Coronavirus update: Cancelled real estate events, a halt to evictions and the DRE marches on

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The impacts of the novel coronavirus disease (COVID-19) are touching every segment of our lives, and the real estate profession is no exception.
As the situation evolves constantly, first tuesday is providing this update on how the virus is changing real estate in California. Just this week, in an effort to avert a major crash, the Federal Reserve (the Fed) dropped their benchmark interest rate to 0%. Mortgage interest rates have decreased, but still have room to go lower when compared to how low other key interest rates have fallen. Read the story in FTJournal.

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