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INTEREST RATES TEST ALL TIME LOWS!
March 18, 2009 - New York Fed Expands Purchasing of Mortgage Backed Securities to $1.25 Trillion!
The Federal Reserve Bank of New York today expanded its purchasing of fixed-rate mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae, which are what drives home loan interest rates. The FED plans to buy up to $1.25 Trillion in the coming months. This program is aimed at driving down interest rates and making all kinds of Jumbo Loans more available.
What does this mean to you? Simply, it means that over the next few months we will likely see the lowest interest rates on record. Waiting for rates to rise could be costly. Let ENG Lending help you take advantage of these exciting low rates with a Jumbo Mortgage and get the result you want: approval! Learn more about FHA Jumbo Loans, Conventional Jumbo Loans and VA Jumbo Loans.
 Consolidate Bills, Save Money: Jumbo Loan Refinance
 Jumbo Loans
There are several different Jumbo Loan options for buyers or current homeowners that wish to obtain a loan amount that is greater than $417,000 in value.
Learn more about an Jumbo Loans.
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Need help choosing the right Jumbo Loan?
Our Jumbo Loan Helper can help you determine what type of mortgage or refinance might be right for your situation.
More about Jumbo Mortgages and Refinance.
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