Q&A: Fannie & Freddie
 How do Fannie and Freddie's current problems affect
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If the government were to step in to help the pair, it would likely lead to lower interest rates on mortgages because investors would be assured of repayment, said Dan Green, a certified mortgage planning specialist and author of TheMortgageReports.com.

But those declines in rates would probably be offset by an increase in fees, Green added.