VHFA launched a new website today: Vermont Rental Housing Codes. The site provides guidance on the health and safety standards that existing residential rental housing in Vermont must meet.
Rates for VHFA home loan mortgages drop to historic lows
VHFA lowered its home mortgage loan interest rates today to the lowest point in agency history. As of Friday, August 12, 2011 the new rates are:
3.875% with 0 points for our government program
4.00% with .25 point for our conventional MOVE program (4.012% APR with points)
VHFA lowers home mortgage loan interest rates
VHFA lowered our home mortgage loan interest rates today.
Our Government program — 30-year, 0 point, fixed rate — is 4.50% (4.50% APR).
Our Conventional program — 30-year, 0.25 point, fixed rate — is 4.625% (4.647% APR).
Feedback about new security deposit and renter risk pool
The State of Vermont is proposing systematic changes in its delivery of housing services to the homeless population. Two potential programs that may stem from these changes are a state-funded security deposit guarantee program and a renter risk pool.