Washington State Issues SF Bonds; Their Programs Now Show 5.5%-6% Rate.

The Washington State Housing Finance Commission recently had a modest $20 million SF bond sale.

The Offering Statement is HERE.

WSHFC has three first time home buyer programs that I can see (the first does not require issuance of bonds to proceed).

1. Mortgage Credit Certificate
2. Express Loan Program "(5.500% updated 07/02/2009 and subject to change)"
3. House Key State Bond Program "(Funds are now available at the following interest rates:Fixed interest rate for 30 years: 5.50% (2 points), 5.75% (1 point), 6.00% (0 points)").