Current va interest rates Meaning and Definition

Pronunciation

(current va interest rates) 🔊

Part of Speech

Noun

Definition

The interest rates offered by the United States Department of Veterans Affairs for mortgages and other loans to eligible veterans, active-duty military personnel, and surviving spouses.

Examples

• The VA loan had a much lower interest rate than the conventional loan.
• With current va interest rates, this was the best time to refinance our mortgage.

Synonyms

• Mortgage rates
• Loan rates

Antonyms

• nulls
• zero

Etymology

The term “VA interest rates” originated from the Department of Veterans Affairs, which sets the interest rates for VA-backed loans.

Usage Notes

Current va interest rates can vary depending on factors such as the type of loan, credit score, and loan term.

Cultural References

Current va interest rates have been referenced in various financial podcasts and news outlets, such as The Dave Ramsey Show and Forbes.

Idiomatic Expressions or Phrases

There are no idiomatic expressions or phrases that include the term “Current va interest rates”, as it is a specific term used in financial contexts.

Related Words or Phrases

Mortgage rates, loan rates, interest rates, credit scores

Collocations

Current va interest rates mortgage, current va interest rates loan, current va interest rates refinancing

Frequency of Use

While the term “Current va interest rates” is not commonly used in everyday conversation, it is frequently referenced in financial and real estate contexts.

Common Misspellings

VA interest rate, VA rate, veteran interest rate