The 30-year fixed mortgage rate averaged 6.35% for the week ending September 11, down from 6.50% last week; mortgage applications increased 9.2% from one week earlier; refinances rose to 26% […]
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Overview Due to severe storms, straight-line winds, flooding, and mudslides in Wisconsin, FEMA has declared the following counties a disaster. Incident Period: August 9, 2025 - August 12, 2025 State […]
Mortgage applications decreased 1.4% from one week earlier; sales of previously owned homes rose 2% in July compared with June to 4.01 million units; originations climbed 5% YoY in Q1 […]
Overview Due to severe storms, flooding, and landslides in New Mexico FEMA has declared the following county a disaster. FEMA has established an Incident Period end date and an additional […]
Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, September 1, 2025 for Labor Day, which is a Federal Holiday. Normal […]
Overview Due to severe storms, straight-line winds and flooding in Texas, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: July 2, 2025 […]
Overview As a reminder, Carrington Mortgage Services, LLC (CMS) requires use of Computershare Trust Company, N.A. as the Custodian for all Non-QM Loan collateral package documents. Correspondents must provide an […]
Overview Due to severe storms, flooding, and landslides in New Mexico FEMA has declared the following county a disaster. Incident Period: June 23, 2025 and continuing State FEMA Disaster Declaration […]
Overview Due to severe storms, straight-line winds, flooding, landslides, and mudslides in West Virginia, FEMA has declared the following counties a disaster. Incident Period: June 14, 2025 - June 15, […]
Mortgage applications increased 0.8% from one week earlier; new listing fell 3.2% to their lowest level in two years; sales of previously owned homes in June fell 2.7% from May; […]