MoneyMatters @Home
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City has a deal for home buyers
Tribune -The city will make $100 million in bargain-rate mortgage money available as it revives a financing program for moderate-income home buyers, Mayor Richard Daley announced Wednesday.
The current rate for the money is 6.375 percent, and qualified buyers will receive a grant equal to 4 percent of the total mortgage to help cover down payment and closing costs. More.....
.
City has a deal for home buyers
Tribune -The city will make $100 million in bargain-rate mortgage money available as it revives a financing program for moderate-income home buyers, Mayor Richard Daley announced Wednesday.
The current rate for the money is 6.375 percent, and qualified buyers will receive a grant equal to 4 percent of the total mortgage to help cover down payment and closing costs. More.....
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posted by gf at 5:00 AM
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