COVID-19 UPDATES

COVID-19: Quick Links and Resources

Please use these links to find additional information about the Coronavirus. Secretary of State COVID 19 Updates Vermont League of Cities and Town COVID 19 Updates Vermont Office of Professional Regulation Continuing Education, License Renewal and Impacts of COVID-19 Centers for Disease Control and Prevention Situation Summary What You Should Know Protect Yourself and Your Family Protect Your Health What …

Read More »

What Fed’s Emergency Rate Cut May Do for Mortgage Rates

Last week, the Federal Reserve announced its first emergency rate cut since the financial crisis due to mounting concerns over the economic impact from a potential coronavirus outbreak in the U.S. The Fed’s rate cut was unscheduled. It also marks the largest one-time cut—half a percentage point—since 2008. The Federal Reserve’s funds rate—what banks charge one another for short-term borrowing—isn’t …

Read More »

Coronavirus: A Guide for Realtors®

Why is NAR issuing this guidance? In response to the growing concerns about COVID-19, commonly referred to as coronavirus, NAR is providing this guidance to help REALTORS® respond to the coronavirus’s potential impact on the real estate industry. As of March 4, 2020, the U.S. Centers for Disease Control and Prevention (CDC) has issued Level 3 Travel Warnings for all of …

Read More »

Coronavirus and Mortgage Rates: What’s the Connection?

The rapid international spread of the coronavirus is striking fear in investors and shaking financial markets. With confirmed cases growing in the U.S., how could the near-pandemic impact the housing market? So far, coronavirus fears have prompted mortgage rates to drop. Investors are pulling their money out of stocks and putting it into steadier U.S. Treasury bonds—and when bonds perform …

Read More »