Home › Forums › Housing › 5-07 MAJOR NEWS! Conforming Jumbo Rates Slashed › Capeman, That is indeed a
Capeman,
That is indeed a risk that will be taken by some borrower’s, lenders, and the government. I am sure most people would feel a lot more comfortable with a home that is negative 10% in value in the short term vs. 60%.
Sincerely, Contraman