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The housing market remained stable this week, although affordability remains a problem; mortgage applications decreased; existing home sales slipped 5.4 percent; housing inventory continues to grow, although nearly two-thirds of […]

This week saw an increase in mortgage applications; national house price growth slowed for the sixth consecutive month; foreclosure filings decreased in Q1; home prices show signs of slowing down; […]

This week saw a decrease in mortgage applications; homebuyer sentiment is on the rise; homeownership became less affordable in Q2; the number of homes actively for sale was notably higher […]

Overview Due to severe storms, flooding, straight-line winds and tornadoes in Iowa, FEMA has declared the following county a disaster. Incident Period: June 16, 2024 and continuing State FEMA Disaster […]

This past week interest rates moved lower, approaching levels last seen in March. Let's discuss why and look into the week ahead. One or Two? At the recent Fed meeting, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Thursday, July 4, 2024 for Independence Day, which is a Federal Holiday. In addition, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk, will be closed on Wednesday, June 19, 2024 for Juneteenth National Independence Day, which is a Federal […]

This past week the Federal Reserve decided not to cut rates and shared their updated forecast on the economy. Let's discuss what was said and what's ahead for the upcoming […]

Interest rates dropped to the lowest levels in the last two months. Let's discuss why and what's next. Economic Deceleration In the past couple of weeks, there have been many […]

This past week interest rates moved sharply higher in response to a host of unfriendly bond news. Let's discuss what happened and what to watch for in the weeks ahead. […]