August 4, 2016

Post-Brexit mortgage rates dip again

By Marcie Geffner

Mortgage interest rates dropped in late June after the so-called Brexit referendum in which United Kingdom voters signaled their wish to leave the European Union.

Since then rates have been "steadily creeping up from the low-3% to mid-3% range," says Justin Lopatin, vice president of mortgage lending at PERL Mortgage in Chicago.

This week, rates gave up some of that increase.

Read more:
http://www.bankrate.com/finance/mortgages/mortgage-analysis-080416.aspx