The following interest rate change is effective for Step Up loans reserved on or after March 14, 2022:
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FHA to 4.750% from 4.500%
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Conv. <80 AMI to 4.625% from 4.375%
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Conv. >80 AMI to 5.000% from 4.750%
If you have any questions about this information, please contact Lisa Treece at ltreece@ahfa.com.
