As Michelle mentioned back in July of Last year http://activerain.com/blogsview/Rate-Change-to-the-HouseKey-Program?871

If you live in Washington and are looking at your first home purchase, it could pay to look into attending a 5-hour seminar sponsored by the Washington Housing Finance Commission.

FIXED INTEREST RATE FOR 30 YEARS Current 4/23/2007

• 5.50% maximum 2.00 points

• 5.75% maximum 1.00 point

• 6.00% with 0 points

In this class you will learn about a tax free bond program that gives loans to qualified buyers at incredible rates.

You can find more information at http://www.wshfc.org/buyers/key.htm

Commission-sponsored seminars:

Are free and open to the public, include information about the Commission's low-interest rate House Key State Bond first mortgage program, down payment assistance, and other loan programs; and are accepted by all affordable housing loan programs as meeting or exceeding educational requirements.