MassHousing’s Success. Inside 2015, MassHousing aided over step three,100000 lowest- and you will average-money family purchase or re-finance a home on county. step 1 million within the profile as of , brand new delinquency rates for everybody out-of MassHousing’s solitary-house finance was 3.dos per cent. 55 Actually for the property foreclosure crisis, MassHousing’s unmarried-house loan delinquency rate are cuatro.cuatro percent at the conclusion of fiscal 12 months 2011 weighed against FHA’s 10.1 percent delinquency rates inside the same months. 56 Milewski functions MassHousing’s lowest default pricing in order to to prevent unsustainable home loan methods plus the excesses of your casing crisis. Specifically, he cards you to MassHousing’s financing is actually totally documented 31-seasons, fixed-speed funds to own proprietor-occupied home.
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