Under the General New Issue Bond Program adopted in 2010, the Fund issued $118,620,000 in bonds for its first-time homebuyer program and also to refund older bonds for economic savings. The Fund broke its 2011 record by offering first-time homebuyers a 2.99% 30-year fixed rate loan, the lowest in the history of the Fund.
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Rates mentioned in news posts may not reflect current rates.