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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 moved only moderately higher on Wednesday after the Fed rocked the bond market with its updated rate forecasts. To reiterate yesterday's analysis, it's not that the market is expecting the Fed to be accurate in those forecasts. Rather, the forecasts help investors understand how the Fed's approach will be calibrated going forward.
In simpler terms, the Fed doesn't think rates are too high right now. If anything, they might need to go higher. Moreover, they won't go lower until economic data really starts to deteriorate in a compelling way.
Unfortunately, this morning's most relevant economic report didn't deteriorate at all (weekly jobless claims were 201k versus a median forecast of 225k). Actually, it's fortunate for the economy, but unfortunate for interest rates .