Mortgage rates for Washington
go down to 4.00%
Tuesday, July 22, 2014
Mortgage rates for Washington on Lender411 for 30-year fixed-rate mortgages are at 4.00%.
That dropped from 4.20% to 4.00%.
The 15-year fixed rates are now at 3.12%. The 5/1 ARM mortgage for Washington is now at 3.04%.
VA Refinance Rates in Washington
Refinancing a VA loan in Washington can be convenient and profitable for homeowners formerly serving in the military. Homeowners with an existing mortgage can apply their VA eligibility to a mortgage and acquire a VA refinance to lower their current mortgage payments. Homeowners with an existing VA-guaranteed mortgage have the additional option of a VA streamline refinance. This streamline refinance program allows borrowers to bypass the majority of paperwork and fees involved in a typical refinance transaction and consequently to acquire their funds quicker and more affordably than other refinance options.
Despite these advantages, borrowers considering a VA refinance should always take a survey of lender rates to compare and determine their best refinance options. Check out our main page on VA refinance rates for more information.
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