Latest News

The average 30-year fixed mortgage rate rose to 6.46% this week, the highest level in seven months; mortgage applications decreased 10.4% from one week earlier; national home price growth decelerated […]

Overview Due to the holiday, the Lock Desk will close early on Friday, April 3rd at noon Pacific Daylight Time and will not be accepting any new locks or re-locks […]

Mortgage applications decreased 10.5% from one week earlier; sales of newly built single-family homes slumped more than 17% on a seasonally adjusted monthly basis in January; 1 in 5 sellers […]

Year-over-year pending home sales increased 1.8% in February; mortgage rates hit their highest point this year, rising 11 basis points to 6.30%; mortgage applications decreased 10.9% from one week earlier; […]

Nearly 45,000 U.S. homes pulled from the market last year were relisted in January 2026, a decade high; mortgage applications increased 3.2% from one week earlier; existing home sales in […]

Mortgage applications increased 11.0% from one week earlier; the average 30-year fixed mortgage was 6% for the week ending March 5; the U.S. housing supply gap widened to 4.03 million […]

Overview Effective March 2, 2026, Carrington Mortgage Services, LLC (CMS) will qualify all Fixed, ARM and Interest-Only Carrington Investor Advantage loans using the Note Rate. Please Note: The updates listed […]

Mortgage rates fell below 6% for the first time in more than three years; mortgage applications increased 0.4% from one week earlier; annual home price growth ended 2025 at 1.3%, […]

Overview This announcement serves as a reminder that Carrington Mortgage Services, LLC (CMS) requires the use of Computershare Trust Company, N.A. as the custodian for all Non-Agency / Non-QM loan […]

U.S. mortgage rates fell to their lowest level in more than three years; mortgage applications increased 2.8% from one week earlier; January new home purchase mortgage applications increased 2%; pending […]