FREDDIE MAC JULY 2016 OUTLOOK

摘要

On July 12, 2016, Freddie Mac released its monthly Outlook for July showing that international concerns, particularly slowing growth in China and the Brexit vote in the U.K., have played a major role in driving down mortgage rates. In the most recent Primary Mortgage Market Survey the 30-year fixed-rate mortgage fell to 3.41%, just slightly above the all-time record low. This is likely to result in a boost in housing activity, particularly refinance, as homeowners take advantage of the current low rates.