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Maryland CDA reduces rates to 3.5% with 0 points! August 22, 2011

Posted by Patti Click in Uncategorized.
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These rates are fantastic, but might not last long.  CDA has recently changed their policy regarding interest rates.  They do not give notice before rates changed, so to take advantage of this super low rate, you may need to make a move FAST!

From the www.mmprogram site:

URRENT INTEREST RATES
30-Year Maryland Mortgage Program
Interest Rate Points APR
3.500% 0-point Mortgage 4.236%
 

30-Year Homeward Bound Program (Short Sales and non DHCD-owned Foreclosures)

Interest Rate Points APR
3.000% 0-point Mortgage 3.695%
 

30-Year DHCD-owned Foreclosures

Interest Rate Points APR
2.750% 0-point Mortgage 3.424%

 

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