Latest News Archives

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Friday, November 10, 2023 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk […]

This past week home loan rates touched the highest levels in this century. Let's talk about the recent headwinds for interest rates and other big events as we march toward […]

It was another wild week in the financial markets with interest rates backing away from the highest levels in decades. Let's discuss what happened and look at the news to […]

Overview Due to Hurricane Idalia in Georgia, FEMA has declared the following counties a disaster. Additional counties are shown in bold. Incident Period: August 30, 2023 State FEMA Disaster Declaration […]

Overview Due to Hurricane Idalia in Florida, FEMA has declared the following counties a disaster. Additional counties are listed in bold. Incident Period: August 27, 2023 – September 4, 2023 […]

This past week interest rates touched the highest levels in decades. Let's discuss what happened and see what to watch for as the 4th Quarter begins. Ouch The U.S. bond […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed Monday, October 9, 2023 in observance of Columbus Day, which is a Federal Holiday. […]

This past week, the minutes from the July Fed Meeting were released. The news didn't help home loan rates, which ticked up to the peaks of last year. Let's look […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Non-QM program underwriting updates (highlighted in red). Please note this is an abbreviated summary of the guideline changes […]

Inflation perked up, yet interest rates improved from key levels. Let's walk through the big financial news of last week as we approach this Wednesday's Fed Meeting. Tale Of Two […]