From Premium to Discount on 30-Year Mortgages In the aftermath of the 2008 financial crash, funds for jumbo mortgages virtually dried up. At a time when rates on conventional, 30-year mortgages were fetching around 4.5%, jumbo rates were 6% or 6.5% — if you could find such products at all. Today, that premium and scarcity has been replaced by...Read More
The Twin Cities’ “Brooklyn” and “Manhattan?” The Case for Edina’s Country Club Neighborhood Brooklyn has become so hot — and expensive — that the joke in New York is that people who can’t afford to live there should check out cheaper digs in Manhattan. In particular, the Upper East Side now looks like a relative...Read More
