NMB Welcomes Michael Brennan as President
Nationwide Mortgage Bankers Inc. (NMBNOW), recognized as one of America’s fastest-growing mortgage companies, proudly announces the appointment of Michael Brennan as its new President. Brennan, a seasoned mortgage industry leader, brings over 25 years of extensive experience and a remarkable track record of fostering growth and innovation. Previously serving as President of Movement Mortgage, Brennan […]
Capital Market Update for March 10, 2025
Insights and Analysis: Mortgage and Real Estate Capital Markets Update with Jeff Rosato, SVP of Capital Markets at Nationwide Mortgage Bankers. Key Takeaways: Bond Market Trends and Fed Outlook Mortgage rates have been steadily declining for seven weeks, giving homebuyers more purchasing power and increasing refinance activity. This week, the focus is on upcoming inflation […]
Capital Market Update for March 3, 2025
Insights and Analysis: Mortgage and Real Estate Capital Markets Update with Jeff Rosato, SVP of Capital Markets at Nationwide Mortgage Bankers. Key Takeaways: Bond Market Trends and Fed Outlook Mortgage rates have been slowly declining for six consecutive weeks, with the average 30-year fixed rate now at 6.76%, and the 10-year Treasury yield dropping to […]
Capital Market Update for February 24, 2025
Insights and Analysis: Mortgage and Real Estate Capital Markets Update with Jeff Rosato, SVP of Capital Markets at Nationwide Mortgage Bankers. Key Takeaways: Bond Market Trends and Fed Outlook Mortgage rates have been gradually decreasing for the past five weeks but remain high at around 7% as the market waits for signals from the Federal […]
Lucky to Own: How Buying a Home Can Change Your Life
March is a month full of luck and good fortune, but you don’t need a four-leaf clover to enjoy the rewards of homeownership. Here are some fun and inspiring reasons why buying a home could be your best decision yet. Here are five reasons why: 1. Create a Space That’s All Yours One of the […]
Capital Market Update for February 10, 2025
Insights and Analysis: Mortgage and Real Estate Capital Markets Update with Jeff Rosato, SVP of Capital Markets at Nationwide Mortgage Bankers. Key Takeaways: Bond Market Trends and Fed Outlook Mortgage rates have remained stable, but upcoming inflation data and Federal Reserve speeches could drive market volatility this week. Meanwhile, January’s job report showed signs of […]
Capital Market Update for February 3, 2025
Insights and Analysis: Mortgage and Real Estate Capital Markets Update with Jeff Rosato, SVP of Capital Markets at Nationwide Mortgage Bankers. Key Takeaways: Bond Market Trends and Fed Outlook Mortgage rates have remained steady, with the 30-year fixed rate holding at 6.95% and the 10-year Treasury yield slightly decreasing to 4.50%. The Federal Reserve kept […]
Capital Market Update for January 27, 2025
Insights and Analysis: Mortgage and Real Estate Capital Markets Update with Jeff Rosato, SVP of Capital Markets at Nationwide Mortgage Bankers. Key Takeaways: Bond Market Trends and Fed Outlook Mortgage rates remain elevated but have shown slight improvement recently, with a small decrease in the average 30-year fixed rate. The housing market is facing challenges […]
From Balloon Payments to Modern Mortgages: A Century of Homeownership Evolution
From Balloon Payments to Modern Mortgages: A Century of Homeownership Evolution The journey of mortgages in America has been shaped by economic shifts, government reforms, and market innovations, making homeownership more accessible over time. Today, despite market fluctuations, buying a home remains a solid investment for several reasons. From the restrictive terms of the early […]
Capital Market Update for January 20, 2025
Insights and Analysis: Mortgage and Real Estate Capital Markets Update with Jeff Rosato, SVP of Capital Markets at Nationwide Mortgage Bankers. Key Takeaways: Bond Market Trends and Fed Outlook This week’s market update highlights rising mortgage rates, despite recent cuts to the Federal Reserve’s benchmark rate. Inflation is slowing down, but it’s still above the […]
