Lenders and REALTORS
Property Managers
Aug 9, 2013 13-22
Interest Rate Adjustment-Mortgage$aver Program
Interest Rate Adjustment
Due to changing market conditions, Housing NM is increasing the interest rate on the Mortgage$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 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
