[quote=ocrenter]A lot of it is interest rate driven too. Jumbo now down to 4.125 with zero point. I’ve seen an institution still using the old 625k limit, at interest rate of 3.75.

Mortgage on a 30% down, million dollar 2700 would only be $3300.[/quote]

I agree. If you have the $$ and/or can qualify for a mortgage, it’s hard to resist not to buy. Be it be your primary or rental.