Tuesday, June 28, 2016 / by June Quilantang
How Brexit affected Mortgage Rates
Single best day for mortgage rates in over a year!
You've probably heard about Britain's momentous decision to leave the European Union by now, but have you thought about how this might affect your mortgage? Well if you haven't, you should.
By the time you read this the U.S. 10 Year Treasury Bond rate will likely have plummeted, and with it mortgage interest rates will drop to all–time lows. This sort of huge market movement always results in widely varied pricing strategies among lenders so we encourage you to contact us for a complimentary rate quote.
Whether you are a current home owner or are in the market to purchase a new home, now will be one of the best times in history to lock in a low rate. Time is of the essence!
