VA 30-Year mortgage rates
VA 30-year average 6.71% · Optimal Blue OBMMI · Nov 5, 2026
VA rates are typically among the lowest of any program because the VA guarantees part of the loan. The rate leaves out the one-time funding fee, which most borrowers finance, so the balance and payment start a little higher than price minus down payment.
VA 30-Year mortgage rates: chart & history
Over the past 52 weeks the VA 30-year average ranged from 5.53% (Feb 27, 2026) to 7.13% (Oct 9, 2026); today's 6.71% is 0.42 percentage points below the high. Weekly readings of Optimal Blue's daily index of rates lenders actually locked, with the conforming 30-year from the same index for comparison — from the last 30 days to 5 years.
- Now
- 6.71%
- Nov 5, 2026
- 1 week ago
- 6.76%
- −0.05 pts
- 1 month ago
- 7.13%
- −0.42 pts
- 1 year ago
- 5.80%
- +0.91 pts
VA 30-Year: Optimal Blue OBMMI (rates lenders locked), weekly. National series.
What a VA loan really costs each month
A $400,000 home with no down payment at today's 6.71% VA average, first-time use:
| Amount | |
|---|---|
| Funding fee (2.15%, financed) | $8,600 |
| Loan amount | $408,600 |
| Principal & interest | $2,639/mo |
| Monthly mortgage insurance | $0 |
| Cost of financing the fee | $56/mo |
Veterans receiving VA disability compensation pay no funding fee. Putting 10% down cuts the fee to 1.25%.
Is my VA 30-year rate competitive?
Enter the rate from your quote or Loan Estimate. It's compared with today's national average of rates lenders actually locked for this program (Optimal Blue) and that average's 52-week range. The index mixes borrowers of every credit score and down payment, so treat it as a yardstick, not a promise.
An example rate is filled in — replace it with yours. Government-backed loans don’t carry Fannie Mae’s credit-score price adjustments, so there is no score field here.
In line with the average lenders locked for this program, within the normal spread between lenders.
Shaded: the average's 52-week range, 5.53%–7.13%.
- Your payment
- $2,628/mo
- principal & interest at 6.875%
- At today's average
- $2,584/mo
- VA 30-year average, 6.71%
- 5 years of payments
- +$2,637
- $44 a month more than at the average
Have quotes from several lenders? Compare up to three side by side — payment, cash up front, APR and when points pay back.
A one-time VA funding fee — waived for veterans with a service-connected disability rating — replaces mortgage insurance. Even financed into the loan, the VA structure typically beats FHA and conventional on total cost, which is reflected in its high nationwide approval rate.
Lender experience varies widely, so ask directly how many VA loans a loan officer closes; appraisal and eligibility rules reward specialists.
VA 30-Year rate FAQ
What is the current VA 30-year rate?
The national average VA 30-year rate is about 6.71% (Optimal Blue OBMMI, Nov 5, 2026). On a $400,000 loan that works out to roughly $2,584 a month in principal and interest over 30 years.
Averages assume a well-qualified borrower; your quote depends on credit, down payment and lender.
What is a good VA 30-year mortgage rate right now?
A quote at or below today's 6.71% average is a good VA 30-year rate — that's Optimal Blue's index of rates lenders actually locked (Nov 5, 2026), across borrowers of every credit score and down payment. Over the past 52 weeks it ranged from 5.53% to 7.13%.
Quotes for the same borrower routinely differ by a quarter point or more between lenders, so a rate within about 0.25 percentage points of the average is competitive; much more than that is worth questioning. Test yours in the rate check above.
Is the VA funding fee included in the rate?
No. The funding fee is a separate one-time charge. At 2.15% on a $400,000 no-down loan it is $8,600; financed at 6.71%, it adds about $56 to the monthly payment. There is no monthly mortgage insurance on a VA loan.
Why is my quoted rate different from the average?
National averages assume strong credit, a solid down payment and a single-family primary home. Lower scores, smaller down payments, condos, second homes and cash-out all add pricing adjustments, so the average is a benchmark for judging quotes, not a promise.
Rates shown are national weekly averages for general guidance, not an offer or personalized quote. Payment figures are principal and interest, plus mortgage insurance or program fees only where a row says so; property tax and homeowners insurance are not included. Confirm current pricing with a licensed lender.