The following interest rate change is effective for Step Up loans reserved on or after May 5, 2022:
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FHA to 6.00% from 5.75%
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Conv. <80 AMI to 6.00% from 5.75%
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Conv. >80 AMI to 6.25% from 6.00%
If you have any questions about this information, please contact Lisa Treece at ltreece@ahfa.com.
