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The current average rate for a 30-year fixed mortgage is 7.19% for purchase and 7.20% for refinance — down 18 basis points from 7.37% for purchase and 7.38% for refinance last Thursday.
The word laser is an anacronym that originated as an acronym for light amplification by stimulated emission of radiation. [1] [2] The first laser was built in 1960 by Theodore Maiman at Hughes Research Laboratories, based on theoretical work by Charles H. Townes and Arthur Leonard Schawlow.