Latest News Archives

Overview During the 2023 holiday season Carrington Mortgage Services, LLC (CMS) offices, including the Lock Desk, will observe the following schedule: Monday, December 25, 2023 – closed for the Christmas […]

Home loan rates have enjoyed the sixth consecutive weekly decline as bond friendly news continues to hit the wires. Let's review what is happening in the financial markets, the economy […]

Home loan rates continued their decline which started at the beginning of November. Let's look at what happened this past week and prepare for the big news ahead. Bonds Enjoy […]

Overview Due to severe storms and flooding in Illinois, FEMA has declared the following county a disaster. Incident Period: September 17, 2023 - September 18, 2023 State FEMA Disaster Declaration […]

This past week interest rates held near the best levels in two months in response to bond-friendly news. Let's review what happened last week and look at what to watch […]

Overview The purpose of this bulletin is to provide a summary of recent Carrington Mortgage Services, LLC (CMS) FHA underwriting guideline updates (highlighted in red).  Please note this is an […]

Overview The Carrington Mortgage Services, LLC (CMS) offices, including the Lock Desk, will be closed Thursday, November 23, 2023 and Friday, November 24, 2023 in observance of Thanksgiving, which is […]

This past week, interest rates held steady and near the best levels in over one month. Let's look at what happened last week and peek into the week ahead. Treasury […]

This past week, the Federal Reserve did not raise rates, and long-term rates, like mortgages, declined to the best levels in a month. Let's discuss what happened and discuss the […]

This past week, home loan rates hovered near the highest levels in this century. Let's look at what moved the markets and look into the week ahead. European Central Bank […]