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 Steady Despite Market Weakness; Bonds Improve After Turkey Headlines; How The Fed Could Surprise You

Rates Steady Despite Market Weakness; Bonds Improve After Turkey Headlines; How The Fed Could Surprise You

Mortgage rates have been moving higher, in general, this week. That upward momentum tends to coincide with weakness in broader bond markets. For instance, when yields on US Treasuries are moving higher, mortgage rates usually are as well. That's no surprise considering the bonds that underlie mortgages (MBS) are well-correlated with Treasuries. But what IS a surprise is that rates held steady today even as bond markets suggested a move higher. Granted, we've seen more of this behavior lately where lenders won't adjust their rates right away to match the market, but today seemed to defy a bit more logic than other recent examples. While today's surprisingly steady rates are a welcome sight, that alone isn't enough to defeat the negative trends set in motion this week. The concern is that early
No Comments

Sorry, the comment form is closed at this time.