Jumbo Mortgages Are Having a Moment

Ever wonder who’s behind those massive home loans for luxury houses? Redwood Trust just grabbed a bigger slice of the jumbo mortgage pie, locking in $4 billion in loans last quarter—its best run since 2021. With banks still skittish after last year’s chaos, Redwood is stepping in, teaming up with smaller banks to keep the big-home market moving. If you’re eyeing a fancy new place, this could mean more options and maybe even better rates down the line. Stay tuned—mortgage drama isn’t over yet! #RealEstate #MortgageTips #HomeBuying #FinanceHacks