Buck Bully
[CNBC, GETTY IMAGES] Refinance volume surged to the highest level since mid-August as mortgage rates dipped to 3.01%. Refinances jumped 8% last week and were 50% higher than a year ago, according to the Mortgage Bankers Association. Mortgage rates moved even lower last week after setting multiple record lows in […]
[Business Insider] There’s speculation about the possibility of the Federal Reserve implementing negative interest rates in response to the coronavirus. Negative interest rates would result in lenders paying you when you take out a loan, and you’d pay a fee to keep money in banks. Both of these results would […]
[MarketWatch] The housing sector is going through a major upheaval because of the coronavirus, but that won’t necessarily translate to lower mortgage rates. Mortgage rates remained near another record low for the third straight week. If a new low comes, it may not be because the U.S. housing market is […]