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Do VA rates go up at the same time as other rates?

by bolobaby554 from , California. Oct 14th 2015 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Yes, VA rates are very similar to other products, as they go up and down tied to the bond market.

Oct 14th 2015
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Derick Condron (rightstartoregon)
#30 ranked lender in Oregon - 598 contributions

Yes they are tied to the bond market just like all other programs

Oct 14th 2015
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes.. all conforming rates go up based on how the bond market performs.. Understand that VA does not lend money.. the only insure loans against default... and since all loans are sold on the open market through mortgage backed securities, then depending on market conditions and fluctuation, rates will adjust accordingly. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Oct 14th 2015
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Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions

The simple answer is yes.

Oct 14th 2015
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