Brexit Drags Mortgage Rates Down, Will They Hit Rock Bottom?
Zacks Equity Research, July 5, 2016
The Brexit aftermath has rattled the stock market and led to decline in mortgage rates. While lower mortgage rates have been affecting retirement accounts, they are helping people seeking to refinance their home loans. “If the financial-market disruption from Brexit persists, the likelihood of even a December hike would be reduced,” said Lynn Fisher, MBA vice president of research and economics.
