If you are looking to buy a luxury home and are needing financing, for the first time ever, the jumbo loan rates have dropped below that of conforming mortgages!!! This was reported last week in an article by Realtor.com
A jumbo loan is that where the loan value exceeds $471,000 (in the Denver Metro area). By talking with a Lender, you can figure whether it may be better to go to that next level of home.
With house prices continuing to rise, there will be more inventory pushing into that next price bracket, but this shows that Buyers do not need to be discourages.
To search for Luxury home in Denver, click here