Jumbo Home Loans, a Positive Sign?
Posted on January 02, 2013 at 13:50 PM EST
The jumbo loan is making a comeback, a welcome trend for Bay Area homebuyers and one more sign the housing market is reviving. Jumbos -- home-purchase loans above $625,500 in the Bay Area -- are vital for this high-priced region, but had all but disappeared during the credit crunch as eroding home values scared lenders off....