Home › Forums › Closed Forums › Properties or Areas › JTR site “Carmel Valley Above Peak Prices” › A lot of it is interest rate
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.
