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The average 30-year fixed mortgage rate fell for the fourth straight week to 6.87%; applications to purchase newly constructed homes rebounded 19% from December; mortgage applications decreased 6.6% from one […]

Mortgage applications increased 2.3% from one week earlier; shelter prices accelerated last month, rising 0.4% versus 0.3% in December; home prices rose in Q4 2024 as nearly 90% of metro […]

Mortgage applications increased 2.2 percent from one week earlier; home prices increased year over year by 3.4% in December 2024 compared with December 2023; Inventory remains elevated and prices continue […]

Overview Carrington Mortgage Services, LLC (CMS) is implementing the following guideline changes for third-party originated FHA loan submissions (excluding Streamline loans) when the qualifying FICO score is 640 or less. […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed on Monday, February 17, 2025 for President’s Day, which is a Federal Holiday. Normal […]

Existing home sales grew by 2.2% in December, although pending home sales dropped 5.5% that same month; mortgage applications decreased 2% from one week earlier; new single-family home sales accelerated […]

Mortgage applications showed a slight increase this week; applications for newly built homes increase 9%; pending homes sales fell 4.5%, the largest decline since October 2022; the national delinquency rate […]

Please be advised effective immediately, the $100 VA Authorized Agent Sponsorship fee may now be paid by Credit Card in addition to check. To pay by Check, attach a check for $100.00 made payable […]

This week, mortgage applications decreased 3.7%; new listings increased 8% year over year during the four weeks ending December 29; credit availability increased slightly in December; the Freddie Mac rate […]

Overview Due to wildfires and straight-line winds in California, FEMA has declared the following county a disaster. Incident Period: January 7, 2025 and continuing State FEMA Disaster Declaration Counties California […]