Lock in Your Low VA Rates Now!
8/5/2008
The window of opportunity may be slowly closing for veteran homeowners who are looking to reduce their monthly payments on their VA mortgages. Higher prices on many goods and services are showing that inflation may be increasing in the U.S. Interest rates may increase in the future in response to those conditions. Bond investors demand higher rates when they believe inflation is rising, since that reduces the value of interest payments from bonds.
As for now, VA rates still remain attractive, and as summer approached they were below levels from twelve months ago. However, no one can be certain how long today's favorable conditions will be available. Many veteran homeowners now are eager to lock in the benefits of fixed-rate mortgage payments. If you plan on staying in your home for several years, this may be your best chance to obtain affordable payments which won't change while you live there.
The VA loan specialists at LowVARates.com will show you how different home loans would fit into your budget now, so that you can make an informed choice. Affordable payments allow you to enjoy your home a little more each day.
