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Interest Rate Adjustment-Mortgage$aver Program

Interest Rate Adjustment

Due to changing market conditions, MFA is increasing the interest rate on the Mortgage$aver program, as follows:

  Current Interest Rate New Interest Rate
Mortgage$aver – Gov’t 4.500% No change
Mortgage$aver – Conv. 4.750% No change
Mortgage$aver Zero – Gov’t 4.750% 5.000%
Mortgage$aver Zero – Conv. 5.000% 5.250%
Mortgage$aver Plus – Gov’t 5.250% 5.500%
Mortgage$aver Plus – Conv. 5.500% 5.750%

 

The interest rate adjustment is effective as of 8:00 AM on August 9, 2013.

Thank you for participating in MFA’s program.  Should you have any questions, please contact an MFA Homeownership Representative at 1-800-444-6880 or 505-843-6880