Status of Oregon Bond
Posted by Jim Hungerford on March 9, 2009 · Leave a Comment
As you may know, in the current tax-exempt housing bond market, the Department is unable to sell bonds at interest rates that would result in competitive mortgage interest rates. At present, we still have a limited amount of funds remaining from previous bond sales that are available for commitments, but these funds may be fully committed in the near future. As always, your reservation will be confirmed on a first-come, first-served basis. When funds are fully committed, we will take reservations on a stand-by basis and as we get cancellations, stand-by reservations will be confirmed. Please do not assume that your reservation is confirmed until you see the confirmation on-line under “List of Active Reservations”.
Like this:
Filed under Home Buying
