Luxury Homes

statistics and updates on luxury home sales in states with high costs neighboroods

Lake Washington Home

Will Million Dollar Mortgage Loans Increase This Year Too?

Data from the Mortgage Bankers Association reports that in January residential purchase loans between $1 million to $5 million were the fastest growing share of the mortgage market. Wealthy borrowers are looking for these larger sized loans now as luxury home prices increase and lenders attract them with competitive loan programs. Due to the fact …

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