The coronavirus caused banks to pull back on lending, and one niche that was severely impacted was jumbo loans with less than 20% down payment. In early March, you could have borrowed $2,500,000 with 10% down, and by the end of March, the max was down to $850,000. The availability of jumbo mortgages plunged by […]
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source https://www.bostonreb.com/boston-luxury-condo-buyers-are-getting-the-cold-shoulder/#utm_source=rss&utm_medium=rss&utm_campaign=boston-luxury-condo-buyers-are-getting-the-cold-shoulder
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