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 Rise Gently From Long Term Lows; New Evidence Changing Fate of GSEs?

Rates Rise Gently From Long Term Lows; New Evidence Changing Fate of GSEs?

Mortgage rates pulled up just slightly today after spending the past few days near 3-year lows. The weakness in rates is in line with our discussion yesterday regarding the fact that bond markets were already suggesting a small move higher, but that quite a few lenders held-off adjusting rate sheets in the middle of the day. The underlying assumption was that--all things being equal--we were due a bit of a move higher today, simply because we avoided it yesterday largely due to timing. Indeed, it's those lenders that abstained yesterday who are more noticeably weaker today. Even so, we're not talking about huge changes. The most prevalent conventional 30yr fixed rate quote remains 3.625% on top tier scenarios, and there are still a few aggressive lenders down at 3.5%. That means most of today
No Comments

Sorry, the comment form is closed at this time.