"Mortgage Rates Are Near Record Lows After Monday's Big Stock-Market Drop," February 27, 2020

Summary: Mortgage Rates Are Near Record Lows After Monday's Big Stock-Market Drop by Ian Salisbury Monday was a difficult day for stock market investors. But it was a great one for anyone shopping for a mortgage. The average rate for a 30-year mortgage — which had already been falling for weeks, helping spark a surge of mortgage applications — tumbled to a new low of 3.34%, according to at least one measure, its lowest level in at least three years.