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INSTITUTE


Jumbo rates below conforming rates: When did
                     this happen and why?

                               Lynn M. Fisher
                       Federal Housing Finance Agency
                               Mike Fratantoni
                        Mortgage Bankers Association
                              Stephen D. Oliner
American Enterprise Institute (AEI), AEI Housing Center, and UCLA Ziman Center
                               Tobias J. Peter
                             AEI Housing Center





                    AEI Economics Working Paper 2019-16
                            Updated August 2020


© 2020 by Lynn M. Fisher, Mike Fratantoni, Stephen D. Oliner, and Tobias J. Peter. All rights reserved.

The American Enterprise Institute (AEI) is a nonpartisan, nonprofit, 501(c)(3) educational organization and does
not take institutional positions on any issues. The views expressed here are those of the author(s).

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