«We
foresee little immediate impact on the U.S. multifamily market, largely because the United States is a relatively small trading partner,» the report stated, «but the real danger is the potential that the process of splitting the European Union could create upheaval in global financial markets.»
Now it appears that the market has factored their exit in the prices paid for MBS and the end of the MBS purchase program will have
little immediate impact on rates.
The U.S. withdrawal will have
little immediate impact.
There is likely to be
little immediate impact on the deal side as the summer months often prove slower, but he said the true impact will start to be felt in the third quarter.