Violent interest rates because of Coronavirus?

Stock market is going nuts and people are panicking due to the Corona virus but what is the impact on the mortgage industry? Things are moving super-fast and violently, that is not a good sign for interest rates and here is why lenders get interest rates that are set for the morning and they last about two days and it rechanges slightly on a daily basis. In the last couple of days there has been multiple changes per day meaning going higher and higher again and going lower and then going back to higher again. Interest rates are all over the place and the market out there is what sets interest rates for mortgages is making bigger moves in much shorter time that are going to catch people off guard. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo