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July 23, 2021
WASHINGTON (AP) — Mortgage rates fell for the fourth straight week, undercut by worries that the surging delta coronavirus variant and the worsening pandemic in hotspots around the world could derail what has been a strong economic recovery.
Mortgage buyer Freddie Mac reported Thursday that the average for the 30-year home loan dipped to 2.78% from 2.88% last week, down from its peak this year of 3.18% in April. The key rate stood at 3.01% a year ago.
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