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State Tax Credits for Affordable Housing Development
Jun 20, 2014 14-17
Interest Rate Adjustment Mortgage$aver Plus Conventional Program
Interest Rate Adjustment
In order to provide MFA borrowers with the most affordable financing options, MFA is decreasing the interest rate on the Mortgage$aver Plus Conventional program, as follows:
|Current Interest Rate||New Interest Rate|
|Mortgage$aver – Gov’t||3.750%||No change|
|Mortgage$aver – Conv.||4.375%||No change|
|Mortgage$aver Zero – Gov’t||4.250%||No change|
|Mortgage$aver Zero – Conv.||4.625%||No change|
|Mortgage$aver Plus – Gov’t||4.750%||No change|
|Mortgage$aver Plus – Conv.||5.375%||5.250%|
The interest rate adjustment is effective as of 12:00 Noon on June 20, 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.