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This week, interest rates touched the lowest levels in two months on the idea that inflation may have peaked. Let's break down what happened. 10-yr Note Touches 3.67% The 10-yr […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Thursday, November 24, 2022 and Friday, November 25, 2022 in observance of Thanksgiving, which is a federal […]

Last week, interest rates moved a bit sideways after Election Day and only added to the uncertainty as ballots continue to be counted. Let's discuss what happened and look into […]

Overview Effective for all loan submissions received on and after January 1, 2023, Carrington Mortgage Services, LLC (CMS) will implement the following Wholesale fee schedule. The new CMS Underwriting Fees […]

Last Week in Review: Powell Press Conference Shakes Markets This week interest rates revisited 2022 highs in response to the Fed meeting, where the Federal Reserve raised the Fed Funds […]

Overview Effective November 3, 2022, Carrington Mortgage Services, LLC (CMS) will begin charging a new Closing Fee on Iowa Wholesale loan file submissions. Formerly, CMS did not charge Lender fees […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Friday, November 11, 2022 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk […]

Last Week in Review: Central Bank Step Down         This past week we watched interest rates improve nicely on the notion that central banks around the globe […]

Last Week in Review: Higher Prices and Higher Rates in a Global Issue This past week we watched the 10-year yield hit a fresh 14-year high, closing above 4.00%. As […]

Last Week in Review: Inflation Remains High, Markets Looking Forward This past week, we witnessed the highest consumer inflation reading in 40 years and the markets responded. Let's walk through […]