April Housing Market Update: Spring Housing Market Softens as Inventory Surges

VA Loan Rates and APR calculations valid as of Jul 14th, 06:03 PM CST.

Mortgage rates update at least daily. Not all loan types are available in every state.

All rate availability will depend upon an individual's credit score and details of the loan transaction. First-time homebuyers may not qualify for a jumbo product. The interest rates presented are subject to change at any time and cannot be guaranteed until locked in by your Loan Officer.

All rates assume an owner-occupied primary residence not including manufactured homes, and are calculated using a default credit score of 720 (which may be changed through our interactive drop-down menu and any change to the default credit score may result in a change in the displayed rate) with applicable charges and fees (including the VA Funding Fee) included, and also assume 181 days of eligible active regular (non-reserves) military service with no service-related disabilities or previous use of a VA Loan.

The loan rates and APR calculations also assume certain additional facts according to the type of loan described.

Fixed-Rate Purchase Loan Assumptions:

In addition to assumptions above, current advertised rates for fixed rate purchase loans assume a 30-day lock period, no down payment and a $0 loan amount.

Streamline (IRRRL) Loan Assumptions:

In addition to assumptions above, current advertised rates for IRRRLs assume a 60-day lock period.

Cash-Out Loan Assumptions:

In addition to assumptions above, current advertised rates for Cash-out loans assume a 60-day lock period and a loan-to-value ratio lower than 90%.

Jumbo Loan Assumptions:

In addition to assumptions above, current advertised rates for Jumbo purchase loans assume a 45-day lock period. Current advertised rates for Jumbo IRRRLs assume a 60-day lock period and Jumbo Cashouts assume a 60-day lock period. All Jumbo loan advertised rates assume a loan amount in excess of the conforming loan limit. The conforming loan limit varies depending upon where you live. Alaska, California and Hawaii loans have special considerations for what qualifies as jumbo and may be priced separately.