Ask Eli: My Favorite Mortgage Programs – The HELOC/second trust payment is interest-only. mortgage insurance for high-value (jumbo) loans. Wells Fargo’s “Professionals” Program lets you put 10.01% down on loans from $424,100 up to.
Mortgage rates inch up in March 2019 – Interest – Anyone out to buy or refinance a home this month will find that current mortgage rates have moved up slightly since this time last month. That means it’s best to shop for a mortgage now, while mortgage rates are still historically low. The average interest rate on a conventional 30-year fixed-rate.
Interest-only jumbo loans are also available, though usually for the very wealthy. They are structured similarly to an ARM and the interest-only period lasts as long as 10 years. After that the rate.