Wednesday, July 20, 2016

Mortgage Rates Tumble after Brexit Vote!

American homebuyers could make out well, according to Greg McBride, chief financial analyst at “Mortgage rates will tumble following the Brexit vote, possibly hitting new record lows,” McBride said. “If you're a borrower, don't wait to lock your rate, as this opportunity may not last long.”
Mark Fleming, chief economist at First American Financial echoed the
idea that the Brexit will likely benefit Americans in search of a mortgage. “The housing market continues to benefit from low, and even falling, mortgage rates driven by the ‘flight to safety’ and relative yield that is maintaining demand for U.S. 10-year Treasury bonds, which underpin fixed-rate mortgages,” Fleming said. 

With the 30 year fixed rate now in the low 3's and the 15 year fixed rate currently in the low 2's, there has never been a better time to purchase
or refinance.

REFINANCERS NOTE: If your current rate is over 4.25% on a 30 year
or over 3.50% on a 15 year mortgage, refinancing NOW could save you thousands!!

Contact Gary Cutler at Global Unity Mortgage today to get pre-qualified
for a future purchase or to obtain your free money-saving refinance
quote at
You may also call us at 860-872-9479 or visit our website at if you wish to apply and start saving today.