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Jumbo mortgages booming.

by | Aug 24, 2015 | Mortgages + Lending

The volume of jumbo mortgages (loans above $417,000 in most places and $625,000 in high-priced areas) reached an estimated $160 billion in the first six months of 2015 – 36% higher than a year ago, according to Inside Mortgage Finance.  Jumbo mortgages comprised about...