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What is a super jumbo mortgage and how much higher (than the average jumbo mortgage) is the interest rate typically?

April 26, 2017average Interest rate Jumbo mortgage

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What is a super jumbo mortgage and how much higher (than the average jumbo mortgage) is the interest rate typically?

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A super jumbo mortgage is a mortgage request exceeding $650,000. A super jumbo mortgage typically has a rate 1/4% higher than your average jumbo mortgage.