Maryland’s housing department lowered the interest rate for its state-backed mortgage program for the second time this year in a push to stimulate first-time homeownership. The Department of Housing and Community Development said Thursday the interest rate for its zero-point Maryland Mortgage Program mortgages has been reduced to 4.75%.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
Exclusive: House Democrat reintroduces bill targeting mortgage credit access
The reintroduced legislation would require lenders to use consumer-permissioned data, rental and bank records, for applicants who request it.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio