Thursday, 4 June 2020

Boston luxury condo buyers are getting the cold shoulder

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 […]

The post Boston luxury condo buyers are getting the cold shoulder appeared first on Boston Condos For Sale Ford Realty.



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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