CITY LOAN PLAN TO HELP BUYERS
“City Mortgage" is back, aimed at Chicago buyers on a budget. Every tick up in interest rates holds more families back from affording a home. Because of recent rate rises, the Chicago housing department is again sponsoring City Mortgage. A fixed-rate, 30-year loan at a competitive rate, the City Mortgage also provides up to 4 percent in closing costs for eligible borrowers.
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