[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f279t2agun41u7":3,"$ffeh0925h8cuz":37,"$f2emv3tus0uf1":41,"$fbwk2pqjjqsc7":45},{"item":4,"previous":25,"next":31},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":12,"bodyImage":9,"isInfographic":13,"categories":14,"isVideo":13,"videoThumbnail":9,"videoSource":9,"publishedAt":23,"updatedAt":24},610,"brexit-1-month-later-the-impact-on-mortgage-rates","Brexit 1 Month Later: The Impact on Mortgage Rates","Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at the impact of the first 30 days.\r\n\r\n","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002F01161240\u002FBrexit-1-Month-STM.jpg","Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at the impact of the first 30 days.\r\n\r\n\u003C!--more-->\r\n\r\nMost believed that the Brexit decision would drive mortgage rates down and keep them down for some time. As \u003Cem>CoreLogic\u003C\u002Fem> \u003Ca href=\"http:\u002F\u002Fwww.corelogic.com\u002Fblog\u002Fauthors\u002Fsam-khater\u002F2016\u002F07\u002Fhandicapping-brexit.aspx?WT.mc_id=crlg_160720_14Qo1#.V4_GOa1TGcx\">reported\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem> “First-time buyers can count on continued low mortgage rates to help with affordability issues. Similarly, re-setting adjustable rate loans will have less of a rate shock, and in some cases may even go down.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>What has actually happened?\u003C\u002Fstrong>\u003C\u002Fh3>\r\nInitially, rates did fall. However, \u003Cem>Freddie Mac\u003C\u002Fem> has reported that rates have stabilized and have actually increased marginally each of the last two weeks. This prompted \u003Cem>Freddie Mac\u003C\u002Fem> \u003Cem>Chief Economist\u003C\u002Fem> Sean Beckett to \u003Ca href=\"http:\u002F\u002Fwww.housingwire.com\u002Farticles\u002F37585-freddie-mac-brexit-volatility-tapers-off-mortgage-rates-increase\">say\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Post-Brexit volatility tapered off over the last two weeks, allowing interest rates to bounce back a bit from their near-record 30-year mortgage rate lows.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nAnd, \u003Cem>Capital Economics\u003C\u002Fem> \u003Cem>Property Economist\u003C\u002Fem> Matthew Pointon \u003Ca href=\"http:\u002F\u002Fwww.housingwire.com\u002Farticles\u002F37575-the-future-of-mortgage-rates-in-a-post-brexit-world\">believes\u003C\u002Fa> rates will continue to increase:\r\n\u003Cblockquote>\u003Cem>“Given we expect Brexit will have a minimal impact on the U.S. economy, we see no reason to change our forecast for mortgage rates to reach 3.85% by the end of this year, and 5.0% by the middle of 2018.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nFor now, it appears that the impact of Brexit on the U.S. housing market was not as dramatic as some thought it could be.",false,[15,19],{"id":16,"name":17,"slug":18},5,"For Buyers","buyers",{"id":20,"name":21,"slug":22},6,"For Sellers","sellers","2016-07-25T10:00:58Z","2016-07-22T14:07:57Z",{"id":26,"slug":27,"title":28,"featuredImage":29,"publishedAt":30,"contentType":10,"isVideo":13},609,"slaying-myths-about-home-buying-infographic","Slaying Myths About Home Buying [INFOGRAPHIC] ","https:\u002F\u002F\u002F","2016-07-22T10:00:04Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":13},611,"the-top-reason-to-list-your-house-for-sale-now","The Top Reason to List Your House For Sale Now!","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F07\u002F01161243\u002FTop-Reason-STM.jpg","2016-07-26T10:00:26Z",{"cover":38,"open":39,"shareSpread":40},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":42,"open":43,"shareSpread":44},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[46,50,51,52,56,60,64,68,72,76,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":47,"name":48,"slug":49},1,"Uncategorized","uncategorized",{"id":16,"name":17,"slug":18},{"id":20,"name":21,"slug":22},{"id":53,"name":54,"slug":55},7,"Foreclosures","foreclosures",{"id":57,"name":58,"slug":59},8,"Infographics","infographics",{"id":61,"name":62,"slug":63},9,"Home 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