Aug 21, 2014 14-33

Interest Rate Adjustment

Interest Rate Adjustment

In order to react to changing market conditions, MFA 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 MFA’s program.  Should you have any questions, please contact an MFA Homeownership Representative at 1-800-444-6880 or 505-843-6880.