Brexit's delay will have far-reaching effects, even in the United States. What ripple effects could impact housing on this side of the pond?
Read More »The Sudden Surge in Refinance Candidates
June's Brexit vote pushed another few million borrowers "into the money," creating the a four-year high in the number of candidates who could benefit from a mortgage refinance.
Read More »Post-Brexit Volatility is Waning
Last month’s historic Brexit vote drove mortgage rates down near historic lows and brought a flurry of refinancing activity. According to Freddie Mac, however, the post-Brexit volatility is tapering off.
Read More »Brexit Brings Upswing In Mortgage Originations
The effects of last month’s Brexit vote are starting to take hold in the U.S. mortgage market, where cautious (but definitive) optimism has sparked the refinancing sector.
Read More »Refi Requests Skyrocket in Brexit Aftermath
The aftermath of Brexit in the U.S. has been mortgage rates hovering just above their historic low level set nearly four years ago, which prompted the spike in refinance requests.
Read More »Already Low Mortgage Rates Drop Even Lower
The current 30-year FRM average rate is only 10 basis points higher than its all-time low; Freddie Mac attributed this to continued fallout from the U.K.’s Brexit vote two weeks ago.
Read More »San Francisco Fed: Brexit Effect Modest So Far
San Francisco Fed President and CEO John Williams said the effect of Brexit on the U.S. has been modest, but he was not ready to return to his pre-Brexit forecast of two or three rate hikes this year.
Read More »Fed Vice Chair Stays Cool on Brexit Effect
While immediate declines in mortgage rates have caused many to speculate on Brexit's effect, Stanley Fischer is taking a wait-and-see stance.
Read More »Effects of Brexit-influenced Rates a Mixed Bag
One week after the controversial Brexit vote, some in the industry can already see how the vote affected rates, which may in turn affect housing demand.
Read More »Brexit Triggers Caution, But Could Benefit U.S. Homebuyers
The U.K. voted 52 percent to 48 percent to leave the European Union‒‒the much anticipated, but also much feared “Brexit”‒‒in a move that has had immediate effects on global and American markets.
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