Today’s Rates: Step Up (FHA/VA/USDA) = 6.500% Step Up (CONV) = 6.750%
First Step (FHA/VA/USDA) = 5.500% First Step (CONV) = 6.000%
In an uncertain economy, one thing is sure: A First Step Mortgage Revenue Bond loan from AHFA helps homebuyers save thousands of dollars. On a median-priced home with a 30-year FHA loan, that’s an average savings* of more than $56,000.
Read MoreAHFA Multifamily Administrator David Young participated in the ribbon-cutting for the newly renovated Oak Meadows in Oneonta. AHFA allocated $547,000 in Low-Income Housing Tax Credits for the makeover.
Read MoreDeveloper Dewayne Richardson shares his success in building affordable housing in Eufaula, Alabama, to address community challenges and leverage resources for sustainable growth utilizing Housing Trust Funds (HTFs).
Read More