This just in from Sovereign Bank - 5.875 jumbo loans to $1M - been a while since we've seen that low for jumbo!
Also, if you're purchasing for 5 years or less don't be afraid of the 5/1 at 4.875%
Want to purchase a second home? You'll need 20% down since they don't offer mortgage insurance for that but you can get a home equity from them on your primary at 4.0%.
They offer a rehab purchase program as well - call me, it's a great time to buy! Linda Collins