Real Estate Articles

Boston Herald

Patrick, banks cut lower-middle income home loan deal

June 10, 2013

Gov. Deval Patrick announced a new mortgage loan agreement today between the state and lenders intended to give first-time buyers in the lower reaches of middle class a better opportunity to own a home.

The program will facilitate 10,000 mortgage loans for first-time homeowners who earn less than the area?s median income, Patrick?s office said in a statement.

?By giving more young people and families the opportunity to won a home, we retain our talent pool and create sustainable long term economic growth,? Patrick said in the statement.

Read entire article on Boston Herald
« Previous Article Next Article »

More From Real Estate Articles

  • Ever Wonder...
  • Don't Forget...
  • Does Lady Gaga Have Island Fever?
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury