the winner in the contest for biggest pumpkin was a jumbo that weighed in at over a thousand pounds
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That’s a continuation, albeit a slowdown, of its jumbo, 50-basis-point reduction to the benchmark rate; its first cut in more than four years at the FOMC’s September meeting.—Rocio Fabbro, Quartz, 7 Nov. 2024 That certainly was the case as markets anticipated the start of the U.S. Federal Reserve’s easing cycle, which kicked off with a jumbo cut last month .—Weizhen Tan,katrina Bishop, CNBC, 22 Oct. 2024 Types of loans Conventional, FHA, VA, USDA, Arrive Home, Zero Down, jumbo, construction, refinancing, reverse mortgages
Terms
15 to 30 years
Credit needed
540 for FHA, VA and USDA loans; 600 for Zero Down; 620 for conventional loans, 680 for jumbo loans.—Kelsey Neubauer, CNBC, 23 Sep. 2024 In other words, the Fed’s jumbo cut is a sign the central bank is taking the lead in charting monetary policy, and not reacting belatedly to economic conditions.—Yeo Boon Ping, CNBC, 19 Sep. 2024 See all Example Sentences for jumbo
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