---
title: Coronavirus Panic Drags Down Mortgage Rates
description: Fear of the Coronavirus has pushed down mortgage interest rates to 3.34% on the 30-year fixed mortgage, an 8-year low.
---

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# [Coronavirus Panic Drags Down Mortgage Rates](https://www.nationalinvestornetwork.com/financials/coronavirus-panic-drags-down-mortgage-rates)

 Written by [Jeff Mindham](https://www.nationalinvestornetwork.com/financials/author/jeff-mindham) | Feb 26, 2020 2:00:32 AM

Fear of the coronavirus has pushed down mortgage interest rates to 3.34% on the 30-year fixed mortgage, an [8-year low](https://www.cnbc.com/2020/02/24/coronavirus-fears-could-push-mortgage-rates-past-4-year-low.html). Many believe that rates will sink further.

According to Matthew Graham, chief operating officer at Mortgage Daily News, “Both mortgages and Treasuries are feeling the impact of the Coronavirus panic. That’s pushing rates lower.”

[View full post](https://www.nationalinvestornetwork.com/financials/coronavirus-panic-drags-down-mortgage-rates)

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