| Tipoffs for Des Moines, Iowa (Federal) Newsletter for Tuesday September 17, 2024 ( 1 items ) |
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Federal Home Loan Bank of Des Moines: $6 Million in Additional Grant Funds Allocated to Mortgage Rate Relief
DES MOINES, Iowa, Sept. 17 -- The Federal Home Loan Bank of Des Moines, a district bank in the Federal Home Loan Bank System, issued the following news:
Federal Home Loan Bank of Des Moines is proud to announce an additional $6 million of funding has been allocated to the Mortgage Rate Relief product. Since the launch in Spring 2024, Mortgage Rate Relief has helped fund over 1,000 loans in underserved areas by permanently reducing interest rates by approximately 2 percentage points lower than t
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