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Virginia Conventional Mortgage Rates

Updated: August 09, 2020

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Displaying rates for Mortgage Refinance in VA for $200,000

3.025%

APR
30 Year Fixed
3.000% Rate $844/mo
  • Updated August 09, 2020
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2.836%

APR
30 Year Fixed
2.625% Rate $803/mo
  • Updated August 09, 2020
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PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.38%
5/1 ARM 4.56%
Sunday, August 09, 2020

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Mortgage rates for Virginia go down to 3.00%

Sunday, August 9, 2020

Mortgage rates for Virginia on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.38%. The 5/1 ARM mortgage for Virginia is now at 4.56%.

 

Conventional Mortgage Rates & Loan Limits in Virginia

A conventional mortgage loan is a home loan that is not backed directly by the federal government such as the FHA and VA loans. However, conforming conventional mortgage loans follow the terms and conditions set by the government sponsored enterprises (GSEs): Freddie Mac and Fannie Mae. When buying a home in Virginia or refinancing your existing mortgage, a conventional mortgage should definitey be an option. Conventional mortgages  have low closing costs and flexible payment options. Check out our main page on Conventional Home Mortgage Rates.

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