VA Current Mortgage Loan Rates
Videos feature Tim Lewis, VA Loan Team Manager, NMLS #157603.
Are there fixed and adjustable VA home mortgage rates?
Both fixed rate and adjustable rate mortgages are possible under the VA mortgage programs. But not all lenders offer ARMs. Fixed rate VA loans have an interest rate that is permanent for the duration of the loan. Adjustable rates generally start out lower than fixed rates, and can adjust either up or down during the life of the loan. Determining whether a fixed or adjustable rate mortgage is right for you often depends on how long you plan to own the home.
If you would like more information about the differences between fixed and adjustable VA loan rates, you can get details directly from a VA loan professional.
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