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March 1, 2021
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week but remain near historic lows as the pandemic-hobbled economy strains toward recovery with more Americans getting vaccinated against the coronavirus.
Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan increased to 2.97% from 2.81% last week. By contrast, the benchmark rate stood at 3.45% a year ago.
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