Mortgage Rates Hit A New Three-Year Low As Brexit Looms
Forbes, June 20, 2016–Woellert, Lorraine
Home loans haven’t been this cheap in three years. Fed policymakers-who don’t control mortgages but can influence their direction-held short-term borrowing costs steady last week amid worry over a big vote in Europe on Thursday. That’s when Britain goes to the polls to declare whether it wants to stay in the European Union.