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 Leak to 1-Month Highs; FHFA Calls for Big Fannie/Freddie Changes

Mortgage Rates Leak to 1-Month Highs; FHFA Calls for Big Fannie/Freddie Changes

It's been slow and steady, to be sure, but mortgage rates finally inched their way up to the highest levels in more than a month today, depending on the lender. Some rate sheets were in line with April 9/10th levels while a few lenders were back in territory not seen since March 31st. Interestingly enough, the higher rates arrive amid modest improvement in bond markets. Typically, bond market improvement results in lower mortgage rates, but in today's case, lenders were getting caught up with yesterday afternoon's weakness. In other words, bonds lost ground yesterday and not every lender had the time or will to respond to the market movement in the form of mid-day rate sheet changes. Instead, they waited until this morning to make the adjustment. While the move higher does bring the dubious
No Comments

Sorry, the comment form is closed at this time.