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Thomas Butts's Answers


Do you think mortgage rates will stay low or get lower? refinance question
With the economy getting stronger you will see an upward trend in rates over the next few months. How high they go is the question everyone wants to know. If you like the 4.625-4.75% on a 30 year fixed or 4.125-4.25 on the 15 year fixed I would get in touch with a reliable lender and get it locked in.Let me know if you...
jumbo loan
Yes there are still lenders offering Jumbo loans and guidelines will vary per lender. General rule of thumb now is you would have to have a 15-20% down payment to get a Jumbo loan these days. You should be able to get 30-15 year fixed rates and 3 year arms to 10 year arms. Hope that helps!

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