What the New Coronavirus Means for Your Home Loan and Mortgage Rates

The Federal Reserve on Tuesday cut short-term interest rates by half a percentage point in an effort to protect the economy from more damage from the COVID-19 outbreak. The move may present options for mortgage shoppers. What does all this mean for home buyers? Or those looking to lock in a mortgage rate? For owners…

The article What the New Coronavirus Means for Your Home Loan and Mortgage Rates originally appeared on NerdWallet.

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