Virginia Morgage Rates

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Virginia Morgage Rates

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Virginia Morgage Rates as of 08/28/08

PRODUCT	RATE		CHANGE
30 Year Fixed	5.95%		-0.01%
15 Year Fixed	5.51%		-0.01%
30 Year Fixed Jumbo	6.72%		0.01%
15 Year Fixed Jumbo	6.40%		0.00%
5 Year Balloon	6.44%		0.00%
7 Year Balloon	6.81%		0.00%
1/1 ARM	5.76%		0.00%
3/1 ARM	5.54%		-0.01%
5/1 ARM	5.56%		-0.05%
1/1 Jumbo ARM	6.04%		0.01%
3/1 Jumbo ARM	6.00%		0.08%
5/1 Jumbo ARM	6.09%		-0.01%
FHA 30 Year Fixed	6.04%		-0.04%
FHA 1 Yr ARM	5.80%		0.05%
VA 30 Year Fixed	6.05%		-0.05%

Before applying for morgage loans or morgage refinance, you should always remember that Virginia state morgage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest morgage rates for Virginia state before applying for a new mortgage or refinancing your current morgage. Above you will find today's morgage rates for the most popular morgage products available in Virginia state. These rates are based on more than 200 Virginia state morgage companies poll for their morgage products and offers and are updated daily. These morgage rates, as well as the list of Virginia morgage companies with their current morgage offerings, should give you a good starting point for your morgage related search.

Morgage industry news

30 Year Mortgage Rate Hits 6.66% Mortgage applications fell last week as mortgage rates were mixed, an industry trade group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application a (full story)	Economy throttling back for slowdown Fort Wayne Journal Gazette - Construction continues in lower Manhattan on Wednesday. Overall construction spending was down by 0.1 percent in April. WASHINGTON – The U.S. economy appears to be shiftin (full story)
Inflation makes ARMs a bad deal Belleville News-Democrat - With interest rates rising, fewer people are applying for new mortgages -- just as you'd expect. But here's a worrisome surprise: More of the applicants are seeking adjustab (full story)	Lose That Mortgage? Motley Fool - As I was traipsing through the Internet the other day, I stumbled upon a blog titled "Housing Panic," where I read an interesting post. The writer asked for anyone's thoughts on this que (full story)

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8/28/2008 11:36 PM