Side effects?

That combined with 5/8” drywall is reasonably effective in noise reduction.

Explain to me like I’m 5:the decision to lower the federal interest rates today and how it will effect home buying for me?

It may not effect the mortgage rates - mortgage rates don't allows follow the fed rate.

do the distribution and contribution just cancel each other out, in effect making the transaction unreportable? 

I believe that something much worse is to come as a ripple effect to the Coronavirus.

What effect will the 0% Fed Rate have on loans both residential and commercial?

You’re here, you care, and if anyone has concerns ____ is where to find you and voice them.

And all this happening while other sectors are not seeing the same effect because they weren't bailed out by the government at the same time. 

If you own rentals in Las Vegas/Henderson Nevada, it looks like the area is going to really feel the financial effects of this.It looks like Caesars Palace and the Sahara are laying off workers, and the Wynn is shutting down 100% for 2 weeks.A lot of other busineses are going to have issue too.Here is a list: https://www.reviewjournal.com/business/conventions/whats-canceled-or-closed-due-to-coronavirus-updated-for-shows-schools-business-sports-1972937/Link to front page: https://www.reviewjournal.com/