Benchmark 30-year mortgage rate drops to record low 2.66%

 Benchmark 30-year mortgage rate drops to record low 2.66%

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US long-term mortgage rates dropped this week to a record low for the 16th time in 2020, reflecting an economy hard hit by the coronavirus pandemic. Mortgage giant Freddie Mac said Thursday that the average rate on the benchmark 30-year fixed-rate home loan slipped to a record low 2.66 percent from 2.67 percent last week….

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