Mortgage $aver Rate Change

Memo Subject: 
Morgtgage $aver Rate Change
Memo Date: 
07/18/2011 (All day)
Memo No.: 
11-05



Due to changing market conditions, MFA is decreasing the interest rates on the Mortgage$aver program, as follows:

 
Current Interest Rate
New Interest Rate
Mortgage$aver
4.500%
4.250%
Mortgag$aver Zero
4.875%
Unchanged
Mortgage$aver Plus
5.500%
Unchanged

 

The interest rate adjustment will be effective as of 8:00AM on July 18, 2011.