October 03, 2024

Step Up and First Step Rate Changes

 

The following interest rate change is effective for Step Up loans reserved on or after 10:30am, October 3, 2024:


  • FHA to 6.375% from 6.500%
  • Conv. to 6.500% from 6.750% 


The following interest rate change is effective for First Step loans reserved on or after 10:30am, October 3, 2024:


  • FHA to 5.250% from 5.500%
  • Conv. to 5.750% from 6.000% 


Please visit Lender Online for loan reservations.


If you have any questions about this information, please contact Brian Hunt at bhunt@ahfa.com.

Alabama Housing Finance Authority | www.AHFA.com

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