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Homeownership Loans in Maryland on Rise

January 28th, 2016 by WCBC Radio

Homeownership loans through the Maryland Mortgage Program more than doubled in 2015 with the overall value of loans totaling more than $638 million, the Hogan administration announced today.

 

The dramatic increase in sales marked one of the program's most productive years in nearly a decade and is seen as a sign of the state's steadily strengthening housing market. Sales also were boosted by several successful initiatives that opened new homeownership opportunities to hardworking families throughout Maryland.

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