Mortgage rates are at a historic low right now due to the Federal Reserve lowering interest rates as part of the economic stimulus response to the coronavirus pandemic. When mortgage rates are lower, buying a home is more affordable. A lower payment may also help you qualify for a more expensive home. For more information, please visit: https://www.nerdwallet.com/blog/mortgages/what-coronavirus-means-for-your-home-loan-and-mortgage-rates/
