Low Interest Rates Reduce the Cost of Mortgages
by Mark Solheim, Editor, Kiplinger's Personal Finance
Mar 19, 2020
2 minutes
As the coronavirus scare pushed the ten-year Treasury note to an all-time low and the Fed slashed the federal funds rate, interest rates for mortgages also fell, creating money-saving opportunities for would-be homeowners and current homeowners looking to refinance.
In early March, the 30-year fixed rate
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