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Yellowhammer Times

Wednesday, November 20, 2024

Local Government News

Local Government

VA provides 28.9% more home purchase loans in Alabama in Q3

There were 2,153 VA home purchases in Alabama in the third quarter of the VA's fiscal year 2024, totaling $691.2 million in loans, according to figures provided by the Veterans Affairs Home Loans Index.

By Yellowhammer Times | Nov 15, 2024

Local Government

Number of VA loans issued in Alabama increased by 205.6% from Q3 2023 to Q3 2024

The U.S. Department of Veterans Affairs (VA) issued 2,952 home loans in Alabama, totaling $929.5 million, during the third quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.

By Yellowhammer Times | Nov 12, 2024

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Local Government

VA issues fewer Interest Rate Reduction Refinance Loans in Alabama in Q3 vs. Q2 2024

By Yellowhammer Times | Nov 9, 2024

The VA issued 260 Interest Rate Reduction Refinance Loans in Alabama during the third quarter of fiscal year 2024, compared to 392 loans the previous quarter, according to figures provided by the Veterans Affairs Home Loans Index.

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Local Government

Average VA home loan amount in Alabama increases from 2022 to 2023

By Yellowhammer Times | Nov 8, 2024

The average VA loan amount for Alabama in the fiscal year 2023 was $300,809, according to the Veterans Affairs Home Loans Index.

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Local Government

VA provides 2,153 home purchase loans in Alabama in Q3

By Yellowhammer Times | Oct 28, 2024

There were 2,153 VA home purchase loans issued in Alabama in the third quarter of the fiscal year 2024 totaling $691.2 million, according to figures provided by the Veterans Affairs Home Loans Index.

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Local Government

VA provides 2,952 home loans in Alabama totaling $929.5 million in Q3

By Yellowhammer Times | Oct 19, 2024

The U.S. Department of Veterans' Affairs (VA) issued 2,952 home loans totaling $929.5 million in Alabama during the third quarter of the fiscal year 2024, according to the Veterans' Affairs Home Loans Index.

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Local Government

Alabama experiences higher inflation rate than national average as of September 2024

By Yellowhammer Times | Oct 16, 2024

As of September 2024, Alabama experienced a 21.8% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 20.5% increase.

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Local Government

Alabama receives $83.5 million in VA Interest Rate Reduction Refinance Loans during Q3

By Yellowhammer Times | Oct 16, 2024

The VA issued 260 Interest Rate Reduction Refinance Loans in Alabama during the third quarter of fiscal year 2024, according to the Veterans Affairs Home Loans Index.

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Local Government

Alabama ranks 35th in average VA home loan amount in 2023

By Yellowhammer Times | Oct 3, 2024

With $300,809 in issued loans, Alabama ranked 35th for the average amount of a VA home loan in 2023, according to figures provided by the Veteran Affairs Home Loans Index.

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Local Government

VA provides 2,558 home loans in Alabama totaling $775.8 million in Q2

By Yellowhammer Times | Sep 28, 2024

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.

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Local Government

Alabama sees inflation increase as of August 2024

By Yellowhammer Times | Sep 26, 2024

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.

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Local Government

VA provides 1,670 home purchase loans in Alabama in Q2

By Yellowhammer Times | Sep 25, 2024

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.

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Local Government

Alabama receives $123.2 million in VA Interest Rate Reduction Refinance Loans during Q2

By Yellowhammer Times | Sep 19, 2024

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.

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Local Government

VA provides 4.5% fewer home purchase loans in Alabama in Q2

By Yellowhammer Times | Sep 14, 2024

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.

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Local Government

Number of VA loans issued in Alabama increased by 10.6% from Q2 2023 to Q2 2024

By Yellowhammer Times | Sep 4, 2024

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.

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Local Government

VA issues more Interest Rate Reduction Refinance Loans in Alabama in Q2 vs. Q1 2024

By Yellowhammer Times | Sep 3, 2024

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.

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Local Government

Alabama inflation rate outpaces national average as of July 2024

By Yellowhammer Times | Aug 27, 2024

As of July 2024, Alabama experienced a 21.2% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 20.2% increase.

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Local Government

Average VA IRRRL loan amount in Alabama increases from Q1 to Q2

By Yellowhammer Times | Aug 9, 2024

The average VA interest rate reduction refinance loan (IRRRL) amount in Alabama during the second quarter of fiscal year 2024 was $314,379, according to figures provided by the Veterans Affairs Home Loans Index.

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Local Government

Alabama holds the 26th rank nationally for pension contributions in 2022

By Yellowhammer Times | Jul 1, 2024

Alabama received $2.6 million in public pension contributions, ranking it 26th in the United States in 2022, according to data obtained from the U.S. Census Bureau's Annual Survey of Public Pensions.

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Local Government

Inflation in Alabama outpaces national average as of June 2024

By Yellowhammer Times | Jul 1, 2024

As of June 2024, Alabama experienced a 21.1% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 20.1% increase.