REACH THE RIGHT SOLUTION AT THE RIGHT TIME!
Contact NMSI
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.
CONTACT US
 

Mortgage Rates Fairly Flat; Still Waiting on Europe; First Time Buyers Younger, Poorer, Less Savvy, but NOT Riskier

Mortgage Rates Fairly Flat; Still Waiting on Europe; First Time Buyers Younger, Poorer, Less Savvy, but NOT Riskier

Mortgage rates didn't move much today , but are slightly higher for most lenders by the afternoon. Rates were noticeably higher in the morning, but most lenders sent out rate sheet improvements after bond markets rallied into mid-day. A "rally" in bond markets means the prices for things like Treasuries and Mortgage-backed securities (the MBS that dicatate mortgage rates) are moving higher. Rising bond prices mean lower rates on rate sheets. Being unchanged on a day like today is a surprise . The weekend held a big meeting between Greece and its Eurozone creditors. It was billed as the weekend that would decide if Greece remained in the Eurozone. In general, the closer Greece moves to that door, the better it is for rates, and vice versa if deals are being struck. In other words, if Greece
No Comments

Sorry, the comment form is closed at this time.