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Updated over 8 years ago, 07/18/2016

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Chris Mason
Pro Member
  • Lender
  • California
10,776
Votes |
9,925
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BREXIT refi boom is coming to a close.

Chris Mason
Pro Member
  • Lender
  • California
ModeratorPosted

Some end-lenders are starting to ding their interest rate pricing a bit, it appears that this is for no other reason than because so many underwriters/processors/etc are currently being paid so much overtime since BREXIT hit that it's throwing numbers off. Normally, it's stuff on Wall St that impacts interest rate pricing, not HR stuff related to processors/underwriters/etc working 75 hour weeks when 40 is the norm.

If you've been in the paralysis by analysis cycle for a week, or six months, or whatever, regarding the financing of any real estate you own ("do I pull cash out or not?" etc), now would be a good time to either do your business or get out of the washroom. 

  • Chris Mason
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