Bank offers home loans below 4% 
Program helps indebted builders with low rates for buyers
By Matt Carter, Tuesday, March 17, 2009.
Flickr image by www.lumaxart.com.A small bank in the Pacific Northwest is hoping to boost sales for builders who owe the bank millions by offering mortgages to new homebuyers at less than 4 percent interest.
Banner Bank began offering the low rates through a subsidiary on March 7 in Portland, Ore., and surrounding markets, and plans to expand the program next month to Seattle and Spokane, Wash., and Boise, Idaho.
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