Jumbo Loan Applications are Becoming Time Sensitive

With increasing instability in the jumbo mortgage market, experts are recommending quick action.  The Fed has suggested jumbo rates will go up in 2015 but as of yet, they remain near their lowest in years, prompting the Wall Street Journal to post an article with ideas for smoothing the application process.  Their thoughts include obtaining pre-approval, increasing the down-payment, “scouring the market” for lower rates and fees, as well as a few others.  Closing Attorney Rob Anctil has forwarded this article by way of illustration:  http://www.wsj.com/articles/tips-to-get-the-best-jumbo-rates-1419959688