SDHDA Morgage Rates Lowest In Groups History

The South Dakota Housing Development Authority is offering home mortgages with some of the lowest interest rates in their history.  Executive Director Mark Lausang (loss-ing) says its part of a stimulus package from the federal government…

[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2010/09/MARKLAUSANG915A.mp3|titles=MARKLAUSANG915A]

That rate can be as low as two point seven five percent for a variable rate.  Lausang says the rules should allow a lot of people to access the loan package…

[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2010/09/MARKLAUSANG915B.mp3|titles=MARKLAUSANG915B]

Lausang says the federal funding should last a while…

[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2010/09/MARKLAUSANG915C.mp3|titles=MARKLAUSANG915C]

Details are available at the housing authority’s website: sdhda.org.

(courtesy WNAX Yankton)