Top Stories

What a COVID-19 vaccine would mean for mortgage rates and the housing market


When the coronavirus pandemic first reached U.S. shores
earlier this year, worries abounded about how it would affect the country’s
housing market.

Starting in March, home sales all but ground to a halt as Americans stayed at home to avoid getting sick. All the while, mortgage rates turned lower — and lower and lower. The nation saw the beginnings of a boom in refinancing activity, as homeowners welcomed the lowest interest rates on record.

A few months later, home-buying activity resumed with abandon. With low mortgage rates locked-in and a desire for more space amid the pandemic, Americans flooded the housing market in search of new homes. Even now in the fall, when home…


Weekend reads: $500,000 and a retirement problem

Previous article

The lines for COVID-19 tests were longer than the lines for Black Friday shopping

Next article

You may also like

Leave a Reply

Notify of

More in Top Stories