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DAILY Wrap-Up & Commentary on: (OTC:FMCC), (NYSE:VZ)


New York, NY -- (ReleaseWire) -- 04/26/2013 --Federal Home Loan Mortgage Corporation (OTC:FMCC) released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower for the fourth consecutive week continuing to support the ongoing housing recovery. The 15-year fixed-rate mortgage hit a new all-time record low at 2.61 percent for the week, as did the 5-year ARM at 2.58 percent. The previous record low for the 15-year fixed was 2.63 percent set the week of November 21, 2012.

30-year fixed-rate mortgage (FRM) averaged 3.40 percent with an average 0.8 point for the week ending April 25, 2013, down from last week when it averaged 3.41 percent. Last year at this time, the 30-year FRM averaged 3.88 percent.

Federal Home Loan Mortgage Corporation provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States.

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Verizon Communications Inc.’s (NYSE:VZ) Verizon Foundation is partnering with La Maestra Community Health Centers to accelerate new health care solutions focused on children to reduce healthcare disparities, improve access and quality of care.

La Maestra Community Health Centers, a leading healthcare nonprofit in San Diego County, and the Verizon Foundation will unveil a state-of-the-art mobile clinic vehicle at the National City Cinco de Mayo Mariachi Festival on Saturday (April 27). Festival participants can tour the mobile clinic -- equipped with the most advanced telemedicine and X-ray systems technology -- and receive free health screenings and services.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

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