JumboMortgages

    By Brett Widness

    | 9:00AM 5/31/2009
    BusinessWeek looks at 10 markets in California where housing demand has picked up of late, boosting prices off the lows we've seen in the past few months.One of the reasons demand has picked back up is California's $10,000 tax credit for buyers, on top of the $8,000 federal first time buyer credit....

    By Brett Widness

    | 9:00AM 5/22/2009
    Yes ... according to the National Association of Realtors in a new report.While interest rates have gone lower and lower for prime "conventional" mortgages, guaranteed by the FHA, Fannie Mae or Freddie Mac, there is no federal guarantor for the jumbo mortgage market. According to the NAR, "the...