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While Mortgage Refinancing Slows, One Sector Remains Hot

Consumer demand as a whole for refinancing has dropped with higher interest rates and this has impacted the once immune jumbo mortgage borrowers as well. In many housing markets across the country, jumbo mortgages exceed $417,000, and are usually higher than $625,500 in designated high-cost markets like San Francisco, Los Angeles, Bethesda or certain counties …

While Mortgage Refinancing Slows, One Sector Remains Hot Read More »