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Overview Due to severe winter storms, straight-line winds and tornadoes in Tennessee, FEMA has declared the following counties a disaster. Incident Period: March 31, 2023 - April 1, 2023 State […]

Last week home loan rates remained steady and near their best levels in six months. Let's discuss what happened and the technical factors that are limiting further rate improvement. Consumer […]

Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Incident Period: February 21, 2023 and Continuing State […]

Last Week in Review: Dark Clouds Helping Rates Home loan rates reached their best levels in two months on the heels of not-so-good news. Let's get into what happened and […]

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

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 […]