GeeFLEXX t1_iua4q5i wrote on October 29, 2022 at 7:15 PM

Reply to comment by 9wild9 in Anyone who recently sold real estate in the Augusta area by Revan995

Jumbo loans with 35%+ down are 5.83% right now. Not great but certainly not 8%.

9wild9 t1_iua642y wrote on October 29, 2022 at 7:25 PM

So rich people? 😂

Not many “Mainers” are putting down 35% on a jumbo.

mainlydank t1_iuazn65 wrote on October 29, 2022 at 11:03 PM

anyones whos selling right now could feasibly do this, obviously no new home buyers can

GeeFLEXX t1_iuaps4s wrote on October 29, 2022 at 9:46 PM

With 20% down it’s 5.96%. That’s about $130K down for the cheapest jumbo loan, and many people selling their current house today will have that in equity.