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Nothing for rates. I think it will hurt them tremendously & we interact with their economy.
I doubt it will have any impact on your interest rates. However, your own election very well might!
Unfortunately I don't think we'll get to find out. But rates would likely go down as a result of a Brexit. Destabilizing the EU would destablize the ever-more-linked-together global economy, and mortgage bonds tend to be a safe haven during times of uncertainty - - so we'd likely see an influx of investment into bonds, bringing down rates.
....fingers crossed we get to see if I'm right ; )
Costa Mesa, CA
I don't think this will have any impact on our interest rates.
Ron and Alexandra Seigel
Question to consider: If Britain were not currently in the European Union, do you think they would vote to join?
Tony and Suzanne Marri...
I don't believe it will impact our interest rates at all.
Doubt it will affect our rates
Don't think so Bill Polack
I don't think it will affect our rates.
I think that Britain will decide to stay with the EU on Thursday, And I don't think it has an impact on interest rates. Yellen's report of "long-run slow growth to Congress is evidence of that. But who knows?
Rancho Cucamonga, CA
No. I think it will benefit them. The EU was a great concept, but flawed in it's execution. Plus with the migrant issue, they would be FAR BETTER OFF doing anything they can to keep them out. Leaving the EU is the first step.
The result of the Brexit decision will drive markets tomorrow. A "remain" vote could cause a much quicker move higher in rates on Friday morning.
This falls into the area known as "beyond my control".
I think they will go up if they leave.
Hope not but it could happen
Interest rates may fluctuate a bit but nothing significant! Probably won't happen anyway!
Interest rates will go up regardless of what they do.
It may cause a ripple but nothing long term for our rates.
Bill Polack - most likely we should not have any impact - however I am no expert at that...
up of course
I have no clue.
They probably will not leave and our interest rates are geared to our own economy. No crystal balls here.
I don't know how it will affect interest rates in America. But I hope Britain pulls out of the EU. I would be thrilled to see the entie EU totally collapse.
I don't have a crystal ball. However, if there is an effect, it will probably be different in various parts of the world.
I am guessing both
Here in the US? Nope, market will go crazy a day or two, then it will go back to normal. No affect on interest rates though.
stays same as Ellen stated this AM.
I do not think it will affect the rates in the USA. If they leave, stcks could take a sharp down turn for a short period and rates would stay low not go up.
I don't know but I think John Meussner makes a good point. But I'm betting Britain stays in
It will rock the financial world a little so I expect to see a movement upwards.
Not so much interest rates but it disturbs the whole existing structure of current business.
British rates are calculated differently, it's a bank rate, not linked to notes etc. Heavily impacted by economy. More like the prime rate scenario here than anything. I was around when we voted in, wish they would vote out! I don't vote there anymore by we never got anything from it.
No effect at all.
sounds like a crap shoot to me!!!
The Fed already held off on a quarter point rate becuase of Brexit so I would assume that rates stay low.
Many good responses to your question Bill Polack
Bill Polack I don't view Great Britain as a major influence on either supply or demand, particularly in their EU sphere.
Consequently, I don't really see how interest rates will be influenced, one way or another, whether they stay or leave the EU.
I definitely don't think they would go down. I do think that if it looks like it destabilizes the global economy our rates will hold steady. The Fed is unlikely to raise rates when people are nervous.