Archives For: benchmark interest rate

Federal Reserve Issues FOMC Statement

The Federal Reserve continued to battle inflation by raising its benchmark interest rate to the highest level in 15 years.

3 May 2023

Freddie Mac Joins Fannie Mae in Reducing Mortgage Modification Interest Rate

HousingWire published an article discussing a decision by Freddie Mac to cut its benchmark interest rate for standard mortgage modifications for the second time in 2017.

17 Jul 2017