With $311,084 in home loans issued, Alabama ranked 37th 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 VA issued 10,747 Interest Rate Reduction Refinance Loans in Alabama during the 2023 fiscal year, totaling $3.2 billion, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Alabama in the fourth quarter of fiscal year 2023 was $320,410, according to figures provided by the Veterans Affairs Home Loans Index.
The number of VA purchase loans in Alabama for 2023 was 8,271 and totaled $2.6 billion, according to figures provided by the Veterans Affairs Home Loans Index.
As of January 2024, Alabama experienced an 18.1% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 17.9% increase.
Agriculture Commissioner Rick Pate (R) joined eleven other state agricultural commissioners in signing a letter to six of the largest banks in the country in protest of their climate guidelines which would restrict and harm agricultural businesses and farmers.
Attorney General of Alabama Steve Marshall (R) joined more than two dozen state attorneys general in signing a letter to President Joe Biden and Homeland Security Security Aljandro Mayorkas in support of “Governor Abbott’s efforts to secure our border.”
The U.S. Department of Veterans Affairs (VA) issued 2,844 home loans totaling $884.7 million in Alabama during the fourth quarter of the fiscal year 2023, according to figures provided by the Veterans Affairs Home Loans Index.
The VA’s Interest Rate Reduction Refinance Loans in Alabama for the fourth quarter of the fiscal year 2023 averaged $281,683, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Alabama in the third quarter of fiscal year 2023 was $328,970, according to figures provided by the Veterans Affairs Home Loans Index
Alabama collected $23 million in miscellaneous tax revenue during the fourth quarter of 2023, a 28.1% decrease from the same period the previous year when $32 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.