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Mortgage rates dropped for the first time in more than a month; mortgage applications decreased 3.9% from one week earlier; year-over-year price growth slowed to 2% in April; May boasted a new post-pandemic high in for-sale inventory; Redfin projects that U.S. home prices will fall 1% year over year by the end of 2025; and […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk will be closed on Thursday, June 19, 2025, for Juneteenth National Independence Day, which is a Federal Holiday. Normal lock hours will resume on Friday, June 20, 2025. Rate locks that expire on the holiday will automatically roll to the next business […]

Pending home sales declined 6.3% in April; Mortgage applications decreased 1.2% from one week earlier; U.S. house prices rose 4.0% between the first quarter of 2024 and the first quarter of 2025; homebuyer affordability declined slightly in April; a new report found that there were nearly 500,000 more home sellers in the market than buyers […]

Overview Due to severe storms, straight-line winds, tornadoes and flooding in Mississippi, FEMA has declared the following counties a disaster. Incident Period: March 14, 2025 - March 15, 2025 State FEMA Disaster Declaration Counties Mississippi 05/21/2025 Covington, Grenada, Issaquena, Itawamba, Jefferson Davis, Leflore, Marion, Montgomery, Pike, Smith, and Walthall Re-Inspection by Product Type If your […]

Overview Due to severe storms, straight-line winds, and tornadoes in Kentucky, FEMA has declared the following counties a disaster. Incident Period: May 16, 2025 - May 17, 2025 State FEMA Disaster Declaration Counties Kentucky 05/23/2025 Caldwell, Laurel, Pulaski, Russell, Trigg and Union Re-Inspection by Product Type If your loan is … A re-inspection is required […]

Mortgage applications decreased 5.1% from one week earlier; sales of previously owned homes in April declined 0.5% from March; Fannie Mae released its 2025 Economic and Housing Outlook, which projects that total single-family home sales will reach 4.92 million units by year-end; and the number of homes for sale continues to climb, as inventory maintained […]

Overview Due to severe storms and tornadoes in Arkansas, FEMA has declared the following counties a disaster. Incident Period: March 14, 2025 – March 15, 2025 State FEMA Disaster Declaration Counties Arkansas 05/9/2025 Greene, Hot Spring, Independence, Izard, Jackson, Lawrence, Randolph, Sharp, and Stone Re-Inspection by Product Type If your loan is … A re-inspection […]

Overview Due to wildfires and straight-line winds in Oklahoma, FEMA has declared the following counties a disaster. Incident Period: March 14, 2025 - March 21, 2025 State FEMA Disaster Declaration Counties Oklahoma 05/21/2025 Cleveland, Creek, Lincoln, Logan, Oklahoma, Pawnee, and Payne Re-Inspection by Product Type If your loan is … A re-inspection is required … […]

Overview Due to severe storms and flooding in Texas, FEMA has declared the following counties a disaster. Incident Period: March 26, 2025 – March 28, 2025 State FEMA Disaster Declaration Counties Texas 05/21/2025 Cameron, Hidalgo, Starr and Willacy Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances […]

Overview Due to severe storms, straight-line winds, tornadoes and wildfires in Missouri, FEMA has declared the following counties a disaster. Incident Period: March 14, 2025 - March 15, 2025 State FEMA Disaster Declaration Counties Missouri 05/21/2025 Bollinger, Butler, Camden, Carter, Franklin, Howell, Iron, Jefferson, Oregon, Ozark, Perry, Phelps, Reynolds, Ripley, Saint Louis, Wayne, Webster, and […]