TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/744822
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