As you probably already know, the United Kingdom recently voted to leave the European Union. What does Brexit mean for real estate in the United States?
Ultimately, investors will be moving money from stocks and putting it into bonds, causing bond prices to go up. When bond prices go up, interest rates go down. When bond prices go down, mortgage rates will go up.
With bond prices on the rise, our historically low interest rates will be dropping even further, making now a great time to buy a home.
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