If you’re a veteran or active-duty service member, a mortgage guaranteed by the Department of Veterans Affairs (VA) could be your ticket to affordable homeownership. VA loan interest rates are typically lower than conventional loan rates.

30-year fixed refinance mortgage rates stayed flat at 6.26% today, according to the Mortgage Research Center. Rates averaged 5.33% for a 15-year financed mortgage and 6% for a 20-year financed mortgage. Related: Compare Current Refinance Rates ...

The average 30-year fixed mortgage rate was 6.74% on Wednesday, May 20. The 20-year fixed mortgage rate was 6.72%, the 15-year fixed mortgage rate was 5.96%, and the 10-year fixed mortgage rate was 6.

The U.S. Department of Veteran Affairs (VA) offers VA-backed home loans to eligible veterans, service members and surviving spouses. With the VA guaranteeing part of the loan, lenders typically offer lower interest rates,

VA loan rates in South Carolina have fallen to 5.5% for 30-year fixed purchases, offering potential savings for veterans and active-duty buyers. The decline reflects a broader national trend of easing mortgage rates amid cooling Treasury yields and ...

VA loans are for current and veteran service members, as well as eligible spouses. VA mortgages have competitive interest rates and usually require no down payment.

High mortgage rates can be a barrier for prospective homebuyers, but discount points may help to close the deal – especially if those points are paid by the seller.