Bankrate: Mortgage Rates Spike to 5-Month High
NEW YORK, March 22, 2012 /PRNewswire/ -- The average rate on the benchmark 30-year fixed mortgage rate increased to the highest point since last October, rising to 4.29 percent, according to Bankrate.com's weekly national survey.

Federal Home Loan Bank of New York Welcomes New Member AAFE Community Development Fund, Inc.
NEW YORK, March 15, 2012 /PRNewswire-USNewswire/ -- The Federal Home Loan Bank of New York ("FHLBNY") is pleased to announce that, on March 15, 2012, its Board of Directors ("Board") approved Asian Americans For Equality Community Development Fund, Inc.

Federal Home Loan Bank of Chicago Announces $8,000 Downpayment Plus® Program Grants for Eligible Homebuyers
CHICAGO, March 12, 2012 /PRNewswire/ -- The Federal Home Loan Bank of Chicago's Downpayment Plus (DPP®) programs open today. Financial institutions in Illinois and Wisconsin that are members of the Federal Home Loan Bank of Chicago can provide $8,000 subsidies to eligible borrowers to whom they are providing mortgages.