Latest News Author: Travis Peterman

Mortgage applications decreased 9.7% from two weeks earlier; impairments to non-qualifying mortgage pools rose in November at their fastest pace in the sector’s history; mortgage credit availability fell by 2.6% […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, January 19, 2026 for Martin Luther King Jr. Day, which is a […]

The average rate on 30-year fixed home loans decreased to 6.15% for the week ending Dec. 31; annual growth held steady at 1.4% in October; U.S. house prices rose 0.4% […]

New home purchase activity was up 3% on an annual basis in November; mortgage applications decreased 3.8% from one week earlier; U.S. pending home sales fell 5.8% from a year […]

Home prices went negative for the first time in two years, down 1.4% in the last three months; mortgage credit availability increased for the fifth consecutive month in November to […]

Overview During the 2025 holiday season, the offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will observe the following schedule: Wednesday, December 24, 2025 – closed for […]

The 30-year fixed-rate mortgage averaged 6.19% as of Dec. 4, 2025, a decrease from the previous week’s average of 6.23%; mortgage applications decreased 1.4% from one week earlier; Thanksgiving week […]

Pending home sales increased 1.9% in October from the previous month and fell 0.4% year over year; U.S. house prices rose 2.2% between Q3 2024 and G3 2025; the value […]

Mortgage applications decreased 5.2% from one week earlier; sales of previously owned homes in October rose 1.2% from September; mortgage applications for new home purchases decreased 2.6% in October compared […]

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 […]