February 3, 2026 | VA Fixed Loan Rate Drops to 4.75% Today

On February 3, 2026, the 30-Year VA Fixed Purchase mortgage rate at Avadian stands at 5.25%, marking a decrease of 12.5 basis points compared to one week ago and a notable decline of 37.5 basis points relative to 30 days prior. This reduction lowers the cost of borrowing for eligible veterans and active-duty service members, enhancing affordability for new home purchases under this government-backed program. For members considering long-term stability, the fixed-rate structure provides predictable payments amid recent yield spread tightening. Veterans evaluating home financing options should consider locking in current rates to capitalize on these favorable trends. Additionally, assessing refinancing alternatives could be prudent if the savings outweigh associated costs. For details, visit https://www.avadiancu.com/Rates/Mortgage-Rates.

As of February 3, 2026, Federal VA Loans for purchase purposes show distinct yield patterns. The 15-year fixed VA loan remains steady at 5.125%, matching last week’s rate with no change in the cost of borrowing over 7 or 30 days. This product currently offers the lowest rate available, benefiting veterans seeking shorter-term commitments with predictable payments.

Conversely, the 30-year fixed VA loan increased by 12.5 basis points from 5.5% to 5.625% over the past week, while holding steady compared to a month ago. This rise slightly elevates long-term financing costs for buyers prioritizing extended terms and lower monthly payments.

Members should consider fixed-rate options for stability amid recent upward movement in longer terms. Evaluating refinancing may be prudent if projected savings surpass associated fees, particularly for those with existing VA mortgages close to current benchmarks.

For details, visit https://www.capitalcu.com/mortgage-rates.

As of February 3, 2026, 15-year VA Loans maintain the lowest fixed mortgage rate at 5.125%, unchanged over the past 7 and 30 days. Similarly, the 30-year VA Loan rate remains steady at 5.625%, reflecting no movement in yield spreads or cost of borrowing during this period. Stability in these government-backed VA loan rates benefits veterans and active-duty service members by preserving predictable monthly payments for both new purchases and refinancing needs. First-time homebuyers and those prioritizing long-term financial planning may find value in evaluating fixed-rate VA options to manage interest rate risk effectively. Given the current rate environment, members should consider their mortgage strategy carefully; specifically, assessing refinancing opportunities if projected savings outweigh associated costs can optimize financial outcomes.

For details, visit https://www.cu1.org/rates#real-estate-rates.

On February 3, 2026, 15-year fixed purchase mortgages saw a notable decline, with rates dropping by 11.5 basis points to 4.875%, now representing the lowest available rate among today’s options. This decrease reduces the overall cost of borrowing for members prioritizing shorter-term stability and accelerated principal repayment. Conversely, the 30-year fixed purchase mortgage rate held steady at 5.375%, unchanged over the past week but up 12.5 basis points compared to 30 days ago, indicating a slight increase in long-term yield spreads.

For members focused on affordability and payment predictability, locking in a 15-year fixed loan may offer cost efficiencies amid fluctuating rates. Those considering extended terms should monitor these rate trends carefully; incremental increases can affect cumulative interest expenses substantially. Evaluate your mortgage strategy accordingly, especially if refinancing can offset closing costs through lower rates or shorter durations.

For details, visit https://www.cuwest.org/borrowing/mortgages/purchasing-a-home.

As of February 3, 2026, VA 15-year Fixed and VA 30-year Fixed purchase mortgage rates remain steady at 5.0% and 5.5%, respectively. Both programs show no change over the past week or month, indicating stable yield spreads and consistent borrowing costs for veterans and eligible buyers. The VA 15-year Fixed option offers the lowest rate available today, which may benefit members prioritizing accelerated principal repayment with predictable payments. For those seeking longer-term stability, the unchanged VA 30-year Fixed rate maintains a consistent cost structure without recent fluctuations in basis points.

Members should consider these fixed-rate VA loans if they value payment certainty; veterans purchasing homes can leverage these rates without immediate cost increases. Evaluating your mortgage strategy in light of steady rates may help identify opportunities to lock in favorable terms or assess refinancing viability when future market shifts occur.

For details, visit https://www.ecu.com/personal-banking/home-loans/buy-a-home/#rates.

On February 3, 2026, VA 15-Year Fixed Purchase rates remain steady at 5.00%, showing no change over the past week or month. This stable rate offers a competitive option for veterans seeking shorter-term financing with predictable payments and potentially lower total interest costs. Conversely, the VA 30-Year Fixed Purchase rate increased by 12.5 basis points from last week to 5.625%, matching its level from 30 days ago. This rise slightly raises the cost of borrowing for longer-term loans, impacting affordability for buyers prioritizing lower monthly payments over loan duration.

Members evaluating mortgage choices should consider fixed-rate options like the 15-year VA fixed for rate stability and accelerated equity building. For those focusing on cash flow, monitoring fluctuations in the 30-year VA fixed rate is essential before committing. Assess refinancing opportunities carefully; if potential savings surpass associated costs, refinancing may reduce long-term expenses.

For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates.

As of February 3, 2026, the 15-year VA fixed-rate purchase mortgage remains stable at a competitive 5.125%, showing no change over the past week or month. This consistent rate supports veterans seeking shorter-term financing with predictable payments. Meanwhile, the 30-year VA fixed-rate purchase loan holds steady at 5.25%, down by 12.5 basis points compared to 30 days ago, reflecting a modest easing in long-term borrowing costs for veterans aiming to maximize affordability over time.

These yield spreads suggest minimal volatility in VA loan rates this period, benefiting members prioritizing cost certainty or longer amortization schedules. Veterans considering home purchases should evaluate their timelines and payment preferences carefully; the unchanged 15-year rate offers stability, while the slight dip in the 30-year rate may reduce total interest expense.

Members are encouraged to review their mortgage strategies accordingly, consider fixed-rate options for budget consistency or explore refinancing if projected savings exceed transaction costs. For details, visit https://www.macu.com/rates/home.

As of February 3, 2026, VA 15 Year Fixed Purchase loans are holding steady at 4.75% with 0.5 points, marking a 12.5 basis point decrease over the past 30 days. This reduction lowers the cost of borrowing for veterans seeking shorter-term financing, potentially increasing affordability and accelerating equity building. Meanwhile, the Military Choice 30 Year Fixed Purchase rate remains unchanged at 6.25% with 0.5 points, showing stability in long-term fixed options despite slight yield spread fluctuations earlier this year.

Members prioritizing predictable payments may find value in these fixed-rate programs; veterans especially benefit from the competitive VA 15 Year Fixed rate trend. Given current market conditions, consider evaluating refinancing opportunities if long-term savings exceed transaction costs, or explore fixed-rate options for budgeting certainty.

For details, visit https://www.navyfederal.org/loans-cards/mortgage/mortgage-rates.html.

As of February 3, 2026, POTLATCH NO. 1 FINANCIAL reports stable mortgage rates for fixed-rate purchase loans. The 15-Year Fixed purchase rate remains at 4.625%, unchanged over the past week and month, representing a consistent borrowing cost for buyers seeking shorter-term stability. Similarly, the 30-Year Fixed purchase rate holds steady at 5.25%, with no movement in yield spreads compared to both 7 and 30 days prior.

These unchanged rates suggest a stable interest environment; first-time buyers and those prioritizing predictable payments may find the current fixed options advantageous. Veterans or refinancing members should monitor market shifts but note that no new rate reductions are present today.

Members are advised to evaluate their mortgage strategy carefully, consider fixed-rate products if payment consistency is a priority, or assess refinancing only when potential savings outweigh associated costs.

For details, visit https://www.p1fcu.org/personal/mortgage-rates.

As of February 3, 2026, VA 15-Year Fixed Purchase loans offer the lowest rate at 4.875%, down 12.5 basis points from last week and stable compared to a month ago. This reduction slightly lowers the cost of borrowing for veterans seeking shorter-term financing, improving affordability without added upfront points. Meanwhile, the VA 30-Year Fixed Purchase rate decreased by 12.5 basis points over both the past week and month to 5.5%, reflecting a modest easing in long-term borrowing costs for those prioritizing lower monthly payments over loan duration.

These yield shifts suggest veterans and first-time buyers should evaluate fixed-rate options for predictable payments amid recent fluctuations. Members may also consider refinancing if projected savings exceed transaction costs, especially on longer terms.

For details, visit https://www.wecu.com/homeloans/purchase/.

As of February 3, 2026, U.S. mortgage rates show a slight decline for some jumbo loan products. The 15-Year Fixed Rate Jumbo is now at 6.232%, down by 2 basis points from yesterday and 14 basis points lower over the past week. Conversely, the 30-Year Fixed Rate Jumbo stands at 6.196%, reflecting a minimal decrease of 1 basis point in the last day and an overall drop of 45 basis points in the past month. Borrowers may find favorable conditions, particularly with the recent downward trend in rates, potentially reducing their overall cost of borrowing. Consider evaluating current rates to assess potential savings on new mortgage applications or refinances.

Inflation expectations, as indicated by the Breakeven Inflation Rates for 5-year and 10-year periods, play a crucial role in shaping mortgage rates and overall borrowing costs. Notably, the Mortgage 30Yr Jumbo Average Rates experienced a significant decline of 6.25 points in just one day, reflecting broader market adjustments to changing economic conditions. This trend continues with a total drop of 6.39 points over the past week and 6.47 points over the last month, emphasizing a potential easing in borrowing costs. The lowest mortgage rate currently recorded is 5.638% for the 30Yr VA Average Rates. Borrowers should closely monitor these fluctuations to make informed decisions regarding home financing options.

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