Morning Minute: Brexit and the impact on mortgage rates

One impact from “Brexit” or Britain’s vote Thursday to leave the European Union could be a drop in mortgage rates in the U.S. as global financial markets react to the news, the Washington Post reports this morning in “How Brexit could push mortgage rates to historic lows.” National Association of REALTORS® Chief Economist Lawrence Yun was among those quoted in the story and said it could be a good time for those who have been thinking of refinancing their mortgage to act now and lock in low rates. Read more.

In other headlines:

Are 3% down mortgages the new normal? – HousingWire

Why a severe housing shortage means reduced wages for workers – PBS NewsHour

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