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MHDC Bond issue 2008A delayed for Market Volatility

January 25, 2008

MHDC 100% 

The MHDC will be delaying their bond issue 2008A until the second week in February.  Market volatility and the predicted FED rate cut are the cause.  Once the market settles they will be able to issue the new bond.  The Missouri Housing Development Commission offers secured below market interest rate mortgages through approved lenders designed for first time home buyers.  Cornerstone Mortgage is the best and most expirienced MHDC Approved Lender in St. Louis. 

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