DAILY Wrap-Up & Commentary on Profiles Picks: (OTC:FMCC), (Pink:NSRGY)
Freddie Mac (OTC:FMCC) released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates dipping for the week amid recent data which indicates the manufacturing industry is slowing. The average 30-year fixed-rate mortgage has seesawed around 3.5 percent for the past two months, providing ongoing help to the housing recovery.
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