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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Latest News Archives
President’s Day Holiday – Lock Desk Hours and Key Compliance Dates
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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 […]
Rates Improve to Finish January
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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 […]
Farewell to March Rate Cut
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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 […]
Rate Cut Bets Slashed
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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 […]
Rates Improve and Housing Finds its Groove
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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 […]
FEMA Disaster Declaration for Rhode Island
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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 […]
Starting Off on the Wrong Foot
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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 […]
Martin Luther King Jr Holiday – Lock Desk Hours and Key Compliance Dates
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Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, January 15, 2024 for Martin Luther King Jr. Day, which is a […]
Updated FEMA Disaster Declaration for Tennessee
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Overview Due to severe storms and tornadoes in Tennessee, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: December 9, 2023 State FEMA […]
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