The U.S. Department of Veterans' Affairs (VA) issued 1,226 home loans totaling $328.4 million in Louisiana during the fourth quarter of the fiscal year 2023, according to the Veterans' Affairs Home Loans Index.
The average VA loan amount in Louisiana during the fourth quarter of the fiscal year 2023 was $267,835, according to the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Louisiana in the fourth quarter of fiscal year 2023 was $270,858, according to figures provided by the Veterans Affairs Home Loans Index
The U.S. Department of Veterans Affairs (VA) issued 4,901 home loans totaling $1.3 billion in Louisiana during the fiscal year 2023, according to the Veterans Affairs Home Loans Index.
The average VA home loan amount in Louisiana during the fourth quarter of the fiscal year 2023 was $267,835, a 2.3% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.
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With $267,835 in home loans issued, Louisiana ranked 51st 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 number of VA purchase loans in Louisiana for 2023 was 4,081 and totaled $1.1 billion, according to figures provided by the Veterans Affairs Home Loans Index.
The VA issued 4,901 Interest Rate Reduction Refinance Loans in Louisiana during the 2023 fiscal year, totaling $1.3 billion, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Louisiana in the fourth quarter of fiscal year 2023 was $270,858, according to figures provided by the Veterans Affairs Home Loans Index.
As of January 2024, Louisiana experienced a 19% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 17.9% increase.