Latest News

The 30-year fixed-rate mortgage averaged 6.19% as of Dec. 4, 2025, a decrease from the previous week’s average of 6.23%; mortgage applications decreased 1.4% from one week earlier; Thanksgiving week […]

Pending home sales increased 1.9% in October from the previous month and fell 0.4% year over year; U.S. house prices rose 2.2% between Q3 2024 and G3 2025; the value […]

Mortgage applications decreased 5.2% from one week earlier; sales of previously owned homes in October rose 1.2% from September; mortgage applications for new home purchases decreased 2.6% in October compared […]

Mortgage applications increased 0.6% from one week earlier; total mortgage rate lock volume fell 4% month over month; new foreclosures jumped 20% in October, a sign of more distress in […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Thursday, November 27, 2025 and Friday, November 28, 2025 in observance of Thanksgiving, which […]

Mortgage applications decreased 1.9% from one week earlier; Cotality’s Home Price Index showed national year-over-year price growth slowing to just 1.2%, down from 2.7% in September 2024; the median first-time […]

Mortgage applications increased 7.1% from one week earlier; the average rate on the 30-year fixed mortgage jumped to 6.33% following the most-recent Fed cut; homeowner equity levels appear to be […]

Overview Due to severe storms, straight-line winds, flooding, and remnants of Typhoon Halong in Alaska, FEMA has declared the following counties a disaster. Incident Period: October 8, 2025 - October […]

Overview Carrington Mortgage Services (CMS) offices, including the Lock Desk, will be closed Tuesday, November 11, 2025 in observance of Veteran’s Day, which is a Federal Holiday. Normal Lock Desk […]

Mortgage rates fell to their lowest level of 2025 at 6.19%; mortgage applications decreased 0.3% from one week earlier; sales increased 1.5% in September; the typical home that sold last […]