Fredericksburg VA Loan Rates, Closing Costs & Stats

Fredericksburg, TX

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

    The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

    For additional benefits of VA loans, click here.

    Fredericksburg's 14 lenders originated 18 VA loans during 2023. The total origination value was $7,760,000, with an average VA loan value of $431,111.

    Fredericksburg VA Loans, 30 Year Fixed Rates

    30 Year VA mortgages in Fredericksburg averaged 6.9% for the week of 2025-02-14, compared to the national average (all VA variants) of 6.428% for the same period.

    Fredericksburg's average VA mortgage closing costs are $8,358.

    The average rate for the prior week (2025-02-07) was 6.44% and one month ago for the week of 2025-01-10, the average rate was 6.87%.

    The average rate one year ago was 6.5%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.33%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Fredericksburg VA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Fredericksburg level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Mortgage Research Center, LLC 3 6.50% $12,057
    UNITED WHOLESALE MORTGAGE, LLC 2 7.13% $2,174
    PENNYMAC LOAN SERVICES, LLC 2 5.63% $11,847
    GUARANTEED RATE, INC. 1 6.75% $4,367
    GUILD MORTGAGE COMPANY 1 7.13% $21,455
    LOANDEPOT.COM, LLC 1 6.25% $13,988
    LOANPEOPLE, LLC 1 6.75% $34,552
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $18,660
    NAVY FEDERAL CREDIT UNION 1 4.25% $19,695
    AMCAP MORTGAGE, LTD. 1 6.75% $7,848
    Plains Commerce Bank 1 6.63% $15,164
    QUICKEN LOANS, LLC 1 7.63% $4,041
    SWBC MORTGAGE CORPORATION 1 6.13% $17,575
    Armed Forces Bank 1 5.25% $15,448

    The top Fredericksburg VA lender as defined by loan originations is Mortgage Research Center, LLC, with 3 VA loans originated. Their average total fees are $12,057, which is $9,883 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Fredericksburg VA lenders (with over 10 loans originated) are .

    The lowest rate Fredericksburg VA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Fredericksburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $499,500 (-9.0%) $759,870 (-11.2%) 0.00 231
    2018-02-01 $499,475 (-9.9%) $759,679 (-11.8%) 0.00 234
    2018-03-01 $499,000 (-10.8%) $732,758 (-15.4%) 0.00 255
    2018-04-01 $499,250 (-13.0%) $749,585 (-12.0%) 0.00 260
    2018-05-01 $495,000 (-13.2%) $738,762 (-14.8%) 0.00 268
    2018-06-01 $502,000 (-12.6%) $738,633 (-7.1%) 0.00 265
    2018-07-01 $505,000 (-14.3%) $744,786 (-6.1%) 0.00 257
    2018-08-01 $517,250 (-6.0%) $765,735 (1.0%) 0.00 254
    2018-09-01 $545,000 (3.8%) $788,414 (2.1%) 0.00 253
    2018-10-01 $549,000 (0.2%) $782,365 (0.7%) 0.00 249
    2018-11-01 $534,213 (1.8%) $779,484 (3.0%) 0.00 243
    2018-12-01 $517,000 (-5.8%) $794,994 (5.0%) 0.00 238
    2019-01-01 $530,138 (6.1%) $802,674 (5.6%) 0.00 219
    2019-02-01 $525,000 (5.1%) $776,257 (2.2%) 0.00 219
    2019-03-01 $543,436 (8.9%) $797,595 (8.9%) 0.00 219
    2019-04-01 $549,675 (10.1%) $806,167 (7.6%) 0.00 224
    2019-05-01 $590,000 (19.2%) $824,473 (11.6%) 0.00 230
    2019-06-01 $550,000 (9.6%) $802,818 (8.7%) 0.00 233
    2019-07-01 $529,250 (4.8%) $770,269 (3.4%) 0.00 229
    2019-08-01 $517,123 (0.0%) $759,958 (-0.8%) 0.00 245
    2019-09-01 $512,807 (-5.9%) $775,382 (-1.7%) 0.00 258
    2019-10-01 $517,705 (-5.7%) $787,804 (0.7%) 0.00 265
    2019-11-01 $504,750 (-5.5%) $768,059 (-1.5%) 0.00 260
    2019-12-01 $504,500 (-2.4%) $827,787 (4.1%) 0.00 243
    2020-01-01 $501,750 (-5.4%) $774,267 (-3.5%) 0.00 210
    2020-02-01 $571,750 (8.9%) $857,867 (10.5%) 0.00 210
    2020-03-01 $601,917 (10.8%) $913,668 (14.6%) 0.00 212
    2020-04-01 $598,500 (8.9%) $906,214 (12.4%) 0.00 239
    2020-05-01 $599,450 (1.6%) $895,073 (8.6%) 0.00 237
    2020-06-01 $599,725 (9.0%) $893,551 (11.3%) 0.00 231
    2020-07-01 $646,000 (22.1%) $920,045 (19.4%) 0.00 203
    2020-08-01 $649,000 (25.5%) $889,790 (17.1%) 0.00 188
    2020-09-01 $646,500 (26.1%) $878,246 (13.3%) 0.00 173
    2020-10-01 $675,000 (30.4%) $996,236 (26.5%) 0.00 161
    2020-11-01 $686,000 (35.9%) $1,018,178 (32.6%) 0.00 153
    2020-12-01 $733,625 (45.4%) $1,132,428 (36.8%) 0.00 128
    2021-01-01 $750,000 (49.5%) $1,151,385 (48.7%) 0.00 99
    2021-02-01 $845,875 (47.9%) $1,211,104 (41.2%) 0.00 87
    2021-03-01 $833,725 (38.5%) $1,144,779 (25.3%) 0.00 84
    2021-04-01 $905,750 (51.3%) $1,316,591 (45.3%) 0.00 64
    2021-05-01 $888,000 (48.1%) $1,282,568 (43.3%) 0.00 61
    2021-06-01 $863,000 (43.9%) $1,375,589 (54.0%) 0.00 75
    2021-07-01 $795,000 (23.1%) $1,202,409 (30.7%) 0.00 101
    2021-08-01 $777,000 (19.7%) $1,289,469 (44.9%) 0.00 100
    2021-09-01 $792,000 (22.5%) $1,311,139 (49.3%) 0.00 117
    2021-10-01 $824,500 (22.2%) $1,334,584 (34.0%) 0.00 109
    2021-11-01 $897,000 (30.8%) $1,456,466 (43.1%) 0.00 92
    2021-12-01 $905,475 (23.4%) $1,439,914 (27.2%) 0.00 89
    2022-01-01 $969,000 (29.2%) $1,513,533 (31.5%) 0.00 78
    2022-02-01 $1,058,375 (25.1%) $1,571,633 (29.8%) 0.00 70
    2022-03-01 $1,147,500 (37.6%) $1,680,475 (46.8%) 0.00 69
    2022-04-01 $1,175,000 (29.7%) $1,700,719 (29.2%) 0.00 75
    2022-05-01 $934,500 (5.2%) $1,471,508 (14.7%) 0.00 101
    2022-06-01 $881,000 (2.1%) $1,375,632 (0.0%) 0.00 130
    2022-07-01 $775,000 (-2.5%) $1,189,636 (-1.1%) 0.00 148
    2022-08-01 $754,375 (-2.9%) $1,191,125 (-7.6%) 0.00 164
    2022-09-01 $743,125 (-6.2%) $1,155,068 (-11.9%) 0.00 165
    2022-10-01 $722,250 (-12.4%) $1,146,411 (-14.1%) 0.00 178
    2022-11-01 $704,350 (-21.5%) $1,213,636 (-16.7%) 0.00 183
    2022-12-01 $698,000 (-22.9%) $1,265,001 (-12.2%) 0.00 184
    2023-01-01 $695,000 (-28.3%) $1,274,315 (-15.8%) 0.00 185
    2023-02-01 $777,500 (-26.5%) $1,306,078 (-16.9%) 0.00 196
    2023-03-01 $774,000 (-32.6%) $1,295,477 (-22.9%) 0.00 223
    2023-04-01 $799,000 (-32.0%) $1,285,910 (-24.4%) 0.00 237
    2023-05-01 $817,350 (-12.5%) $1,337,579 (-9.1%) 0.00 250
    2023-06-01 $824,700 (-6.4%) $1,353,336 (-1.6%) 0.00 257
    2023-07-01 $798,000 (3.0%) $1,347,498 (13.3%) 0.00 270
    2023-08-01 $779,000 (3.3%) $1,289,250 (8.2%) 0.00 279
    2023-09-01 $795,000 (7.0%) $1,249,058 (8.1%) 0.00 302
    2023-10-01 $800,500 (10.8%) $1,280,004 (11.7%) 0.00 302
    2023-11-01 $799,000 (13.4%) $1,251,188 (3.1%) 0.00 313
    2023-12-01 $799,000 (14.5%) $1,225,553 (-3.1%) 0.00 288
    2024-01-01 $799,000 (15.0%) $1,280,462 (0.5%) 0.00 255
    2024-02-01 $798,000 (2.6%) $1,294,648 (-0.9%) 0.00 274
    2024-03-01 $827,000 (6.9%) $1,307,979 (1.0%) 0.00 285
    2024-04-01 $840,875 (5.2%) $1,302,482 (1.3%) 0.00 307
    2024-05-01 $829,700 (1.5%) $1,295,422 (-3.2%) 0.00 315
    2024-06-01 $799,250 (-3.1%) $1,332,622 (-1.5%) 0.00 369
    2024-07-01 $799,899 (0.2%) $1,396,454 (3.6%) 0.00 398
    2024-08-01 $813,667 (4.5%) $1,403,670 (8.9%) 0.00 381
    2024-09-01 $839,950 (5.7%) $1,412,019 (13.1%) 0.00 379
    2024-10-01 $847,500 (5.9%) $1,475,853 (15.3%) 0.00 392
    2024-11-01 $845,000 (5.8%) $1,485,234 (18.7%) 0.00 395
    2024-12-01 $850,000 (6.4%) $1,495,669 (22.0%) 0.00 370
    2025-01-01 $812,225 (1.7%) $1,360,274 (6.2%) 0.00 334
    Fredericksburg's median listing price for 2025-01-01 was $812,225, a difference of $13,225 (1.7%) versus the prior year and $-37,775 versus the prior month.

    Fredericksburg's median listing price comes in at 0% of the national average.

    Fredericksburg's average listing price for 2025-01-01 was $1,360,274, a difference of $79,812 (6.2%) versus the prior year and $-135,395 versus the prior month.

    For the 2025-01-01 period, Fredericksburg had 334 MLS listings, a difference of -36 listings (-10%) versus the prior month and 79 listings (31%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fredericksburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,238 sqft
    2018-02-01 0 days 2,258 sqft
    2018-03-01 0 days 2,229 sqft
    2018-04-01 0 days 2,326 sqft
    2018-05-01 0 days 2,329 sqft
    2018-06-01 0 days 2,325 sqft
    2018-07-01 0 days 2,337 sqft
    2018-08-01 0 days 2,313 sqft
    2018-09-01 0 days 2,335 sqft
    2018-10-01 0 days 2,279 sqft
    2018-11-01 0 days 2,255 sqft
    2018-12-01 0 days 2,227 sqft
    2019-01-01 0 days 2,191 sqft
    2019-02-01 0 days 2,145 sqft
    2019-03-01 0 days 2,116 sqft
    2019-04-01 0 days 2,036 sqft
    2019-05-01 0 days 2,032 sqft
    2019-06-01 0 days 2,001 sqft
    2019-07-01 0 days 1,946 sqft
    2019-08-01 0 days 1,942 sqft
    2019-09-01 0 days 1,951 sqft
    2019-10-01 0 days 1,959 sqft
    2019-11-01 0 days 1,969 sqft
    2019-12-01 0 days 2,017 sqft
    2020-01-01 0 days 2,030 sqft
    2020-02-01 0 days 2,135 sqft
    2020-03-01 0 days 2,214 sqft
    2020-04-01 0 days 2,221 sqft
    2020-05-01 0 days 2,246 sqft
    2020-06-01 0 days 2,245 sqft
    2020-07-01 0 days 2,256 sqft
    2020-08-01 0 days 2,317 sqft
    2020-09-01 0 days 2,243 sqft
    2020-10-01 0 days 2,231 sqft
    2020-11-01 0 days 2,216 sqft
    2020-12-01 0 days 2,470 sqft
    2021-01-01 0 days 2,484 sqft
    2021-02-01 0 days 2,560 sqft
    2021-03-01 0 days 2,710 sqft
    2021-04-01 0 days 2,800 sqft
    2021-05-01 0 days 2,619 sqft
    2021-06-01 0 days 2,287 sqft
    2021-07-01 0 days 2,175 sqft
    2021-08-01 0 days 2,082 sqft
    2021-09-01 0 days 2,081 sqft
    2021-10-01 0 days 2,187 sqft
    2021-11-01 0 days 2,327 sqft
    2021-12-01 0 days 2,354 sqft
    2022-01-01 0 days 2,399 sqft
    2022-02-01 0 days 2,612 sqft
    2022-03-01 0 days 2,610 sqft
    2022-04-01 0 days 2,668 sqft
    2022-05-01 0 days 2,052 sqft
    2022-06-01 0 days 2,018 sqft
    2022-07-01 0 days 1,976 sqft
    2022-08-01 0 days 1,980 sqft
    2022-09-01 0 days 2,000 sqft
    2022-10-01 0 days 2,001 sqft
    2022-11-01 0 days 2,036 sqft
    2022-12-01 0 days 2,019 sqft
    2023-01-01 0 days 2,019 sqft
    2023-02-01 0 days 2,049 sqft
    2023-03-01 0 days 2,050 sqft
    2023-04-01 0 days 2,082 sqft
    2023-05-01 0 days 2,155 sqft
    2023-06-01 0 days 2,187 sqft
    2023-07-01 0 days 2,190 sqft
    2023-08-01 0 days 2,199 sqft
    2023-09-01 0 days 2,221 sqft
    2023-10-01 0 days 2,210 sqft
    2023-11-01 0 days 2,194 sqft
    2023-12-01 0 days 2,177 sqft
    2024-01-01 0 days 2,120 sqft
    2024-02-01 0 days 2,138 sqft
    2024-03-01 0 days 2,154 sqft
    2024-04-01 0 days 2,180 sqft
    2024-05-01 0 days 2,204 sqft
    2024-06-01 0 days 2,206 sqft
    2024-07-01 0 days 2,226 sqft
    2024-08-01 0 days 2,206 sqft
    2024-09-01 0 days 2,196 sqft
    2024-10-01 0 days 2,261 sqft
    2024-11-01 0 days 2,253 sqft
    2024-12-01 0 days 2,259 sqft
    2025-01-01 0 days 2,207 sqft
    Fredericksburg's median listing age (time on market) for 2025-01-01 was 0 days.

    Fredericksburg's median square footage for active listings during the 2025-01-01 period was 2,207 sqft. One year prior, the average listing was 2,120 sqft.

    VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.