According to Mortgage News Daily this morning, mortgage rates ranged from a low of 6.20% for a 30 year VA loan to as high as 7.25% for a 30 year Jumbo, but there are also four other types of loans in between. So how do you know what loan is best for you and your situation? You’ll find out the pros and cons of each of these loans.

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Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.