As you can imagine, here at Creekside Mortgage, Inc. there’s always a lot of talk about interest rates. So, here’s the deal: for VA loans, the interest rate for a 30-year-fixed rate mortgage has varied around 3.25 for the past couple of months.
So what does it mean for you?
Well, if you are eligible for a VA loan and refinancing or buying a house is on the horizon, you should do it while the interest rates are staying low.
We speculate that rates will likely vary to some degree right around 3.25 until the election is over. Then, it will be hard to tell what is going to happen with them.
For now, the low interest rates are driving the buyer market. If you can benefit from these historically low interest rates, why not buy or refinance now?
For all of your VA loan needs, contact Creekside Mortgage, Inc. at 360.571.5626 or toll-free at 800.920.5420.