The following interest rate change is effective for Step Up loans reserved on or after November 12, 2021:
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Conv. <80 AMI to 3.375% from 3.125%
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Conv. >80 AMI to 3.750% from 3.500%
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FHA to 3.500% from 3.250%
If you have any questions about this information, please contact Lisa Treece at ltreece@ahfa.com.
