BREXIT – How Is It Affecting Austin Texas Real Estate?
Posted by Kent Redding on
On June 23rd, 2016 BREXIT rocked the world when a referendum passed which will break all ties that the UK has with the EU, but since BREXIT the big question that many people have is how BREXIT has effected Austin Texas Real Estate.
The good news is that BREXIT has affected the U.S. Real Estate market positively because following the UK referendum to leave the EU, mortgage interest rates dropped once again to about 3.50% for a 30-year fixed mortgage loan, and this historically low mortgage interest rate has made it possible for more people to get a great mortgage loan, or refinance their existing mortgages.
How BREXIT Benefits the United States
There’s no denying that Britain has been one of the safe havens for investors for decades and…
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