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April 6, 2020
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week for the second straight week as anxiety has spiraled over devastation to the economy from the coronavirus pandemic.
Home-loan rates have been hitting all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year loan dipped to 3.33% this week from 3.50%. A year ago the rate stood at 4.08%.
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