Current VA Refinance Rates | October 2024
Current VA Refinance Rates | October 2024
Posted on: October 10, 2024
As reported from a weekly survey of 100+ lenders by Freddie Mac, the average mortgage interest rates increased for all three loan types week over week — 30-year fixed rates went up (5.55% to 5.66%) as did 15-year fixed rates (4.85% to 4.98%), and 5/1 ARM rates (4.36% 4.51%).
Can You Rent Your House if You Have a VA Loan?
Posted on: January 10, 2024
VA loans finance primary residences and not rental properties. So what happens when you get deployed or retire and decide to move? Do you have to sell your VA-financed home […]
VA Streamline vs VA Cash-out Refinance
Posted on: January 8, 2024
In general, Veterans and active-duty servicemembers want to refinance for the following reasons: To get a lower monthly payment To get cash back The VA has two refinance options available, […]
Close Your Refinance Faster | Tips & VA Guidelines 2024
Posted on: January 2, 2024
How long does it take to refinance a VA loan? According to the ICE June 2021 Origination Report, the average VA refinance loan closed in 60 days. That’s an average, […]
Can You Buy Points on a VA Loan? How to Lower Your Rate
Posted on: June 28, 2023
What are VA loan points, and should I buy them? These are important questions for homebuyers because they affect upfront and long-term borrowing costs. Whether you should buy points depends […]
VA Streamline Refinance | Reduce Your Monthly Payment
Posted on: November 14, 2022
Interest rates are at historic lows. For anyone who is currently a VA loan borrower — even if you got a great rate in 2014 or 2015 — it could […]
VA Streamline and Cash-Out Refinances: Perfect HARP Alternatives
Posted on: November 1, 2022
Since the introduction of the Home Affordable Refinance Program, or HARP in 2009, Congress has tried to address the negative equity many home owners have. HARP and later HARP 2.0 […]
When Should You Refinance A VA Loan?
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Refinancing can be an excellent way to save money on monthly payments. That being said, not everybody should refinance – at least not yet. Figuring if and when you should […]
Should You Get a VA Refinance?
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Because of the upheaval caused by the current COVID-19 pandemic, now is the ideal time to apply for a Veterans Affairs (VA) refinance on your VA mortgage.
VA Streamline Refinance after Death, Divorce, or Marriage
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There are many rules to be aware of when it comes to changing the borrowers named on a mortgage when getting a VA streamline refinance (also known as an Interest […]
