Existing VA Loan holders can obtain a refinance and reduce their effective interest rates and payments immediately. The current interest rates are still within historical low ranges, however this cannot last forever
Union City, NJ. (PRWEB) February 28, 2013
According to Freddie Mac, the 30 year mortgage rate is now at 3.53% nationally and this is higher than the November 2012 record low. Veterans considering home buying, or refinancing should act fast in order to leverage the current low VA Loan rates.
Mortgage rates are forecasted to rise, according to TheMortgageReports.com. With this in mind, many of the returning veterans and existing VA Loan holders should consider their options and take advantage of this environment.
"Existing VA Loan holders can obtain a refinance and reduce their effective interest rates and payments immediately. The current interest rates are still within historical low ranges, however this cannot last forever," states Grant Moon of VA Loan Captain.
The Veteran Affairs Department issued revised Loan Limits for 2013 with the majority of the limits remaining the same, and a few limits increasing. Veterans can purchase a home with zero percent down-payment in many counties. With the expert assistance of VA Loan Captain, veterans can maximize their savings and enjoy a low cost home ownership.
With time being of essence, the first step is to understand the application process and get in touch with a consultant today here.
About VA Loan Captain
VA Loan Captain, Inc. assists veterans and service members obtain competitive interest rates and fees on their VA loans through a platform of approved lenders. The company is a service disabled veteran owned small business registered in New Jersey and verified by the US Department of Veterans Affairs. VA Loan Captain, Inc. is listed and searchable within the Department of Veterans Affairs Vendor Information Pages.