Mortgage Rates Rise Sharply from Last Week’s Record Low

Orange County Register, Mar. 12, 2020–Jeff Lazerson
Chances are great that the coronavirus will have long-term repercussions on the global economy. It’s an easy bet to see a big, bad recession coming as a result of this pandemic. Once these mortgage application lines clear out, rates will likely drift down again, and perhaps down even further. Yes, you will get another bite at the apple.