Record Low Mortgage Rates Put More Cash In Pockets, But May Not Boost Economy Much

NPR, July 21, 2020–Chris Arnold
A historic drop in mortgage rates has millions of homeowners refinancing to save money. It’s helping home sales, but it’s not helping the broader economy as much as it would in a normal recession.
https://www.npr.org/sections/coronavirus-live-updates/2020/07/21/893493664/record-low-mortgage-rates-put-more-cash-in-pockets-but-may-not-boost-economy-muc