As the coronavirus pushed the U.S. into a recession this spring, mortgage rates started a swift decline into all-new territory. Average rates on 30-year fixed-rate mortgages slid below 3% for the first time ever in July, and homebuyers are heading out to snag a deal. The number of purchase applications to buy homes was up 19% between late July and the same time in 2019. If you’ve been thinking…

Original Article Posted at : https://www.moneytalksnews.com/how-to-get-the-best-deal-on-a-mortgage-during-the-pandemic/