Business NewsMarketWire • Fixed Mortgage Rates Lower for Fifth Straight Week

Fixed Mortgage Rates Lower for Fifth Straight Week

Fixed Mortgage Rates Lower for Fifth Straight Week

MCLEAN, VA--(Marketwired - May 29, 2014) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling for the fifth consecutive week and hitting new 2014 lows. The average for the 30-year fixed-rate mortgage is at its lowest point since the week of October 31, 2013.

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