The U.S. Department of Veterans Affairs (VA) issued 2,303 home loans totaling $688.2 million in Alabama during the first quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.
The VA’s Interest Rate Reduction Refinance Loans in Alabama for the first quarter of the fiscal year 2024 averaged $292,161, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Alabama in the first quarter of fiscal year 2024 was $309,223, according to figures provided by the Veterans Affairs Home Loans Index.
The third quarter of 2023 brought in $1.4 billion in individual income tax revenue for Alabama, a 2.5% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
As of March 2024, Alabama experienced a 20% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 19.4% increase.
The average VA home loan amount in Alabama during the first quarter of the fiscal year 2024 was $298,842, according to the Veterans Affairs Home Loans Index.
Alabama collected $210 million in property taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Alabama collected $153 million in license taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
There were 2,267 VA home purchases in Alabama in the fourth quarter of the VA's fiscal year 2023, totaling $726.4 million in loans, according to figures provided by the Veterans Affairs Home Loans Index.
There were 2,267 VA home purchase loans issued in Alabama in the fourth quarter of the fiscal year 2023 totaling $726.4 million, according to figures provided by the Veterans Affairs Home Loans Index.