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Clip N Go CouponsPosted on February 3, 2010. Why Jumbo mortgage holders being screwed? Rates are fixed 30/yr conventional loans of 5.00%. However, rates are fixed Jumbo 30/yr 6.50%. It is totally unfair ... The Fed, Freddie, Fannie and put pressure on mortgage rates below $ 417k, but the rest of us with more than 417k mortgages are stick because America thinks anyone with a mortgage $ 417k + is rich. Regardless of whether you could live in a region of the country where homes are expensive, but your still eating Mac-n-cheese for dinner and clipping coupons to survive another day. Completely unfair class struggle going on. the class struggle is shameful. Socialism is pushed into the throat. What happened to freedom. "Because America thinks anyone with a mortgage $ 417k + is rich." Looks like you answered your question. Would you ask for something else? CommentsThere are no comments.Leave a Comment |