Complicated chaos: How stock market dip can benefit consumers
DETROIT โ The stock market took hits Monday, but there is gain among those losses. Stocks had their worst day since the 2008 shutdown, fueled by coronavirus fears and a fall in oil prices. MORE: Dow drops 7.8% as free-fall in oil, virus fears slam marketsWhile the market is feeling pain, thereโs some benefits consumers can expect as a result. Right now, the 30-year fixed rate is 3.15 percent. The 15-year fixed rate is 2.8 percent.