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Current Mortgage Rate

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Current Definition

–adjective
1.passing in time; belonging to the time actually passing: the current month.
2.prevalent; customary: the current practice.
3.popular; in vogue: current fashions.
4.new; present; most recent: the current issue of a publication.
5.publicly reported or known: a rumor that is current.
6.passing from one to another; circulating, as a coin.
7.Archaic. running; flowing.
8.Obsolete. genuine; authentic.
–noun
9.a flowing; flow, as of a river.
10.something that flows, as a stream.
11.a large portion of air, large body of water, etc., moving in a certain direction.
12.the speed at which such flow moves; velocity of flow.
13.Electricity. electric current.
14.a course, as of time or events; the main course; the general tendency.
From Dictionary

Mortgage Definition

–noun
1.a conveyance of an interest in property as security for the repayment of money borrowed.
2.the deed by which such a transaction is effected.
3.the rights conferred by it, or the state of the property conveyed.
–verb (used with object)
4.Law. to convey or place (real property) under a mortgage.
5.to place under advance obligation; pledge: to mortgage one's life to the defense of democracy.
From Dictionary

Rate Definition

–noun
1.the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans.
2.a certain quantity or amount of one thing considered in relation to a unit of another thing and used as a standard or measure: at the rate of 60 miles an hour.
3.a fixed charge per unit of quantity: a rate of 10 cents a pound.
4.price; cost: to cut rates on all home furnishings.
5.degree of speed, progress, etc.: to work at a rapid rate.
6.degree or comparative extent of action or procedure: the rate of increase in work output.
7.relative condition or quality; grade, class, or sort.
8.assigned position in any of a series of graded classes; rating.
9.Insurance. the premium charge per unit of insurance.
10.a charge by a common carrier for transportation, sometimes including certain services involved in rendering such transportation.
11.a wage paid on a specified time basis: a salary figured on an hourly rate.
12.a charge or price established in accordance with a scale or standard: hotel rates based on length of stay.
13.Horology. the relative adherence of a timepiece to perfect timekeeping, measured in terms of the amount of time gained or lost within a certain period.
14.Usually, rates. British.
a.a tax on property for some local purpose.
b.any tax assessed and paid to a local government, as any city tax or district tax.
–verb (used with object)
15.to estimate the value or worth of; appraise: to rate a student's class performance.
16.to esteem, consider, or account: He was rated one of the best writers around.
17.to fix at a certain rate, as of charge or payment.
18.to value for purposes of taxation or the like.
19.to make subject to the payment of a certain rate or tax.
20.to place in a certain rank, class, etc., as a ship or a sailor; give a specific rating to.
21.to be considered or treated as worthy of; merit: an event that doesn't even rate a mention in most histories of the period.
22.to arrange for the conveyance of (goods) at a certain rate.
–verb (used without object)
23.to have value, standing, etc.: a performance that didn't rate very high in the competition.
24.to have position in a certain class.
25.to rank very high in estimation: The new teacher really rates with our class.
26.at any rate,
a.in any event; in any case.
b.at least: It was a mediocre film, but at any rate there was one outstanding individual performance.
From Dictionary

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