Mobile Mortgage News

Jumbo loans decline in O.C.

posted 245 weeks ago on Mortgage Insider

Register reporter Jeff Collins reports ... The percentage of jumbo home loans declined in late August, both in Orange County and across Southern California, DataQuick Information Systems reported today. Jumbo loans, or mortgages greater than the "conforming" loan limit of $417,000, accounted for 54 percent of all home-purchase financing in Orange County in August, down from 58.6 [...]
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