Lenders and REALTORS
Property Managers
Aug 21, 2014 14-33
Interest Rate Adjustment
Interest Rate Adjustment
In order to react to changing market conditions, Housing NM is increasing the interest rate on the Mortgage$aver Zero Gov’t program as follows:
| Current Interest Rate | New Interest Rate | |
|---|---|---|
| Mortgage$aver – Gov’t | 3.750% | No change |
| Mortgage$aver – Conv. | 4.250% | No change |
| Mortgage$aver Zero – Gov’t | 4.000% | 4.250% |
| Mortgage$aver Zero – Conv. | 4.625% | No change |
| Mortgage$aver Plus – Gov’t | 4.750% | No change |
| Mortgage$aver Plus – Conv. | 5.250% | No change |
| HERO | 4.750% | No change |
The interest rate adjustment was effective as of 9:00 am on August 21, 2014.
Thank you for participating in Housing NM’s program. Should you have any questions, please contact an Housing NM Homeownership Representative at 1-800-444-6880 or 505-843-6880.
