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
 

Rates Are In Big Trouble, But Why? Could Home Prices Cool This Spring?

Rates Are In Big Trouble, But Why? Could Home Prices Cool This Spring?

Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn't go any higher, they did. New intraday highs of 1.394% in 10yr yields, and closing near the 1.37% inflection point. MBS aren't happy about it. When rates spike this quickly, MBS typically have to undergo a fast and painful repositioning of relevant coupons. The current iteration has seen 2.5 UMBS take the place of 1.5 coupons in just a few short weeks. But even 2.5 coupons got killed today. Multiple lenders repriced for the worse--some of them more than once. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Leading Economic Indicators 0.5 vs 0.5 f'cast Market Movement Recap 08:40 AM Heavy selling overnight in Asia. 10's hit highs of 1.394. Better buying in Europe despite stronger data
No Comments

Sorry, the comment form is closed at this time.