US and global markets are still reeling over the shock of the UK vote last Thursday but as the calendar clicks the markets now settling down.
Mortgage rates have been the beneficiary of the global turmoil, dropping back down to lows not seen since February 2015. The question is, for how long and do they move even lower. With the Brexit weighing on the markets, little other economic news seems to have any influence. The advice is to lock into rates at these levels. The risk of floating, not locking, is to great. When rates reverse, there may be little or no notice and rates could easily climb back up.
Refinancing or buying a home doesn’t have to be Stressfull
With rates so low many have refinanced at least once, even twice. But there are still many who have not, due to either not wanting to deal with the stress of gathering documents and not sure of qualifying for a loan. At North Atlantic you receive attentive personalized service
(see what our clients say).
Beleive me, it’s a great deal easier with our help and expertise.
The average time to close a loan is about 30 days. We monitor real time interest rates, which is why our clients are able to access some of the lowest rates available. We understand the guidelines and know what different lenders can do, which incresaes your opportunites for a fast easy loan with a great rate.
Don’t put it off any longer and start saving with a lower mortgage payment. There are no salesman to speak with only qualified mortgage experts.
For a free consultation,
Call or Email:
John Sauro
Ph: 877-794-5363
Email: JohnSauro@Gmail.com
Sources: CNBC, Bloomberg, Reuters