Summer VA Mortgage Rates – July 2015

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Fixed rates might go as high as 5.00% for a 30 year conventional mortgage but I expect that rates will be traded in a range between 4% and 5% for most of 2015.

The average for the month 4.00%. The 30 Year mortgage rate forecast at the end of the month 3.98%. 30 Year Mortgage Rate forecast for June 2021. maximum interest rate 4.17%, minimum 3.93%. The average for the month 4.03%. The 30 Year Mortgage Rate forecast at the end of the month 4.05%. Mortgage Interest Rate forecast for July 2021.

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About Home Loans. VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

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Quicken Loans is a VA-approved Lender; not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency. Adjustable-Rate Mortgage: The initial payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 3.75% and 74.91% loan-to-value (LTV) is $926.24 with 3.25 points due at closing. The Annual Percentage Rate (APR) is 4.364%.

Bankrate’s rate table compares today’s home mortgage & refinance rates. Compare lender APR’s and find ARM or fixed rate mortgages & more.. Whether it’s a conventional, FHA, or VA loan,

VA Funding Fee: The VA Funding Fee is paid to the VA to help fund the program and varies depending on type of service, loan amount, down payment and subsequent VA Loan usage. This fee can be paid in cash at closing, but most borrowers choose to roll this cost into their monthly payments.