Set by the Government National Mortgage Association, this is a rate that is below the FHA rate. It’s the lowest interest rate available on mortgages (the coupon rate) that is available and legal.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser