Virginia Mortgage and Refinance Rates

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Current Virginia Mortgage Rates

Average market rates for 11-29-2023 in Virginia are 7.242% for 30 Year Fixed Purchase and 7.346% for 30 Year Fixed Refinance

DateProductRate
11-29-202330 Year Fixed Purchase7.242%
11-29-202330 Year Fixed Refinance7.346%

Virginia Purchase Rates

DateProductRate
11-29-202315 Year Fixed Purchase6.473%
11-29-202315 Year fixed Jumbo Purchase7.098%
11-29-202330 Year Fixed Purchase7.242%
11-29-202330 Year Fixed Jumbo Purchase7.843%

Virginia Refinance Rates

DateProductRate
11-29-202315 Year Fixed Refinance6.466%
11-29-202315 Year fixed Jumbo Refinance7.101%
11-29-202330 Year Fixed Refinance7.346%
11-29-202330 Year Fixed Jumbo Refinance7.895%

Virginia ARM Rates

DateProductRate
11-29-20235/6 ARM SOFR Purchase7.259%
11-29-20235/6 ARM SOFR Refinance7.309%
11-29-20235/6 ARM Jumbo SOFR Purchase6.8%
11-29-20235/6 ARM Jumbo SOFR Refinance6.825%

How we source rates and rate trends

Most Common Mortgage Types in Virginia

  • Conventional: 79,000 loans
  • FHA: 16,845 loans
  • USDA: 2,070 loans
  • VA: 24,636 loans

Top Purchase Lenders in Virginia by Volume

  • Movement Mortgage, LLC: 5,230 loans
  • Atlantic Bay Mortgage Group, L.l.c.: 4,987 loans
  • Rocket Mortgage, LLC: 4,369 loans
  • Mortgage Research Center, LLC: 3,953 loans
  • Navy Federal Credit Union: 3,275 loans
  • Mclean Mortgage Corporation: 2,937 loans
  • Nvr Mortgage Finance, Inc.: 2,838 loans
  • Alcova Mortgage LLC: 2,792 loans
  • Prosperity Home Mortgage, LLC: 2,774 loans
  • Atlantic Coast Mortgage, LLC: 2,641 loans

Top Refinance Lenders in Virginia by Volume

  • Truist Bank: 1,763 loans
  • Rocket Mortgage, LLC: 1,612 loans
  • Pennymac Loan Services, LLC: 957 loans
  • Wells Fargo Bank: 942 loans
  • PNC Bank: 834 loans
  • Bank Of America: 606 loans
  • Capital Center, L.l.c.: 596 loans
  • Nationstar Mortgage LLC: 560 loans
  • Navy Federal Credit Union: 553 loans
  • Loandepot.com, LLC: 523 loans

Top Cash-Out Refinance Lenders in Virginia by Volume

  • Rocket Mortgage, LLC: 6,988 loans
  • Loandepot.com, LLC: 1,813 loans
  • Freedom Mortgage Corporation: 1,618 loans
  • Wells Fargo Bank: 1,454 loans
  • Nationstar Mortgage LLC: 1,437 loans
  • Navy Federal Credit Union: 1,383 loans
  • Pennymac Loan Services, LLC: 1,249 loans
  • Capital Center, L.l.c.: 961 loans
  • Amerisave Mortgage Corporation: 758 loans
  • Truist Bank: 728 loans

How we source lender data

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