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April 30, 2021

30-year mortgage rate at 2.98%

WASHINGTON (AP) — Mortgage rates rose slightly this week after three weeks of declines as new economic data underscores the recovering economy's strength. The benchmark 30-year home loan, however, remains below 3%.

Mortgage buyer Freddie Mac reported Thursday that the average 30-year rate ticked up to 2.98% from 2.97% last week. At this time last year, the long-term rate was 3.23%.


 
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