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Latest News Archives

Inflation News Gives Bonds the Blues

This past week interest rates spiked to the highest levels since November. Let's review what happened and what to watch for in the week ahead. Higher inflation, Higher rates The […]

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Little News, Little Movement

This past week there were only a few economic reports for markets to digest. As a result, rates remain stuck near key levels. Let's talk about what happened and look […]

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FEMA Disaster Declaration for Maine

Overview Due to severe storms and flooding in Maine, FEMA has declared the following counties a disaster. Incident Period: December 17, 2023 - December 21, 2023 State FEMA Disaster Declaration […]

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President’s Day Holiday – Lock Desk Hours and Key Compliance Dates

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed on Monday, February 19, 2024 for President’s Day, which is a Federal Holiday. Normal […]

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Rates Improve to Finish January

This past week the Federal Reserve paused a hike of rates for the fourth consecutive time. Interest rates ticked down to the best levels in nearly a month. Let's discuss […]

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Farewell to March Rate Cut

This past week interest rates ticked up to the highest levels in over a month. Let's talk about the drivers for this move as we approach the big Fed meeting […]

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Rate Cut Bets Slashed

Financial markets continue their bumpy ride in 2024, as interest rates crept higher while stocks sell off. Once again, the Federal Reserve is front and center and a reason for […]

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Rates Improve and Housing Finds its Groove

After a multi-month decline in interest rates, we are seeing positive momentum in housing emerge. Let's look at some of the numbers from last week and highlight events to watch […]

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FEMA Disaster Declaration for Rhode Island

Overview Due to Hurricane Idalia in Florida, FEMA has declared the following counties a disaster. Update: Additional counties have been added (shown in bold) and the Incident Period End Date […]

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Starting Off on the Wrong Foot

Financial markets started off the new year on the wrong foot, and interest rates inched higher. Let's discuss what happened and look at next week's events. Fed Minutes Released On […]

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Equal Housing Opportunity An Equal Housing Opportunity Lender. Copyright 2007 - 2025 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines.  Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.com.

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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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