Mid-Year Summary and Brexit Overview

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Since the year is officially half over (can you believe it?!), we thought we would give you a quick overview of the current status of Long Real Estate from January 1-June 30. We are on track for another record-breaking year thanks to your support and referrals. We seriously cannot emphasize enough how appreciative we are every time someone refers us to their friend or family member. Your thoughtfulness of passing our name on is what keeps us in business. We are busy, but we are NEVER too busy for your referrals. Even if you know of someone who just wants to talk about their options, we would love to have a conversation with them.

 

How will Brexit affect housing and mortgages?

Another hot topic that we need to mention is Brexit. The British decision to leave the European Union has an affect on tons of different areas of the American economy many of which are negative. However, when it comes to your mortgage, Brexit has caused rates to plunge to the lowest levels in years. Although most economists have been predicting a rate hike toward the end of the 2016, Brexit has caused interest rates to lower instead. This being said, unless you have just recently purchased or refinanced, it would be in your best interest to check your current rates and consider a refinance. We have strong relationships with many qualified lenders. Give us a call, shoot us an email or even a text and we’d be happy to guide you to a lender who would be the best fit for you.