Latest News

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 […]

Mortgage credit availability increased in January; almost 5 million homeowners became eligible to refinance their home loans in early January; existing-home sales decreased by 8.4% in January; U.S. pending home […]

Homebuyers are scoring the biggest discounts in 13 years; mortgage applications decreased 8.9% from one week earlier; home prices in the United States climbed to new records in 2025; mortgages […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed on Monday, February 16, 2026 for President’s Day, which is a Federal Holiday. Normal […]

Homebuyers are canceling deals at a record rate, with more than 40,000 called off in December; home prices increased in November; mortgage applications decreased 8.5% from one week earlier; housing […]

Pending home sales decreased 9.3% in December, with month-over-month declines in all four regions; mortgage applications increased 14.1% from one week earlier; Redfin estimated there were 47.1% more home sellers […]