DSHA Update August 15, 2011 - Rate Change (Delaware First Time Home Buyers Program) - 08/17/11 05:25 PM
DSHA Update August 15, 2011 - Rate Change (Delaware First Time Home Buyers Program)
DSHA has reduced the interest rates under its Delaware First Time Home Buyers Program (SFMRB). The SFMRB program offers 30-year mortgages with a fixed interest rate to first-time homebuyers, i.e., buyers who have not owned a principal residence within the past three years.
Current interest rates, 30 year fixed-rate mortgage (As of this post, Rates Subject to Change): 
3.5% (formerly 4.25%) - New, Existing or 203K Acquisition/Rehab Homes Loans (without SMAL) 4.5% (formerly 4.875%) - New, Existing or 203K Acquisition/Rehab Homes Loans (with SMAL) Qualified buyers can also use the Second Mortgage … (2 comments)

 


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