VA Loan Rates Rise to 6.75% Despite Zero-Down Features
VA loan rates increased to 6.75% on September 21, 2026. These loans require no down payment and waive private mortgage insurance.
Key points
- The 30-year fixed VA loan rate is 6.75% as of September 21, 2026.
- VA loans require zero down payment and waive private mortgage insurance requirements.
- Navy Federal Credit Union offers a 250 dollar fee for lowering mortgage rates.
The 30-year fixed VA loan rate rose to 6.75% on September 21, 2026. This increase follows a slight uptick from the previous trading day.
Data from Optimal Blue shows this rate slightly exceeds Thursday's average. The index tracks locked rates from a third of U.S. mortgage providers.
Zero Down Payment Features
VA loans require no down payment for eligible veterans and active service members. Borrowers also avoid private mortgage insurance costs entirely.
These terms make VA loans attractive for buyers with limited savings. Interest rates remain lower than comparable conventional mortgage products.
Lenders Offer Distinct Service Perks
Veterans United provides free credit counseling to improve applicant scores before application. The lender also maintains a 24/7 customer support phone line.
Navy Federal Credit Union often offers rates below the industry average. It charges a flat 250 dollar fee for rate reduction options.
Digital Platforms Simplify Application
Rocket Mortgage allows borrowers to manage loans entirely through its digital platform. Users can complete portions of the closing process remotely.
The company offers closing credits for users who select partner real estate agents. This reduces out-of-pocket costs at the time of closing.
