### Question
How is the term going Federal rate of interest defined?


### Answer
The term **going Federal rate of interest** is defined in *42 U.S.C. § 1590* as the following:

> "going Federal rate" as that term is defined in the United States Housing Act of 1937 [42 U.S.C. 1437 et seq.]

#### Citation:
  - *42 U.S.C. § 1590*
  - Heading: **CHAPTER 9-HOUSING OF PERSONS ENGAGED IN NATIONAL DEFENSE > SUBCHAPTER VII-DISPOSAL OF WAR AND VETERANS&apos; HOUSING**

