Newport News Mortgage Rates & Home Loans
Freedomstar Financial offers competitive mortgage rates on conventional, FHA, VA, and jumbo home loans in Newport News, Virginia (License #MLO-44472VA). Newport News uses the 2026 baseline conforming loan limit of $832,750 for a one-unit home, so most purchases are standard conforming, FHA, or VA loans.
Newport News anchors the Virginia Peninsula, built around Newport News Shipbuilding and nearby installations including Joint Base Langley-Eustis. Affordability and a large military and defense workforce drive strong VA and first-time buyer demand.
Today's Newport News Mortgage Rates
Live best-execution Virginia rates from our lender network — as of July 30, 2026 at 1:22 PM PDT.
VA 30-Yr Fixed
5.625%
APR 5.795%
Conventional 30-Yr Fixed
6.000%
APR 6.113%
High-Balance 30-Yr Fixed
6.250%
APR 6.332%
FHA 30-Yr Fixed
5.625%
APR 5.779%
Rates subject to change. See Rate Assumptions.
Newport News Home Loan Facts
Median Home Price
~$300,000
Curated Newport News estimate.
2026 Conforming Limit
$832,750
City of Newport News baseline reference.
County
City of Newport News
Loan limits are set at the county level.
Loan Limits & Market
Newport News uses the 2026 baseline conforming loan limit of $832,750 for a one-unit home, so most purchases are standard conforming, FHA, or VA loans.
From Hilton Village and City Center to the neighborhoods near the shipyard and Fort Eustis, Newport News draws military households, shipbuilding workers, and first-time buyers. VA and FHA loans are especially common.
Newport News Highlights
- Baseline conforming limit of $832,750 (2026)
- Strong VA demand near Joint Base Langley-Eustis
- Newport News Shipbuilding workforce
- Affordable Virginia Peninsula pricing
Property Taxes in Virginia
Virginia property tax is assessed and collected locally, so effective rates vary by city and county. Some localities offer relief for disabled veterans and seniors.
Market facts last updated July 21, 2026.
First-Time Buyer Programs in Virginia
Virginia Housing Down Payment Assistance
Grant toward down payment for eligible first-time buyers.
Virginia Housing Loan Combo
Affordable first mortgage paired with down payment and closing-cost assistance.
Program availability and terms are set by the administering agency and subject to change. Contact us to confirm current eligibility.
Licensed to Lend in Newport News, Virginia
Your Newport News loans are handled by Ivan Hendren, NMLS #152318. Freedomstar Financial holds an active Virginia mortgage license (#MLO-44472VA). See our full licensing & disclosures for details.
Meet Ivan HendrenNewport News Mortgage FAQ
Are VA loans common in Newport News?
Yes. With Joint Base Langley-Eustis nearby and a large defense and shipbuilding workforce, Newport News has heavy VA loan use. Eligible borrowers get no down payment, no PMI, and competitive rates.
What is the conforming loan limit in Newport News for 2026?
Newport News uses the 2026 baseline conforming loan limit of $832,750 for a one-unit home. Amounts above that are financed as jumbo loans.
Other Virginia Markets
All of VirginiaVirginia Beach
Median ~$375,000
Hampton Roads market with exceptionally strong VA loan demand.
Richmond
Median ~$360,000
Capital-region market with steady conventional and FHA activity.
Northern Virginia
Median ~$700,000
High-cost D.C.-adjacent market where high-balance loans are common.
Norfolk
Median ~$320,000
Hampton Roads Navy hub with among the highest VA loan volumes in the country.
Charlottesville
Median ~$450,000
University-driven Central Virginia market with steady conventional demand.
Roanoke
Median ~$275,000
Affordable Southwest Virginia market with strong first-time buyer demand.
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