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Tag Archives: historic

Coronavirus update: Global case count 526,044 with 23,709 deaths, and jobless benefit seekers soar to historic levels

March 26, 2020 The Market Comments Off on Coronavirus update: Global case count 526,044 with 23,709 deaths, and jobless benefit seekers soar to historic levels

The number of global cases of the coronavirus that causes COVID-19 climbed above half a million on Thursday, and U.S. jobless claims soared to a historic level after workers were laid off or furloughed as non-essential services were ordered to close. The number of Americans who applied for unemployment benefits …

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Mortgage rates hit historic lows as Dow rollercoaster continues

March 6, 2020 Mortgage Trend Comments Off on Mortgage rates hit historic lows as Dow rollercoaster continues

An incredibly volatile week on the stock market spurred an all-time low for both the benchmark 10-year Treasury note yield and Freddie Mac’s 30-year fixed-rate mortgage average. A lot happened this week so let’s take a look at the highlights: Dow stays in correction due to virus fears and political …

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