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Tag Archives: jayanth kandalam

Mortgage Rates Drop 8-Year Low amid Coronavirus Fears, Investors Flee to Safe-Haven Assets

The impact of the coronavirus spread outside China is giving jitters to the entire financial markets as the average rate on the 30-year fixed mortgage has hit a low of 3.34% on Monday.The situation in the global markets continues to exacerbate with the rising fears of the coronavirus spread. On Monday morning, Dow Jones futures and global markets plunged heavily after a sudden jump in the number of coronavirus infected cases in South Korean and Italy.The financial markets continue to take a...

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