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 […]
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Latest News Archives
Rates Improve As Fed Tone Softens
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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 […]
Fed Pauses, Rates Decline
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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 […]
The Fed Was Quiet, The Markets Were Not
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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 […]
Veteran’s Day Holiday – Lock Desk Hours and Key Compliance Dates
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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 […]
Headwinds And Unsustainable Trends
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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 […]
Private Job Creations, Oil and Rates Fall
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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 […]
Updated FEMA Disaster Declaration for Georgia
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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 […]
Updated FEMA Disaster Declaration for Florida
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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 […]
Will Rates Continue to Rise in Q4?
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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 […]
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