Sep
01
2010
New York Mortgage Agency Borrowing Costs Fall 30% as Bonds Catch on `Fire’
Posted by in Mortgage Newswebmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
State of New York Mortgage Agency , which provides subsidized home loans to low- and moderate-income families, cut its borrowing costs 31 percent since April on about $133 million in tax-exempt housing bonds as demand from individual investors helped drive down yields.
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