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Interesting article about the dropping jumbo mortgage rates. Article credit: Credit Card Builders - www.creditcardbuilders.com Anyone who routinely pays relatively close attention to mortgage rates is aware that they’re on the rise these days. But what you might not know is what is going on with some specific rates. Jumbo rates (rates for a loan of more than $417,000) have come down significantly – to the point where they are nearly the same as a conventional rate (those $417,000 and under). In fact, according to the Mortgage Bankers Association, a 30-year conventional mortgage rate in mid