November 2016 - End of the Road?

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 15 "The most recent refinance boom was triggered by the surprise that the markets got when Brexit passed. That just shook up the whole global finance world and caused a lot of money to flow into U.S. treasuries, which drove down interest rates, and that lower interest rate level caused a lot of borrowers to decide to refinance all at once." — Brad Blackwell, EVP, Housing Policy and Homeownership Growth Strategies, Wells Fargo Home Mortgage

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