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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 stabilizing; 27% of for-sale homes are newly built, the lowest share in four years; mortgage application payments decrease to $2,067 from $2,100 in September; and […]

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 13, 2025 State FEMA Disaster Declaration County Alaska 10/22/2025 Bethel and Northwest Artic Re-Inspection by Product Type If your loan is … A re-inspection is […]

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 hours will resume on Wednesday, November 12, 2025. Rate Locks that expire on the holiday will automatically roll to the next business day.  In addition […]

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 month went for 1.4% less than its final list price — the biggest September discount in six years; homes are spending only four days longer […]

Mortgage applications decreased 1.8% from one week earlier; mortgage applications for new home purchases increased 2.0% compared from a year ago; a Realtor.com Gen Z survey finds that 82% of respondents believe it’s harder for their generation to buy a home compared to previous ones; the effects of the federal government shutdown are beginning to […]

Mortgage applications decreased 4.7% from one week earlier; mortgage credit availability increased to its highest level in four months; 93% of Americans says housing costs are too high; homebuyer affordability in September reached levels not seen since early 2023; price growth continues its downward trend, only rising 1.3% in August 2025; and roughly a third […]

Mortgage applications decreased 12.7% from one week earlier; pending home sales in August increased by 4.0% from the prior month and rose 3.8% YOY; the S&P Cotality Case-Shiller National Home Price Index rose just 1.7% YOY, down from 1.9% in June; mortgage rates inched up for the second straight week, averaging 6.34%; and the share […]

Overview The offices of Carrington Mortgage Services, LLC (CMS), including the Lock Desk, will be closed Monday, October 13, 2025 in observance of Columbus Day, which is a Federal Holiday. Normal Lock Desk hours will resume on Tuesday, October 14, 2025. Locks that expire on the holiday will automatically roll to the next business day.  […]

There were an estimated 506,000 more home sellers than buyers in August, making it the strongest buyer’s market in more than a decade; mortgage applications increased 0.6% from one week earlier; sales of newly built homes surged to a three-year high in August; homebuyer affordability improved in August, with the national median payment decreasing to […]

The average U.S. homeowner lost approximately $9,200 in equity during the past year; mortgage applications increased 29.7% from one week earlier; August new home purchase mortgage applications increased 1.0%; the 30-year fixed mortgage rate averaged 6.26% for the week ending September 18; and housing starts fell to a seasonally adjusted annual rate of 1.31 million […]