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US average mortgage rates down slightly; 30-year at 2.96%

WASHINGTON — Mortgage rates fell slightly this week, marking their third straight week below 3% amid signs of the recovering economy's strength. Mortgage buyer Freddie Mac reported Thursday that the average for the benchmark 30-year home-loan rate eased to 2.96% from 2.98% last week. At this time last year, the long-term rate was 3.26%. The rate for ...

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