Coronavirus Panic Drags Down Mortgage Rates

Fear of the coronavirus has pushed down mortgage interest rates to 3.34% on the 30-year fixed mortgage, an 8-year low. Many believe that rates will sink further.

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Posted by Jeff Mindham

Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.

Coronavirus Panic Drags Down Mortgage Rates

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