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Home > Columnists > Jim Woodard > Big demand for bigger mortgages
Big demand for bigger mortgages
Applications for large mortgages are exceeding the number for modest mortgages in today's market.
Mortgage bankers funded $26.6 billion of jumbo loans during the third quarter of last year. That's a 30 percent gain from the same period during the previous year, according to recent survey figures compiled by National Mortgage News.
Jumbo mortgages are those larger ...
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