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US average mortgage rates steady; 30-year stays at 4.81 pct.

US average mortgage rates steady; 30-year stays at 4.81 pct.

Associated Press

WASHINGTON (AP) — U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years a week earlier. Home borrowing rates remain much higher than they were a year ago. Mortgage giant Freddie Mac said Thursday the average rate on the benchmark 30-year, …

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