Welcome to Nationwide Management Services, Inc.
Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
Rates have calmed down after some unfortunate and unexpected volatility at the beginning of the week. The average lender is offering just slightly higher rates than they were yesterday morning. Other lenders raised rates yesterday and were fairly close to 'unchanged' today.
Mortgage rates are driven by movement in the bond market. Combine that with the fact that bond trading has shifted into "holiday mode" and we're basically waiting until the 2nd week of January before we get a clearer sense of the next leg of rate momentum. Between now and then, random volatility inside a reasonably narrow range is the name of the game.
The average lender remains in the mid to lower 6's for top tier conventional 30yr fixed rate quotes.
Tomorrow is a half day for the bond market, but there