VA mortgage rates
The current U.S. VA mortgage rate is 6.900% as of Oct 15, 2026, based on Optimal Blue rate-lock data published by FRED.
Down 14 basis points from Oct 14, 2026.
This national average covers locked 30-year fixed VA mortgages across the United States. VA loans serve eligible service members, veterans, and certain qualifying family members.
It is not an eligibility decision or a personal quote; lenders still price the borrower, property, loan, and fees individually.
Source
Optimal Blue / FRED
Measure
Locked-loan average
Data through
Oct 15, 2026
Latest 90 published observations for VA.
A crawlable record of the latest values, with each row compared with the prior valid observation.
High across 30 observations
7.130% · Oct 7, 2026
Low across 30 observations
6.402% · Sep 2, 2026
Net change since Sep 2, 2026
+50 bps
| Observation date | Rate | Change from prior observation |
|---|---|---|
| Oct 15, 2026 | 6.900% | −13 bps |
| Oct 14, 2026 | 7.035% | −8 bps |
| Oct 13, 2026 | 7.110% | −2 bps |
| Oct 9, 2026 | 7.129% | +4 bps |
| Oct 8, 2026 | 7.088% | −4 bps |
| Oct 7, 2026 | 7.130% | +5 bps |
| Oct 6, 2026 | 7.079% | −2 bps |
| Oct 5, 2026 | 7.100% | +6 bps |
| Oct 2, 2026 | 7.043% | +4 bps |
| Oct 1, 2026 | 7.005% | −8 bps |
Weekends, holidays, and missing observations are skipped. A basis point is 0.01 percentage point.
A reproducible $300,000 principal-and-interest illustration using each series' latest labeled observation.
The spread compares national 30-year locked-loan averages, not matched applicants. VA-backed loans generally do not require monthly mortgage insurance, but many borrowers pay a one-time funding fee unless an exemption applies. Lenders—not VA—set the interest rate, points, and most closing costs.
VA rate difference
39 bps below 30-Year Fixed
Comparison principal
$300,000
Payment measure
Principal + interest only
| Market series | Observation | Rate | Term | Est. monthly P&I | Est. full-term interest |
|---|---|---|---|---|---|
| VA | Oct 15, 2026 | 6.900% | 30 years | $1,976 | $411,288 |
| 30-Year Fixed | Oct 15, 2026 | 7.294% | 30 years | $2,055 | $439,976 |
The illustration excludes any VA funding fee, taxes, insurance, points, lender fees, and other closing costs.
Official eligibility and VA-backed home-loan information.
Official fee, exemption, and closing-cost guidance.
Market observations refresh automatically; the comparison is calculated from the labeled values above. Read the methodology.
The U.S. Department of Veterans Affairs guarantees part of an eligible VA loan, while a private lender originates it. Eligibility and property rules come from VA and lender documents.
Lender pricing, credit details, loan amount, points, lock period, and any applicable funding fee can vary even when two loans both use the VA program.
The page uses the Optimal Blue VA locked-loan index, usually published on the next business day, and displays the latest observation date.
Clear limits on what this number can tell you.
No. Eligibility and final pricing depend on VA rules and the lender's review of the specific loan.
The page shows a rate index, not an APR that combines every fee. Formal loan documents provide the applicable charges.
This national average covers locked conforming 30-year fixed mortgages across the United States. An individual lender quote depends on the borrower and loan details.
This national average covers locked 15-year fixed mortgages across the United States. A 15-year loan repays principal faster than a 30-year loan, so its rate and monthly-payment structure are different.
This national average covers locked 30-year fixed jumbo mortgages across the United States. Jumbo generally means the loan amount exceeds the conforming limit that applies in that year and location.
This national average covers locked 30-year fixed FHA mortgages across the United States. Approved lenders originate FHA loans, while the Federal Housing Administration insures them.