Jumbo Mortgage Rates change on a daily basis and can vary depending on your unique situation. Simply use the quick form below to instantly receive FREE and accurate rate quotes from our nationwide network of trusted lenders.”
So what kind of jumbo mortgage rates are available? Let’s assume you want a loan in Manhattan for more than $729,000. Your best option is a portfolio lender that keeps loans on its own books. These lenders specialize in jumbo mortgages. The best rate for a jumbo mortgage will be an adjustable rate mortgage. Typically today, you will see rates between 4.25% and 5.125%, depending on the jumbo loan program. Portfolio banks prefer adjustable rate mortgages, so they offer them at lower rates … if rates go up, they would rather lend at those higher rates than have their money stuck in 30-year fixed mortgages at low rates. This is just one example of options. Please fill out the form below to see what the Jumbo rate would be for your scenario!