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19 February 2010
Feds move "Discount Rate"
Jumbo rates have dropped another .25%! So a 30 year fixed loan up to $2,000,000 could be as low 5.375% @ 1 point or 5.625% @ 0 points. Haven't seen rates like this in a long, long time. The last time the FED moved on rates was back in December 2008. Read More...