Experts say that investors are searching for safe places to park money, especially with the Brexit seeming more likely. This "flight to safety" spells lower yields on government bonds of trustworthy countries such as Germany, Japan and the United States.
Mortgage rates usually move in the same direction as mortgage bond yields, and they have been falling in the past 3 weeks. In the world of finance, everything is connected. So if you're shopping for a mortgage and you hear that German government bonds are yielding below zero - that would be a great time to seal the deal.
Whether you're buying a new home or just looking to refinance your existing mortgage, we have multiple terms available to suit your specific needs. For more information, contact Personal Lending Group's website at http://personallendinggroup.com.
Personal Lending Group
This release was issued through WebWire(R). For more information visit http://www.webwire.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/personal-lending-group-says-why-you-should-care-about-brexit-300292614.html
SOURCE Personal Lending Group