Latest News Author: Travis Peterman

The U.S. spring home-buying season had its weakest start in five years; mortgage applications increased 1.1% from one week earlier; the number of homes for sale rose to the highest […]

Mortgage applications increased 11% from one week earlier; Fannie Mae’s Home Purchase Sentiment Index ticked up slightly to 69.2; U.S. housing inventory reached its highest level since the pandemic began; […]

Overview The Lock Desk will be closed on Monday, May 26, 2025 for Memorial Day, which is a Federal Holiday.  Normal lock hours will resume on Tuesday, May 27, 2025. […]

Pending home sales jumped 6.1% in March; mortgage applications decreased 4.2% from one week earlier; interest rates fell for the second week in a row, from 6.76% from 6.81%; Fannie […]

The new digital language platform helps bridge the communication gap between borrowers and lenders by displaying essential mortgage disclosures, documents and borrower communications in the customer’s language of choice. ANAHEIM, […]

Overview Due to severe storms, straight-line winds, tornadoes, flooding, landslides, and mudslides in Kentucky, FEMA has declared the following counties a disaster. Incident Period: April 2, 2025 and continuing State […]

Contract closings decreased 5.9% last month to an annualized rate of 4.02 million, while new home sales increased by 7.4%; mortgage applications decreased 12.7 percent from one week earlier; nationwide, […]

Overview On Friday April 18th, the Carrington Mortgage Services Lock Desk team is open and available to assist with any issues on loans, but will not be accepting any new […]

The average rate on a 30-year fixed loan plunged 12 basis points to 6.63%; mortgage applications decreased 1.6% from one week earlier; new listings climbed 10.2% year-over-year, marking the highest […]

Overview Due to severe storms, straight-line winds, flooding, landslides, and mudslides in West Virginia, FEMA has declared the following counties a disaster. FEMA has established the Incident Period End Date […]