Posts Tagged ‘coronavirus’
Coronavirus attacks the real estate market
If you were born before the year 2000 then you will have the ability to talk about the two greatest economic depressions our country has seen in the last 50 years. We saw the economy tumble due to the real estate market in 2008, and now we’re in the midst of a pandemic the…
Read MoreCOVID 19 Creates Unique Benefit For Homeowners
The term “COVID-19” is now a household name and will likely be for many years to come, synonymous with terms like “influenza”. There has been a dramatic turn in the economy and everyone is victim in some way. Whether your employer is laying people off or adjusting to having employees work from home, it’s a…
Read MoreHow is COVID-19 Affecting Mortgage Rates
2020 has already been very interesting. The outbreak of the infamous “COVID-19” virus has influenced financial markets in a way no one has ever seen before. The initial outbreak caused a dramatic dip in the stock market, which caused a decrease in the bond market, thus lowering interest rates to a point we haven’t seen…
Read MoreMortgage Rates Drop Once Again
Mortgage rates fall yet again, after the 2nd cut in 2019 we are experiencing another drop in January 2020. This is setting some government rates below 3% for a 30 year fixed. That is unheard of since 2016. There is speculation that the reason for this drop in rates is the focus on the Wuhan…
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