Latest News

Overview On Friday April 18th, the Carrington Mortgage Services Lock Desk team is open and available to assist with any issues on loans, but will not be accepting any new […]

The average rate on a 30-year fixed loan plunged 12 basis points to 6.63%; mortgage applications decreased 1.6% from one week earlier; new listings climbed 10.2% year-over-year, marking the highest […]

Overview Due to severe storms, straight-line winds, flooding, landslides, and mudslides in West Virginia, FEMA has declared the following counties a disaster. FEMA has established the Incident Period End Date […]

To better serve an important segment of the mortgage market, the CMS correspondent channel is concentrating exclusively on underwriting and purchasing non-QM loans. Read Press Release ANAHEIM, Calif. (April 2, […]

Mortgage rates fell for the first time in three weeks to 6.65%; home-price growth accelerated slightly in January as buyers fought over tight supply; pending home sales improved by 2.0% […]

Sales of previously owned homes rose 4.2% in February; mortgage rates increased for the second week in a row to 6.67%; mortgage applications decreased 6.2% from one week earlier; home […]

Overview Due to severe storms, straight-line winds, flooding, landslides, and mudslides in Kentucky, FEMA has declared the following counties a disaster. FEMA has established the Incident Period End Date and […]

Refinance activity went up 16% this week, while purchase applications rose and rates declined for the sixth consecutive week; mortgage credit availability increased for the third consecutive month; new home […]

Mortgage applications increased 20.4% from one week earlier; interest rates fell to 6.63% this week, the largest weekly decline since September; construction costs could increase by 4% to 6% over […]

Overview Due to severe storms, straight-line winds, flooding, landslides, and mudslides in Kentucky, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: February […]