FHA & Conventional Rates Lowered
Step Up Rate Changes
The following interest rate change is effective for Step Up loans reserved on or after May 18, 2020:
FHA to 3.50% from 4.00%
Conventional to 3.75% from 4.25%
Please visit
Lender Online
for loan reservations.
If you have any questions about this information, please contact Lisa Treece at
ltreece@ahfa.com
.