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VA loan rates can change often just like most mortgage interest rates. The http://www.directvaloans.com VA loan FAQ video series addresses the commonly asked question, How are VA rates determined? The VA doesnt set the rates on any home loans. Usually FHA and VA loan rates move up and down with conventional rates and as such VA borrowers can expect veteran home loan rates to be close to average conventional interest rates. The Federal Governments actions can affect mortgage rates, but the rates are not set by the U.S. Department of Veterans Affairs. The loan officers for most VA lenders work from a current rate sheet that tells them which rates they can offer and the cost of each rate. A VA borrowers rate options often depend on their priorities, which might include the lowest possible payment. For the complete video series and to find more answers to your most commonly asked VA loan questions visit http://www.directvaloans.com/VA-Loan-Questions/Default.aspx.