Business NewsMarketWire • Mortgage Rates Move Higher for Second Consecutive Week

Mortgage Rates Move Higher for Second Consecutive Week

Mortgage Rates Move Higher for Second Consecutive Week

MCLEAN, VA--(Marketwired - Nov 6, 2014) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving higher for the second consecutive week amid better than expected economic data. This 30-year fixed-rate mortgage also rose above 4 percent for the first time in three weeks.

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Mortgage Rates Move Higher for Second Consecutive Week