Lender Memo

Memo Subject: 
Mortgage $aver Plus Rate Change
Memo Date: 
11/07/2011 (All day)
Memo No.: 
11-07


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

 
Current Interest Rate
New Interest Rate
Mortgage$aver
4.000%
Unchanged
Mortgag$aver Zero
4.500%
Unchanged
Mortgage$aver Plus
5.500%
5.000%

 

The interest rate adjustment will be effective as of 8:00AM on November 7, 2011.