1. What is a Jumbo loan? Jumbo loans, also known as over-the-counter loans, are mortgage loans whose loan amounts exceed the conforming loan limit set...

1. What is a Jumbo loan? Jumbo loans, also known as over-the-counter loans, are mortgage loans whose loan amounts exceed the conforming loan limit set by the Federal Housing Finance Agency (FHFA). In 2025, the conforming loan limit for most U.S. counties is $806,500, and loans exceeding this amount are Jumbo loans. Since Jumbo loans cannot be guaranteed by Fannie Mae and Freddie Mac, the loan risk is higher and is usually borne by the lender itself. 2. Jumbo loan interest rates and fees 1. Current interest rate situation According to data from June 24, 2025, the average interest rate for a 30-year fixed-rate Jumbo loan is about 6.95%, and the 15-year fixed-rate is about 6.30%. In some market...

1. What is a Jumbo loan? Jumbo loans, also known as over-the-counter loans, are mortgage loans whose loan amounts exceed the conforming loan limit set by the Federal Housing Finance Agency (FHFA). In 2025, the conforming loan limit for most U.S. counties is $806,500, and loans exceeding this amount are Jumbo loans. Since Jumbo loans cannot be guaranteed by Fannie Mae and Freddie Mac, the loan risk is higher and is usually borne by the lender itself. 2. Jumbo loan interest rates and fees 1. Current interest rate situation According to data from June 24, 2025, the average interest rate for a 30-year fixed-rate Jumbo loan is about 6.95%, and the 15-year fixed-rate is about 6.30%. In some market...