Mortgage rates likely to fall again after the Fed’s latest dramatic response to coronavirus
0 Comments

Mortgage rates are primed to fall again after the Federal Reserve’s latest dramatic policy moves to combat the economic impact from the deadly coronavirus pandemic.

The Fed on Sunday said it will begin buying $200 billion of mortgage-backed bonds, a move that will stabilize and likely lower mortgage rates, which moved sharply higher last week. This is part of a brand new, $700 billion round of quantitative easing in response to the COVID-19 crisis. The central bank also

Mortgage rates likely to fall again after the Fed’s latest dramatic response to coronavirus

What The Fed’s Near Zero Rates Means for You



Fed drops rates to zero in emergency rate cut due to coronavirus effects

Fed cuts rate to zero, launches more bond purchases in historic moves to fight coronavirus

What do the Fed’s latest moves mean for U.S. consumers?

Author

mukeshathavale.manzi@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *