Frequently Asked Questions
What are Virginia mortgage rates in 2026?
Virginia mortgage rates are currently 5.05% as of January 2026. The national average is 5.0%. Virginia is above the national average.
How do Virginia mortgage rates compare to other states?
Virginia mortgage rates of 5.05% compare to a national average of 5.0%. Rates vary by state based on local market conditions, legislation, and economic factors.
Where can I find the best mortgage rates in Virginia?
Compare quotes from at least 3 lenders — local banks, credit unions, and national lenders like Quicken or Better.com all serve Virginia borrowers.
Should I use a local or national lender for a Virginia mortgage?
Both have advantages. Local lenders in Virginia often know the local market and may close faster. National lenders (Quicken, Better, loanDepot) can offer competitive rates. Always compare at least 3 quotes before deciding.
Plan Your Home Purchase
Calculate your monthly payment and see how much house you can afford.