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Mortgage rates…shop local & nuts


By Doug Barrett
Feb 14, 2021 3:00 PM
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000. But the large number shows that job cuts remain high despite a substantial decline in new viral infections.
 
U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest.  Even with the spike, gasoline prices are 8.7% below where they were a year ago.
 
Long-term mortgage rates are flat for a second straight week. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan remains at last week’s 2.73%. By contrast, the rate stood at 3.47% a year ago. ....

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Owatonna Theatre Receives Relief Grant


Owatonna Theatre Receives Relief Grant
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For those of us who love movies, the pandemic has left a big void of entertainment. Many movies are going straight to streaming now. But it s not the same as in the big theater. Big box of popcorn balancing on your lap. Beverage cup large enough to bathe a small child.
Theaters have had it tough. Shut down. Then open for a little bit. Capacity limits. I was able to get into a theater to watch Tenet last summer. I could not begin to comprehend the story line. No worries about spoilers here. I truly don t know what happened. But I still loved every minute of it. Previews. Popcorn. Comfortable seat. ....

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