Latest News Archives

Overview Effective July 17, 2023, Carrington Mortgage Services, LLC (CMS) is pleased to introduce a new temporary rate buydown program which provides affordable options for prospective homebuyers.  Temporary buydowns are […]

Last week in Review: Markets Pleased As Inflation Eased Last week interest rates improved significantly as the markets responded to the softest inflation reading in over two years. Let's discuss […]

Last week in Review: Good Economic News is Bad News for Rates Last week, interest rates spiked on good economic news as fears of a recession fade. Let's discuss the […]

Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: […]

Interest rates continued their sideways trend as we close the first half of 2023. Let's discuss what happened last week and look into the future. The European Central Bank forum […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed Tuesday, July 4, 2023 for Independence Day, which is a Federal Holiday. Normal lock […]

Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: […]

Last week, interest rates held near the best levels in a month as Fed Chair Powell testified on Capitol Hill. Let's discuss the big news last week and gear up […]

Overview Effective Monday, June 19, 2023, Carrington Mortgage Services, LLC (CLS) will introduce the following changes for the Non-QM Loan Programs: Add new 40-Year Fixed Rate options for Full Doc, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, June 19, 2023 for Juneteenth National Independence Day, which is a Federal […]