What are current refinance rates in Williamsburg?

Today's refinance rates in Williamsburg start at 6.976% for qualified borrowers. Rates are updated daily using live investor pricing data from Safe Rate's pricing engine.

Mortgage Refinance Rates — who qualifies in Williamsburg?

Rate/term and cash-out refinance options including FHA Streamline and VA IRRRL. Updated daily.

What are current mortgage rates in Williamsburg City?

As of today, a standard conventional rate in Williamsburg City is 6.976% (APR 7.001%) for a 30-year fixed loan. This assumes a 20% down payment and a 740+ credit score. Rates are updated daily using Safe Rate's live pricing engine.

How much does a home cost in Williamsburg City?

The average home value in Williamsburg City is $496,785, with +21.5% appreciation over the past two years. At a 6.9x price-to-income ratio, buyers typically need to stretch beyond standard guidelines.

What is the typical monthly mortgage payment in Williamsburg City?

Based on the average home value with a standard conventional loan, the estimated principal and interest payment is $2,285/mo. Total PITI costs will also include property taxes ($2,297/yr locally), homeowners insurance (est. $150/mo), and any applicable mortgage insurance.

How do I qualify for a mortgage?

Conventional loans typically require a 620+ credit score and 3–20% down. With 20% down you avoid PMI. FHA loans are available with as little as 3.5% down and a 580+ credit score. VA loans offer 0% down for eligible veterans. Requirements vary by loan program. Contact a licensed loan officer for guidance specific to your situation.

How are these mortgage rates calculated?

Safe Rate's pricing engine ingests live investor rate sheets daily and calculates the best available rate for each scenario based on Williamsburg City's median home value, local loan limits, and FHFA market data. Rates shown represent the most competitive offer available for each scenario, not a rate lock or commitment.

Safe Rate Local

Mortgage Rates in Williamsburg, VA

6.976%APR 7.001% · $2,285/mo (20% Down)

Updated daily · May 22, 2026+0.457% (14d)

Safe Rate Choice20% Down Conv.

← Back to Williamsburg Hub

14-Day Rate Trend

↑ +0.457%

LO 6.519%HI 6.976%TODAY 6.976%

Product	Key Attributes	Rate / APR ↑	Mo. Payment ↕	Points
15-Year Refi 15-year fixed refinance	0% Down740 FICO15-yr	6.138% 6.176% APR	$2,594 Principal & Interest	$0 Points
FHA Streamline FHA streamline refinance +$190/mo MI	0% Down640 FICO30-yr	6.364% 7.129% APR	$2,633 Principal & Interest	$0 Points
VA Cash-Out VA cash-out refinance	0% Down640 FICO30-yr	6.408% 6.776% APR	$2,686 Principal & Interest	$0 Points
VA IRRRL VA streamline refinance	0% Down640 FICO30-yr	6.422% 6.569% APR	$2,458 Principal & Interest	$0 Points
Rate/Term Refi Conventional rate/term refinance	0% Down740 FICO30-yr	6.942% 6.968% APR	$2,015 Principal & Interest	$0 Points
Cash-Out Refi Conventional cash-out refinance	0% Down740 FICO30-yr	7.392% 7.419% APR	$2,382 Principal & Interest	$0 Points

Mortgage Rates in Williamsburg: Local Market Snapshot

Median Home Value

$496,785

2-Yr Appreciation

21.5%

increase

Median Income

$72,424

household

Price-to-Income

6.9x

stretched

Rates updated daily via Safe Rate's pricing engine using live investor rate sheets, calibrated to Williamsburg City's local loan limits and FHFA market data. Your actual rate depends on credit score, down payment, and lender.

Frequently Asked Questions

Market Snapshot

FIPS 51830

Average Home Value: $496,785
Average Rent: $1,547/mo
Average Income: $72,424
Property Tax: $2,297/yr
Avg Loan: $304,661
Avg LTV: 70.8%

Estimated Insurance

Homeowners Insurance

HO-3 policy · covers dwelling, property & liability

$150/mo

Flood Insurance$29/mo

Risk TierModerate

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Rates are representative estimates using base pricing sourced from national wholesale lenders. Safe Rate Mortgage is a broker driven platform. Estimated rates incorporate 1.40% lender paid compensation (minimum $2,000, maximum $4,000). At initial launch, no compensation occurs. Demographic and housing data sourced from public HUD and FHFA datasets.