The Fund offered first-time lower-income homebuyers the lowest mortgage rate in the history of the Fund. First-time homebuyers were offered a 30-year fixed rate loan at 2.75%. This low interest rate was possible through a $15 million bond issue coupled with a special bond refunding.
Home Timeline Stories 2016
2016
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Rates mentioned in news posts may not reflect current rates. Programs mentioned in news posts may close to applications at any time. Visit the Programs section for updated information on our Multi-Family and Single-Family programs.