RI Housing is your best bet for the silent second. It is a great way for first time home buyers to take advantage of some extra money. There are also some great "Stepped Rate" programs through RI housing. These allow you to take advantage of a low rate that gradually will go up over a period of time. RI Housing's interest rates are not based on the 10 year bond like most other banks and mtg companies. In the past, that meant you could get a lower rate through RI housing opposed to the competition. Recently, however, rates have sunk to record lows resulting in interest rates being lower through your bank or mtg company as opposed to RI Housing. If you need more information please let me know!!