Brexit 1 Month Later: The Impact on Mortgage Rates

I will continue to follow the effect of Brexit on the U.S. housing market. But for now, it appears the impact is not as dramatic as some thought it could be.

#Homes #RealEstate #Brexit #MortgageRates #FreddieMac #RegencyRealEstateBrokers #TeamTerryMatheus #TerryMatheus

Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at the impact of the first 30 days.

Most believed that the Brexit decision would drive mortgage rates down and keep them down for some time. As CoreLogic reported:...MORE

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