How Brexit Will Affect US Mortgage Rates

How Brexit Will Affect US Mortgage Rates

The Beatles invasion. Brexit. Both events had and will have a profound affect on America.


How will Brexit affect Las Vegas homeowners, buyers and sellers? Economists like Greg McBride of Bankrate predicts US mortgage rates will sink to new lows now that Britain is leaving the European Union.


So how low is low? In May the 30-year fixed rate hovered around 3.7 percent. I'm guessing  rates will fall to 3.6 or 3.5 percent. Maybe lower.


The same economists predict rates will rise after things shake out and hit 4 percent or higher maybe by November.


Of course, if economists really knew what they were talking about, they would be investors richer than Warren Buffet. Still, I think their advice is worth heeding.


If you are thinking about buying a home, do it now if you are not paying cash! If you are considering refinancing, ditto.


Sellers, put your home on the market ASAP. We have low inventory in Las Vegas. There soon will be a horde of savvy financial buyers!

Image result for union jack photo((hugs)) BETH Ellyn

THE Las Vegas Real Estate Concierge

State Managing Broker, Nevada

702.758.4318  Talk. Text. SMS. Video chat.

beth.rosenthal@exprealty.com  Google Hangouts

@yale1974 Twitter

Las Vegas Propportunities  Facebook Business Page


BA: Yale

MS: Columbia

MBA: L'ecole du Hard Knocks

Licensed in Nevada since 1996: I have previous!

When competence AND creativity matter!



Beth Ellyn Rosenthal Headshot
Author:
Phone: 702-324-6911
Dated: June 28th 2016
Views: 118
About Beth Ellyn: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Why Mortgage Interest Rates Are Spiking And What It Means To YOU - This past week we had something not
Vegas Is Americas Most Popular Thanksgiving Location - Las Vegas is America's No. 1 vacatio
A Math Competition In Vegas REALLY - Las Vegas is known for a quirky, kin
Save That I Voted Sticker - Here's a great reward for this horri

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty Las Vegas
6671 Las Vegas Boulevard South Suite D-210
Las Vegas, NV
702-830-7634