Best Jumbo Mortgage Rates

Jumbo mortgages are loan types that exceed the 2023 limits of conforming loans, with rates often similar to rates for conforming loans but can be higher. The current jumbo 30-year fixed mortgage rate is 7.15%, while the jumbo 15-year rate is 7.15% and these rates are not the teaser rates that may be advertised online. Borrowers are required to have a good credit profile with a low debt-to-income ratio and a higher credit score to qualify. Those looking for high-value homes should consider taking out a jumbo loan to get the best course of action for their borrowing