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Overview Due to a severe storms, flooding, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster.   Incident Period: July 26, 2022 and continuing State FEMA […]

The Federal Reserve raised the Fed Funds Rate by .75% in a widely expected move while home loan rates continue to be well off the highest levels in June. Let's […]

Last Week in Review: It's Fed Week The quiet before the storm. This past week, Fed officials were literally "quiet" with no speeches ahead of next week's Fed Meeting where […]

Overview Due to a severe storm and flooding in Montana, FEMA has declared the following counties a disaster. FEMA has updated the declaration to add an end date of July […]

Overview As previously announced, effective July 5, 2022, Carrington Mortgage Services, LLC (CMS) began accepting loan submissions for the Investor Advantage program where Brokers are exempt from state licensing. Brokers […]

Last Week in Review: The Big Rate Hike This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let's walk through […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, June 20, 2022 for Juneteenth National Independence Day, which is a Federal […]

Last Week in Review: Three New Concerns for the Fed This past week, home loan rates increased slightly from the previous week as we are just a couple of days […]

Last Week in Review: The Feds Job on Jobs Home loan rates increased slightly from the previous week as we are just a couple of weeks before the next Fed […]

Last Week in Review: Some Good News on Rates This past week, home loan rates improved to the best levels in a month. The 10-yr Note yield closed beneath 2.80% […]