Market News

VA Home Loan Mortgage Rates Drop to Record Low

National average for a 30-year fixed VA loan dips to 4.69 percent Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases and refinanced loans. The average rate for 30-year fixed VA loans sank to 4.69 percent, from 4.75 percent last week, mortgage firm Equity VA Loans said... Read more of this article

VA Home Mortgage Rates at Lowest Level Since January

VA Home Loan Mortgage rates at lowest level since January Average now 5.49 percent — and further cuts could be on the way by Ezell Johnson WASHINGTON – Rates on 30-year VA Home Mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. Average rates on... Read more of this article

Where are the daily VA Home Loan Rates Posted?

There is no place that I am aware of that publishes current daily rates forVA Loan.www.BankRate.com posts an average of mortgage rates for the day for 30 yearrates.Typically, VA rates run about .25% less than this published rate…but eachlender differs slightly depending on where and how they buy their monies onthe market.So it's not a perfect... Read more of this article

Why Are VA Mortgage Rates Going Up When Fed Cuts Rates?

Frank P. Lozano, VA Loan Specialist, Amerisave Mortgage Is a Fed rate cut really good for mortgage rates? The Fed can only control the Discount Rate and the Fed Funds Rate. Those two are completely different from VA mortgage rates. A VA mortgage rate can be in effect for 10 – 30 years, a rate that is set by the Fed can change daily. ... Read more of this article