Yesterday we were pleased to hear the good news! Minnesota Housing lowered all first-time home buyer program interest rates, with the lowest rates currently under the Minnesota Mortgage Program (MMP) at 3.750% for government loans and 4.125% for conventional loans (conventional rate includes all pricing adjustments).
In addition, for clients who are ready to buy and interested in 100% LTV financing, consider using the new Affordable Advantage product, now at 4.500%.
If you are looking at buying a home, call us as we can offer you safe loans with below-market interest rates today.
Please note, these rates are subject to change at any time, and this is not an offer to enter into an interest rate agreement. Such an agreement may only be made pursuant to Minnesota Statutes Section 47.206, Subds. 3 and 4.
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