Monday, October 19, 2009

Buying Your First Home In Virginia

Whether you're the first time home buyer in Virginia or you're a long-time Virginia resident, you might be looking for Home Mortgage Virginia. If you going to have a first time mortgage loan purchase or you want to go for Virginia 2nd Mortgage refinancing your current mortgage, you need to have a careful look at all the aspects. If is that so, then you are on the right path because with mortgage loan you can not only have a better home, but in easy ways too. You need to know the Virginia Mortgage Rates well before you go to any Mortgage Virginia lender.

It's always good to have a web search for mortgage rates if you are interested in getting mortgage loan. The Mortgage Bankers Association (MBA) announced their most recent data (averages for contract interest rates):

  • 30 Year Fixed Interest Rate = 4.89 %
  • 15 Year Fixed Interest Rate = 4.32 %
  • 1 Year Adjustable Rate Mortgage = 6.56 %

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