Mortgage Rates Haven’t Been This Low in Three Years
Washington Post, June 30, 2016–Orton, Kathy
The stock market’s plunge following the Brexit vote was bad for most people’s retirement accounts but good for those looking to refinance their mortgage. “In light of the Brexit vote and other recent economic news, MBA now predicts that the Fed will hike rates only once this year, likely in December,” said Mortgage Bankers Association Vice President of Research and Economics Lynn Fisher.
