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The average rate on 30-year fixed home loans decreased to 6.15% for the week ending Dec. 31; annual growth held steady at 1.4% in October; U.S. house prices rose 0.4% in October; mortgage applications decreased 5.0% from one week earlier for the week ending December 19, 2025; and pending home sales in November jumped by […]

New home purchase activity was up 3% on an annual basis in November; mortgage applications decreased 3.8% from one week earlier; U.S. pending home sales fell 5.8% from a year earlier during the four weeks ending December 14, the biggest decline since the start of 2025; refinance applications fell 4% for the week and were […]

Home prices went negative for the first time in two years, down 1.4% in the last three months; mortgage credit availability increased for the fifth consecutive month in November to its highest level since 2022; mortgage applications increased 4.8% from one week earlier; home delistings in October were up 45.5% year to date and up […]

Overview During the 2025 holiday season, the offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will observe the following schedule: Wednesday, December 24, 2025 – closed for CMS Company holiday Thursday, December 25, 2025 – closed for Christmas Day holiday Friday, December 26, 2025 – closed for Company holiday Thursday, January 1, […]

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 saw growing inventory, falling prices and a slower pace of sales; mortgage prepayments surged to a 3.5-year high; and several reports predict a healthier housing […]

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 of single-family homes rose 1.3% in September compared to a year earlier; mortgage originations fell 2% in Q3 from a year ago; almost 85,000 sellers […]

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 from a year ago; 53% of home lost value in the past year; California home sales climbed to their highest level since February; the National […]

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 the housing market; the average rate on 30-year fixed home loans rose to 6.24% for the week ending Nov. 13, up from 6.22% the week […]

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 is a federal holiday. Due to the holiday, the Lock Desk will be closing early on Wednesday, November 26, 2025 at 11:00 AM PST (early […]

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 homebuyer age is now at 40, a record high; Only 28 out of every 1,000 U.S. homes changed hands this year – the lowest turnover […]