VA Home Loan Mortgage Rates September 26 – Current Rates Unchanged

Filed Under (Mortgages) by admin on 24-09-2009

VA home loan mortgage rates for September 26th, 2009 have changed very little as circulating conventional mortgage rates stabilize.  Current VA home loan rates in favor of the 30 year fixed are around 3.95%.  As many of you know, VA loan rates are generally one full percentage point lower than conventional mortgage rates.  Last week was a very volatile week for mortgage rates but with all the movement they ended up very close to where they started.

Conventional 30 year fixed mortgage rates were as low as 4.91% and went in the same manner with high as 5.05% but ended the week right around 4.99%.  This is still very low when looking at mortgage rates in a historical context.  For anyone who has been thinking well-nigh refinancing or buying their in the beginning home now is because good of a time as ever as mortgage rates are likely to go up after Halloween.

The Federal Reserve Bank has made it very apparent that the are going to stop buying US Treasuries by the end of October.  This is likely going to put treasury yields in an up trend which will also push mortgage interest rates higher.  If you continue to wait for mortgage rates to drop you might find yourself looking at mortgage rates that are heading to 6% rather than staying below 5%.

Make sure to check out Subprime Blogger on a daily basis for your VA home loan rates. We will display the current VA home lend rates as well as a short commentary similar to the above column. Bookmark the following VA Loan category to gain easier access to our daily VA loan rates column:

VA Loan

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