Not all veterans who use VA's refinancing program end up saving on payments; some take advantage of lower interest rates to shorten the term of their loan. (Stock/File) If you’re looking at reworking ...

If you have a VA loan and interest rates drop you can get always refinance your mortgage with what is known as a VA Interest Rate Reduction Refinance Loan (IRRRL). The IRRRL is a pretty good deal ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...

VA loans come with many benefits. They have low interest rates, they require no down payment or mortgage insurance, and they limit your closing costs, too. They’re also easy to refinance, thanks to ...

The benefits of a mortgage that’s backed by the Department of Veterans Affairs continue beyond the day your loan closes. You can lower your rate, tap into your home’s equity or even bring your ...

A veteran and servicemember streamlined refi program from NewDay USA has been launched to enable military families to lower their mortgage payments, while paying no appraisal fees and no out-of-pocket ...

The Federal Reserve may be signaling that they won’t continue to attempt to keep mortgage interest rates at their lowest point. A VA refinance loan at today’s rising rates may make sense for some ...

A refinance mortgage loan backed by the Department of Veterans Affairs, called a VA refi loan, is for current or former members of the armed services who would like to refinance their mortgage. A VA ...

VA funding fees for interest rate reduction loans would rise under a House proposal. (TimArbaev/Getty Images) House lawmakers passed a plan to create a new Veterans Affairs Department branch to focus ...

As home-sale prices continue to increase across the country, posts claiming Congress established a "generous mortgage relief program" for veterans have surfaced on social media. The claim follows ...