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 Pushing July Lows; More Metros Cresting Pre-Crash Peaks; Strong Dollar Deterring Foreign Buyers

Rates Pushing July Lows; More Metros Cresting Pre-Crash Peaks; Strong Dollar Deterring Foreign Buyers

Mortgage rates continued modestly lower for the 5th straight day, further extending Friday's push to the lowest levels of July. Even so, most borrowers will see the same rates on lenders quotes, with the improvements in the form of lower closing costs compared to Friday. The most prevalently quoted conventional 30yr fixed rates remain in a range between 4.0 and 4.125% for top tier scenarios. Recent gains help more and more lenders move to the lower end of that range, while a very small minority are at 3.875%. Last week's caution still applies: any time we see this many positive days in a row, rates are increasingly likely to pull back. This will only become more true if rates continue to improve, but there is no implicit commentary about how long such a pull-back would last or how far it would
No Comments

Sorry, the comment form is closed at this time.