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
 

Purchase Apps Fall, But Sharp Increase in Sales Expected; Rates Surge; American Dream Undervalued?

Purchase Apps Fall, But Sharp Increase in Sales Expected; Rates Surge; American Dream Undervalued?

Mortgage rates surged higher today, moving easily to new 4-year highs. Today's average conventional 30yr fixed rate is roughly one eighth of a percentage point higher than Wednesday of last week and more than half a point higher than the best rates seen in January. A half point increase would cost roughly $90/mo in terms of monthly payments on a $300k loan. In terms of actual "note rates" being quoted, 4.625% is now replacing 4.5% as the most prevalent quote on top tier scenarios. That said, it's worth noting that there's a fair amount of variability from lender-to-lender and day-to-day at the moment. This is typical for market conditions we're currently enduring. As expected, today's specific culprit was the Consumer Price Index report (CPI). This is the most important inflation report in
No Comments

Sorry, the comment form is closed at this time.