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USDA rural development offers home loans at 4%

Effective March 1, the interest rate on USDA Rural Development home loans has been reduced to 4%.

Home prices are at the lowest level in years. Low prices and the rate decrease make this an excellent time for eligible families to purchase a home in rural areas through the USDA Rural Development program according to Randy Griffith, director of Single Family Housing Programs for USDA Rural Development in Missouri.


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