Fannie Mae, Freddie Mac increase #mortgage modification interest rate to highest level in 18 months: For the second time in two months, Fannie Mae and Freddie Mac announced that they are increasing the benchmark interest rate for standard #mortgage modifications. While last month’s increase saw Fannie and Freddie increase the standard #mortgage modification benchmark interest rate to a level not seen in months, the GSEs said they are increasing the standard #mortgage modification interest rate to the highest level in 18 months. http://www.housingwire.com/articles/38930-fannie-mae-freddie-mac-increase-mortgage-modification-interest-rate-to-highest-level-in-18-months ❤️ #share #mortgage
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