When the COVID-19 pandemic shuttered businesses and public spaces throughout the nation, many feared that the housing market would suffer along with the economy. But demand for homes has soared in the past few months—and record-breaking mortgage interest rates are largely responsible. Mortgage Interest Rates Are Lower Than Ever In March 2020, mortgage interest rates […]
Even if you aren’t thinking about buying or selling your home soon, you’ve probably seen that mortgage rates have hit record lows. And if you’re a homeowner, you can actually benefit from these low rates by refinancing your mortgage, which can save you thousands of dollars in the long run. Here’s everything you need to […]
Every cloud has a silver lining, and one possible silver lining of the COVID-19 pandemic is its effect on mortgage rates. In the grand scheme of things—schools closing, businesses shutting down, unemployment skyrocketing—mortgage rates falling might seem a small perk, but a rock-bottom interest rate could mean big savings, should you refinance. So… If Mortgage […]
