New Mortgage Rates (Decrease) - Update #20-20

06/30/2020

Program Update #20-20 dated 6/30/20

NIFA is announcing new conventional loan mortgage rates for our First Home Targeted, First Home and Homebuyer Assistance (HBA) Programs.  All government loan mortgage rates and the HBA second mortgage loan rate remains the same.  The new conventional loan mortgage rates are effective for loan reservations processed in Lender Online on Wednesday, July 1, 2020.  NIFA rates are subject to change without prior notice.

An updated Information Sheet including rates, household income limits, purchase price limits and credit underwriting overlays is available by clicking here.