The U.S. Department of Veterans' Affairs (VA) issued 2,898 home loans totaling $1.4 billion in Washington during the fourth quarter of the fiscal year 2023, according to the Veterans' Affairs Home Loans Index.
The average VA Purchase Loan amount for Washington in the fourth quarter of fiscal year 2023 was $502,937, according to figures provided by the Veterans Affairs Home Loans Index
The average VA loan amount in Washington during the fourth quarter of the fiscal year 2023 was $487,517, according to the Veterans Affairs Home Loans Index.
The average VA home loan amount in Washington during the fourth quarter of the fiscal year 2023 was $487,517, a 0.4% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.
With $487,517 in home loans issued, Washington State ranked eighth in average loan amount for VA home loans in the fourth quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.
The average VA Purchase Loan amount for Washington in the fourth quarter of fiscal year 2023 was $502,937, according to figures provided by the Veterans Affairs Home Loans Index.
The number of VA purchase loans in Washington for 2023 was 8,297 and totaled $4.1 billion, according to figures provided by the Veterans Affairs Home Loans Index.
The VA issued 10,609 Interest Rate Reduction Refinance Loans in Washington during the 2023 fiscal year, totaling $5.1 billion, according to figures provided by the Veterans Affairs Home Loans Index.
As of January 2024, Washington experienced a 17.6% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 17.9% increase.