Apartments are getting smaller in much of the U.S., even as rents are rising. The average size of newly built apartments in 2018 is 941 square feet, which is 5 percent smaller than it was a decade ago. For studio apartments, the change is more pronounced — they’re 10 percent smaller. Rents, on the other […]
Rent vs. Own
What is a Jumbo Loan?
Understanding How Jumbo loans Work A jumbo mortgage is any mortgage that exceeds the conforming loan limit of $424,100 for a single-family home in most areas of the United States. In certain high-priced areas, the loan limit is $636,150. For instance, in Los Angeles, the limit is $636,150, and in Honolulu, the limit is $721,050. […]