Latest News Author: Travis Peterman

Mortgage applications increased 0.6% from one week earlier; total mortgage rate lock volume fell 4% month over month; new foreclosures jumped 20% in October, a sign of more distress in […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Thursday, November 27, 2025 and Friday, November 28, 2025 in observance of Thanksgiving, which […]

Mortgage applications decreased 1.9% from one week earlier; Cotality’s Home Price Index showed national year-over-year price growth slowing to just 1.2%, down from 2.7% in September 2024; the median first-time […]

Mortgage applications increased 7.1% from one week earlier; the average rate on the 30-year fixed mortgage jumped to 6.33% following the most-recent Fed cut; homeowner equity levels appear to be […]

Overview Due to severe storms, straight-line winds, flooding, and remnants of Typhoon Halong in Alaska, FEMA has declared the following counties a disaster. Incident Period: October 8, 2025 - October […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Tuesday, November 11, 2025 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk […]

Mortgage rates fell to their lowest level of 2025 at 6.19%; mortgage applications decreased 0.3% from one week earlier; sales increased 1.5% in September; the typical home that sold last […]

Mortgage applications decreased 1.8% from one week earlier; mortgage applications for new home purchases increased 2.0% compared from a year ago; a Realtor.com Gen Z survey finds that 82% of […]

Mortgage applications decreased 4.7% from one week earlier; mortgage credit availability increased to its highest level in four months; 93% of Americans says housing costs are too high; homebuyer affordability […]

Mortgage applications decreased 12.7% from one week earlier; pending home sales in August increased by 4.0% from the prior month and rose 3.8% YOY; the S&P Cotality Case-Shiller National Home […]