Britain's vote to exit from the European Union hurt U.S. stock markets temporarily, but it could help homebuyers.
Both stock prices and U.S. interest rates started falling June 24, the day after Brexit.
| Mortgage And Real Estate News | ||
| Highest Rates in Just Over 3 Weeks Up until last week's Fed announcement, the average 30yr fixed mortgage rate was at the lowest levels in more than a year (in many cases, matching the same lows seen on September 16th--the day before t... | ||
| Non-QM, 2nds, Marketing Products; Deep Dive on "Data-Less" Capital Markets “Daylight savings time: Is the government cutting off the bottom of a blanket and sewing it to the top and saying, ‘See? Its longer now.’” Here in Austin, TX, Texas Women Mortgage Bankers’ Fall Social... | ||
| Mortgage Rates Recover Some of This Week's Lost Ground After hitting the highest level in several weeks on Thursday, mortgage rates managed to move moderately lower on Friday. Counterpoint: Friday's rates are still the 2nd highest of the past 2 weeks and ... | ||
| Home Price Appreciation Keeps Cooling; New Loan Limits Coming Into Focus Both the FHFA and the S&P CoreLogic Case-Shiller indices released new home-price data this week covering the month of August. The message is unchanged: prices remain higher than a year ago, but th... | ||