The U.S. Department of Veterans' Affairs (VA) issued 2,558 home loans totaling $775.8 million in Alabama during the second quarter of the fiscal year 2024, according to the Veterans' Affairs Home Loans Index.
As of August 2024, Alabama experienced a 21.3% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 20.3% increase.
There were 1,670 VA home purchase loans issued in Alabama in the second quarter of the fiscal year 2024 totaling $518.9 million, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Alabama in the second quarter of fiscal year 2024 was $310,741, according to the Veterans Affairs Home Loans Index.
The VA issued 392 Interest Rate Reduction Refinance Loans in Alabama during the second quarter of fiscal year 2024, according to the Veterans Affairs Home Loans Index.
The average VA home loan amount in Alabama during the second quarter of the fiscal year 2024 was $303,268, according to the Veterans Affairs Home Loans Index.
There were 1,670 VA home purchases in Alabama in the second quarter of the VA's fiscal year 2024, totaling $518.9 million in loans, according to figures provided by the Veterans Affairs Home Loans Index.
The first quarter brought in $1.2 billion in individual income tax revenue for Alabama, a 15.9% decrease from the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
The first quarter brought in $290 million in property tax revenue for Alabama, a 38.1% increase from the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Alabama ranked 13th in the nation in VA home loans in the second quarter of 2024, with 2,558 loans issued, according to the Veterans' Affairs Home Loans Index.
With $303,268 in home loans issued, Alabama ranked 37th in average loan amount for VA home loans in the second quarter of fiscal year 2024, according to the Veterans' Affairs Home Loans Index.
An analysis by Yellowhammer Times shows that, following President Biden's new Title IX protections in April 2024, which redefined “sex” to include “gender-identity,” Alabama is one of 25 states that ban boys from playing in girls' high school sports.
The U.S. Department of Veterans Affairs (VA) issued 2,558 home loans in Alabama, totaling $775.8 million, during the second quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.
The VA issued 392 Interest Rate Reduction Refinance Loans in Alabama during the second quarter of fiscal year 2024, compared to 50 loans the previous quarter, according to figures provided by the Veterans Affairs Home Loans Index.