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Old Dominion News

Tuesday, January 28, 2025

News from October 2024

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Average VA IRRRL loan amount in Virginia increases from Q2 to Q3

By Old Dominion News | Oct 31, 2024

The average VA Interest Rate Reduction Refinance Loan (IRRRL) amount in Virginia during the third quarter of fiscal year 2024 was $413,796, according to figures provided by the Veterans Affairs Home Loans Index.

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VA provides 5,224 home purchase loans in Virginia in Q3

By Old Dominion News | Oct 28, 2024

There were 5,224 VA home purchase loans issued in Virginia in the third quarter of the fiscal year 2024 totaling $2.5 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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Virginia ranks 4th in total VA home loans during Q3

By Old Dominion News | Oct 25, 2024

Virginia ranked fourth in the nation in VA home loans in the third quarter of 2024, with 6,699 loans issued, according to the Veterans' Affairs Home Loans Index.

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Virginia ranked 10th in average VA home loan amount in Q3

By Old Dominion News | Oct 22, 2024

With $456,740 in home loans issued, Virginia ranked 10th in average loan amount for VA home loans in the third quarter of fiscal year 2024, according to the Veterans' Affairs Home Loans Index.

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VA provides 6,699 home loans in Virginia totaling $3.1 billion in Q3

By Old Dominion News | Oct 19, 2024

The U.S. Department of Veterans' Affairs (VA) issued 6,699 home loans totaling $3.1 billion in Virginia during the third quarter of the fiscal year 2024, according to the Veterans' Affairs Home Loans Index.

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

By Old Dominion News | Oct 16, 2024

As of September 2024, Virginia 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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Virginia receives $230.9 million in VA Interest Rate Reduction Refinance Loans during Q3

By Old Dominion News | Oct 16, 2024

The VA issued 558 Interest Rate Reduction Refinance Loans in Virginia during the third quarter of fiscal year 2024, according to the Veterans Affairs Home Loans Index.

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Average cost of college went up for students in Virginia in 2022-23 school year

By Old Dominion News | Oct 15, 2024

College tuition fees rose 2.1% in Virginia in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

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Property tax revenue up 2,100% from previous quarter in Virginia

By Old Dominion News | Oct 14, 2024

The second quarter brought in $44 million in property tax revenue for Virginia, a 2,100% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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Gov. Youngkin: DOJ Lawsuit is a ‘desperate attempt to interfere in our Elections'

By Old Dominion News | Oct 14, 2024

Virginia Gov. Glenn Youngkin said the Biden-Harris Department of Justice is engaging in political interference by filing a lawsuit against the Commonwealth of Virginia over the enforcement of a 2006 voter roll law. The lawsuit, filed less than a month before the November election, challenges Virginia's process of removing noncitizens from voter rolls, a move Youngkin described as a “desperate attempt” to undermine the state's election integrity.

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VA Purchase Loans in Virginia average $476,182 for Q3

By Old Dominion News | Oct 13, 2024

The average VA Purchase Loan amount for Virginia in the third quarter of fiscal year 2024 was $476,182, according to the Veterans Affairs Home Loans Index.

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Which type of Virginia companies were inspected the most by FDA in Q3?

By Old Dominion News | Oct 12, 2024

The U.S. Food and Drug Administration (FDA) conducted five inspections at five Biologics companies from Virginia in the third quarter of 2024.

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Virginia: Drugs companies were the least FDA inspected companies in Virginia in Q3

By Old Dominion News | Oct 11, 2024

The U.S. Food and Drug Administration (FDA) conducted an inspection at one Drugs company from Virginia in the third quarter of 2024.

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VA home loan amount averages $456,740 in Virginia for Q3

By Old Dominion News | Oct 10, 2024

The average VA home loan amount in Virginia during the third quarter of the fiscal year 2024 was $456,740, according to the Veterans Affairs Home Loans Index.

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Airline Trade Group: Policymakers should ‘ensure unnecessary regulation doesn’t eliminate’ credit card reward programs for Virginians

By Old Dominion News | Oct 8, 2024

Marli Collier, managing director of Airlines 4 America (A4A), said policymakers should protect credit card travel reward programs from “unnecessary regulations,” as the U.S. Senate now considers two bills that could impact such programs for Virginia residents.

FOIA Request Sent to Virginia Bureau of Financial Institutions Regarding Complaints Involving Self-Help Credit Union on October 8, 2024

By Old Dominion News | Oct 8, 2024

A Freedom of Information Act (FOIA) request was sent to the Virginia Bureau of Financial Institutions regarding all complaints mentioning or involving Self-Help Credit Union on October 8, 2024.

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VA’s Interest Rate Reduction Refinance Loans in Virginia average $413,796 for Q3

By Old Dominion News | Oct 7, 2024

The VA’s Interest Rate Reduction Refinance Loans in Virginia for the third quarter of the fiscal year 2024 averaged $413,796, according to the Veterans Affairs Home Loans Index.

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Analysis: Virginia one of 25 states allowing boys to play girls’ high school sports

By Old Dominion News | Oct 6, 2024

As President Biden revealed new rules regarding Title IX protections in April of 2024, which redefined “sex” to include “gender-identity,” an analysis by Old Dominion News shows that Virginia is one of 25 states that allow boys to play in girls’ high school sports.

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VA Purchase Loans in Virginia average $433,121 for Q2

By Old Dominion News | Oct 4, 2024

The average VA Purchase Loan amount for Virginia in the second quarter of fiscal year 2024 was $433,121, according to the Veterans Affairs Home Loans Index.

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Virginia ranks 10th in average VA home loan amount in 2023

By Old Dominion News | Oct 3, 2024

With $417,769 in issued loans, Virginia ranked 10th for the average amount of a VA home loan in 2023, according to figures provided by the Veteran Affairs Home Loans Index.