Dupaco joins Federal Home Loan Bank in program to make homeownership more affordable for some borrowers

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Dupaco Credit Union and Federal Home Loan Bank of Des Moines have partnered on the Mortgage Rate Relief program, which can provide eligible members with a reduced-rate mortgage. The Mortgage Rate Relief program provides $25 million in grant funds to those seeking affordable homeownership. This product is designed to make homeownership attainable for certain lower-income borrowers by permanently reducing their interest rate to approximately 2 percentage points lower than the current market rate. To learn more, visit the Dupaco website.