### Question
What is the definition of going Federal rate of interest?


### Answer
The definition of **going Federal rate of interest** is as follows in *42 U.S.C. § 1590*:

> “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&rsquo; HOUSING**

