Coronavirus fallout cut interest rates. So why did mortgages get pricier?

With turmoil in financial markets pushing many key interest rates to record lows, why are mortgage rates going … higher?
The economic damage from the global coronavirus outbreak has freaked out financial markets and caused most interest rates to plummet.
However, this week real estate saw a hiccup. What should have been an added boon to the real estate market, even cheaper mortgages, didn’t materialize. The “savings” that lenders are potentially reaping from cheaper sour