The coronavirus is capturing headlines across the world, but its effects are being felt everywhere, especially the mortgage industry.  If you are buying a home, you are not alone in having questions right now. We are here to help you through every step of the way.

``Lower rates aren't immediate or guaranteed, so make sure your originator has what they need from you in order to lock it when and if your desired rate becomes available.``- Mortgage News Daily
``Put simply, many lenders are so busy right now trying to process the loan applications they’ve already received that they’re pushing their interest rates well above the prevailing market rate so they can actually deliver on the loans they already have in their pipeline.``- Housingwire
``Closings themselves may become limited, as people have become leery about sharing close quarters. Videoconferencing is a possibility and about half of the states already allow notaries to do their job virtually.``- NY Times
``It's extremely important for the sound functioning of the mortgage market that consumers read and understand the following: THE FED DID NOT JUST CUT YOUR MORTGAGE RATES!``- HousingBrief