The VA’s Interest Rate Reduction Refinance Loans in Arkansas for the first quarter of the fiscal year 2024 averaged $298,034, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Arkansas in the first quarter of fiscal year 2024 was $262,210, according to figures provided by the Veterans Affairs Home Loans Index.
The U.S. Department of Veterans Affairs (VA) issued 1,016 home loans totaling $261.2 million in Arkansas during the first quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.
The third quarter of 2023 brought in $817 million in individual income tax revenue for Arkansas, a 30% 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, Arkansas experienced a 20.4% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 19.4% increase.