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Overview Due to severe storms, straight-line winds, tornadoes and flooding in Arkansas, FEMA has declared the following counties a disaster. Incident Period: May 24, 2024 – May 27, 2024 State […]

Last Week in Review: Banking Fears Ease This past week, home loan rates ticked higher from the previous week in response to no dire news in the banking sector. Let's […]

Overview Due to a severe storm, straight-line winds, and tornadoes in Mississippi, FEMA has declared the following counties a disaster. Incident Period: March 24, 2023 - March 25, 2023 State […]

Last Week in Review: Fed Raises Rates, Home Loan Rates Decline This past week, home loan rates hovered near the lowest levels in over a month as the Federal Reserve […]

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 […]

Last Week in Review: SVB Bank Fallout and Rates This past week, home loan rates improved to their lowest levels in a month in response to the closures of Silicon […]

Overview Due to a severe winter storm and snowstorm in New York, FEMA has declared the following counties a disaster. Incident Period: December 23, 2022 - December 28, 2022 State […]

Last Week in Review: Powell Visits Capitol Hill This past week, Fed Chair Powell testified on Capitol Hill and his words sent rates higher. Let's walk through what happened and […]

Last Week in Review: Inflation and The Fed Dominate Markets This past week, home loan rates touched their highest levels since November. Let's walk through what happened and mention the […]