Friday, February 20, 2026
Keen Bank Expands Access to Affordable Homeownership Through Partnership with FHLB Des Moines
February 20, 2026 (Waseca, MN) — Keen Bank and the Federal Home Loan Bank of Des Moines (FHLB Des Moines) have joined forces to offer Mortgage Rate Relief—a housing affordability initiative designed to support income-qualified homebuyers by reducing mortgage interest rates up to 1.5% lower than the current market rate for a 30-year fixed-rate mortgage loan. “Being able to offer a rate that is 1.5% below market has given many first time buyers a chance they didn’t think they’d have at
