Jumbo Vs Conventional Loan Rates
ContentsHousing finance agency (fhfa)Put fannie maeLoans increased 3.6%.Loan level mortgage dataFannie Mae Meaning In September of 2008, Fannie Mae and Freddie Mac were both placed into conservatorship of the federal housing finance agency (fhfa), which put fannie mae and Freddie Mac under direct government control. Today, the role of Fannie Mae and Freddie Mac has not changed very much.Something very unusual happened with mortgage interest rates this week. The interest rate on jumbo mortgages actually fell below the interest rate of the conventional 30-year fixed-rate loan. Mortgage.Jumbo Loan 5 Down A jumbo mortgage is a type of mortgage loan whose principal balance. You can get a conventional loan with a down payment in the 3% to 5% range, or an FHA loan with a 3.5% down payment. With a jumbo.…