Peeking Inside the Crystal Ball in 2027 with a New Socialist-Democrat Congress. A Democratic Congress will not automatically lower VA home loan interest rates. Private lenders set rates on most VA loans, and those rates tend to move with the mortgage market. Congress could fund rate subsidies or expand help for veterans facing foreclosure. It could also revive VASP, which … [Read more...] about How the Socialist Democrat Congress Affects VA Home Loan Interest Rates