I has been discouraging for Cincinnati Area homeowners looking to finance more than $420,000 on their home mortgage.  While rates have been at record lows for conforming loans, pricing has been much higher for jumbo loans.  I just received an encouraging call from my local Bank of America representative.  Effective Monday July 26, they are dropping their pricing for jumbo products to allow par rates at around 4.25% on a 5/1 ARM.  Now is a great time to refinance your jumbo mortgage or make that purchase you have been putting off.  Give our office a call for more details.  513-766-0647