Home › Forums › Housing › Mortgate Rates falling? › ARMS have higher rates than
ARMS have higher rates than 30 YR fixed now. No longer makes sense.
Jumbo market over $417K is about 6% right now. Only about 2 weeks left to fund for FNMA. They stop buying them Dec 31st, unless there is an extension.
Conforming amount for San Diego county should be $556K starting January 1st, but new guidelines aren’t available yet.
It looks like anything over $556K could be 8%+ in January, unless some new programs kick in.
