Mortgage Rates Rise, VA Rates Lowest

After nearly two months without an increase, mortgage rates moved higher this past week. Rates on home loans for veterans remain the lowest.

On single-family mortgages that were closed during the month of August, thirty-year note rates averaged 4.27 percent.

The average rose 2 basis points from the preceding month. Compared to the same month a year ago, the average has ascended 50 BPS.

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From:: Financing