There are many factors that have an influence on what your VA mortgage rate will be, so working with a VA specialist is recommended. Current VA mortgage rates hover around 3.25 percent for a 30-year fixed-rate VA mortgage loan and around 3 percent for a 15-year fixed-rate VA mortgage.When should I refinance my mortgage?
Most banks and lenders will require borrowers to maintain their original mortgage for at least 12 months before they are able to refinance. Although, each lender and their terms are different. Therefore, it is in the best interest of the borrower to check with the specific lender for all restrictions and details.What is the current mortgage interest rate?
National 30-year fixed mortgage rates go up to 3.69% . Additionally, the current national average 15-year fixed mortgage rate increased 4 basis points from 3.15% to 3.19% . The current national average 5/1 ARM rate is equal to 3.60% .What is the current interest rate on home loans?
A. Home loan interest rate today is 6.50% onwards. The final rate of interest at which your lender will give you a home loan will depend on multiple factors including your credit score, repayment capacity, loan amount and age.