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Rainmaker
1,191,587
Lyn Sims
RE/MAX Suburban - Northwest Suburbs of Chicago - Schaumburg, IL
Schaumburg IL Area Real Estate

Nothing for rates. I think it will hurt them tremendously & we interact with their economy.

Jun 21, 2016 04:51 AM
Ambassador
1,161,685
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I doubt it will have any impact on your interest rates.  However, your own election very well might!

Jun 21, 2016 03:57 AM
Ambassador
693,212
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Costa Mesa, CA
#MortgageMadeEasy Costa Mesa, CA 484-680-4852

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 ; )

Jun 21, 2016 03:54 AM
Rainmaker
3,481,960
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't think this will have any impact on our interest rates.

Jun 21, 2016 03:33 AM
Rainmaker
2,130,363
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Question to consider:  If Britain were not currently in the European Union, do you think they would vote to join?

Jun 21, 2016 10:51 PM
Rainmaker
1,689,263
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

I don't believe it will impact our interest rates at all.

Jun 21, 2016 10:44 PM
Rainmaker
580,744
Jennifer Mackay
Keller Williams Success Realty - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Doubt it will affect our rates

Jun 21, 2016 09:23 PM
Rainmaker
198,190
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Don't think so Bill Polack 

Jun 21, 2016 03:05 PM
Rainmaker
1,662,308
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I don't think it will affect our rates.

Jun 21, 2016 02:13 PM
Rainmaker
2,988,131
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

Bill,

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?

A

Jun 21, 2016 03:44 AM
Rainmaker
778,824
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

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.

Jun 22, 2016 10:15 AM
Rainer
3,115
Anna Zimmerman NMLS #1007702
First Community Financial Bank - Naperville, IL
Mortgage Loan Originator

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.

Jun 22, 2016 02:52 AM
Rainmaker
2,462,636
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

This falls into the area known as "beyond my control".   

Jun 22, 2016 01:30 AM
Ambassador
1,458,252
Harry F. D'Elia
Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I think they will go up if they leave.

Jun 21, 2016 11:38 PM
Rainmaker
2,006,782
Will Hamm
Hamm Homes - Denver, CO
"Where There's a Will, There's a Way!"

Hope not but it could happen

Jun 21, 2016 11:32 PM
Rainmaker
2,028,281
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Interest rates may fluctuate a bit but nothing significant! Probably won't happen anyway!

Jun 21, 2016 10:18 PM
Rainmaker
3,776,160
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Interest rates will go up regardless of what they do.

Jun 21, 2016 09:44 PM
Rainmaker
569,343
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

It may cause a ripple but nothing long term for our rates.

Jun 21, 2016 07:09 PM
Ambassador
3,169,128
Praful Thakkar
Keller Williams Realty - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Bill Polack - most likely we should not have any impact - however I am no expert at that...

Jun 21, 2016 03:53 PM
Ambassador
2,529,841
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

up of course

Jun 21, 2016 03:03 PM
Ambassador
3,579,432
Patricia Kennedy
Evers & Company Real Estate, Inc. - Washington, DC
For Your Home in the Capital

I have no clue.

Jun 21, 2016 02:40 PM
Rainmaker
571,383
Olga Simoncelli
Veritas Prime, LLC - New Fairfield, CT
Broker-Owner, RE Consultant, Licensed in CT & NY

They probably will not leave and our interest rates are geared to our own economy.  No crystal balls here.

Jun 21, 2016 01:43 PM
Ambassador
1,636,052
Fred Griffin
Frederick Griffin, Exclusive Buyer's Broker - Tallahassee, FL
Licensed Florida Real Estate Broker

   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.

Jun 21, 2016 01:02 PM
Rainmaker
1,132,324
Marc Swartz, CPA, CA, Real Estate Broker
Royal LePage Vision Realty, Brokerage, Direct: (416) 737-9800, Office: (416) 321-2228 - Toronto, ON
Toronto, Durham & York Regions, Ontario, Canada

I don't have a crystal ball.  However, if there is an effect, it will probably be different in various parts of the world.

Jun 21, 2016 12:26 PM
Rainmaker
2,984,511
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I am guessing both

Jun 21, 2016 12:26 PM
Rainer
135,529
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

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.

Jun 21, 2016 11:55 AM
Rainmaker
665,714
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

stays same as Ellen stated this AM.

Jun 21, 2016 11:53 AM
Rainmaker
2,108,049
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

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. 

Jun 21, 2016 10:47 AM
Ambassador
2,996,528
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

I don't know but I think John Meussner makes a good point. But I'm betting Britain stays in

Jun 21, 2016 09:26 AM
Ambassador
2,903,568
Debbie Reynolds
Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It will rock the financial world a little so I expect to see a movement upwards.

Jun 21, 2016 08:51 AM
Rainmaker
2,069,995
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Not so much interest rates but it disturbs the whole existing structure of current business.

Jun 21, 2016 06:44 AM
Rainmaker
805,454
Corinne Guest, Managing Broker
Barrington Realty Company - Barrington, IL
The Choice of Professionals

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.

Jun 21, 2016 06:34 AM
Rainmaker
1,185,528
Sandy Padula and Norm Padula, JD, GRI NMLS#1483386
Allison James Estates & Homes & Realty One - Carlsbad, CA
Presence,Persistence & Perseverance

No effect at all.

Jun 21, 2016 06:28 AM
Rainmaker
3,348,079
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No idea

Jun 21, 2016 06:27 AM
Rainmaker
3,526,799
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

sounds like a crap shoot to me!!!

Jun 21, 2016 05:52 AM
Ambassador
930,302
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

The Fed already held off on a quarter point rate becuase of Brexit so I would assume that rates stay low.

Jun 21, 2016 05:44 AM
Rainmaker
1,061,879
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

 Many good responses to your question Bill Polack 

Jun 21, 2016 04:37 AM
Rainmaker
194,941
Ken Jones
RE/MAX at Barnegat Bay - Toms River, NJ
ASA, SCGREA

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.

Jun 21, 2016 04:07 AM
Rainmaker
63,953
Cody Carmen
Adhi Schools, LLC - Rancho Cucamonga, CA
Market Analysis--Educational Content, Adhi Schools

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. 

Jun 21, 2016 03:45 AM