FHA & Conventional Rates Lowered
Step Up Rate Changes
The following interest rate change is effective for Step Up loans reserved on or after June 1, 2020:
FHA to 3.00% from 3.50%
Conventional to 3.25% from 3.75%
Please visit
Lender Online
for loan reservations.
If you have any questions about this information, please contact Lisa Treece at
ltreece@ahfa.com
.