#BREXIT: Go day-trade your mortgage on Friday 6/24/2016. Really.

[Chris Mason]

Honestly, I have no idea what the future will hold. Also as always, day-trading is bad and the Real Estate Gods will screw you 9 times out of 10 that you try it.

But a picture like this below tells me that interest rate pricing on 6/24/2016 will be staggeringly different from where it was at today or yesterday.... or at any point within the last 12 months. This might very well be the 10th time out of 10, where the Real Estate Gods are trumped by the market.

It's going to be way better, or way worse. Usually 10 year t-note being stupid low means it'll be way better for borrowers. 

But either way, if you've got a refinance that's been on your to-do list, Friday 6/23/2016 would be a good day to call your trusted loan professional. If you're in escrow and have been on the fence about locking, please go have that conversation tomorrow at 9 am.

As always, do not contact me if you are not in California or if you already have a relationship with a trusted mortgage professional (unless you're just pissed off at her or him for not being the one to make you aware of this, of course). 

Good luck with your day trading!

(Also: Never day-trade.)