image desccription

Interest Rate Adjustment-Mortgage$aver Programs

Interest Rate Adjustment

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

  Current Interest Rate New Interest Rate
Mortgage$aver – Gov’t 4.500% 4.000%
Mortgage$aver – Conv. 4.750% 4.250%
Mortgage$aver Zero – Gov’t 5.000% 4.500%
Mortgage$aver Zero – Conv. 5.250% 4.750%
Mortgage$aver Plus – Gov’t 5.500% 5.000%
Mortgage$aver Plus – Conv. 5.750% 5.250%

 

The interest rate adjustment is effective as of 8:00 AM on October 28, 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