1. What Are VA Loan Interest Rates?

VA loan interest rates are the annual percentage rates charged on mortgages guaranteed by the U.S. Department of Veterans Affairs. These rates are typically competitive with conventional mortgage rates.

2. How Rates Are Determined

VA loan rates are influenced by:

• Current market conditions
• The Federal Reserve's monetary policy
• Bond market trends
• Individual borrower qualifications

3. Current Rate Trends

2025 Overview: As of 2025, VA loan rates typically range between 5.5% and 6.5% annually, though individual rates may vary based on credit score, loan term, and other factors.

4. Using This Calculator

Instructions: Enter the current VA loan interest rate you've been quoted to compare it with typical market rates.

5. Frequently Asked Questions (FAQ)

Q1: Are VA loan rates better than conventional rates?
A: VA loans often have slightly lower rates than conventional loans, typically by 0.25% to 0.5%.

Q2: How often do VA loan rates change?
A: Rates can change daily based on market conditions.

Q3: Can I lock my VA loan rate?
A: Yes, most lenders offer rate locks for 30-60 days, sometimes longer.

Q4: Do VA loans have adjustable rates?
A: Yes, both fixed-rate and adjustable-rate (ARM) VA loans are available.

Q5: How does credit score affect VA loan rates?
A: Borrowers with higher credit scores typically qualify for better rates, though VA loans are generally more forgiving than conventional loans.