By Associated Press Undefined WASHINGTON (AP) — U.S. long-term mortgage rates were flat this week for a second straight week. Home-loan rates stayed near record lows as the economy, especially in the services sector, remains burdened by the coronavirus pandemic. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan remained at last week's 2.73%. By contrast, the rate stood at 3.47% a year ago. The average rate on 15-year fixed-rate loans, popular among homeowners seeking to refinance their mortgages, eased to 2.19% from 2.21%. The number of Americans seeking unemployment benefits fell […]
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