Jumbo Borrowers Get the Red-Carpet Treatment

It’s awards season in the U.S., when the entertainment industry celebrates its top movies, music and TV shows. If the mortgage industry gave out prizes, jumbo borrowers would be big winners. Some highlights from 2014: • For a five-week stretch between August and September, jumbo rates were lower than those for comparable conforming mortgages. •…

Planned Laterra, Rancho Milagro offer different housing for Pacific Highlands Ranch in Carmel Valley

The Carmel Valley Community Planning Board reviewed two Pacific Highlands Ranch housing developments at its Jan. 22 meeting: Rancho Milagro, 10 single-family homes planned for Carmel Valley Road just past the Village at Pacific Highlands Ranch, and Laterra, a 69-home development on Village Center Loop Road. Both projects are being developed by Latitude 33. Rancho…