Comparable Benefits with Easier Qualifications Although the market for Jumbo loans is bouncing back for traditional banks, Carrington Mortgage Services offers borrowers a better-priced alternative – Carrington Prime Advantage℠ –…
Category: News
News
Headed Back to the Future
Last Week in Review: Headed Back to the FutureThis past week, the U.S. 10-year Note yield, a proxy for long-term interest rates, climbed back above .80% for the first time…
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Europe Pain is Bonds Gain
Last Week in Review: Europe Pain is Bonds GainU.S. Bond Market = Safe HavenLast week, investment dollars around the globe flooded into the U.S. Treasury market as a “safe haven”…
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Interest Rate Outlook – Three Things to Follow
Last Week in Review: Interest Rate Outlook – Three Things to FollowThree Things to FollowHome loan rates remain right at historic lows fueling unprecedented refinance activity and driving purchase demand.…
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Markets Enter the Great Unknown
Last Week in Review: Markets Enter the Great Unknown COVID-19 Hits the White House Last Friday morning, President Trump and the First Lady tested positive for COVID-19. The news shocked…
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Uncertainty Takes Over the Markets
Last Week in Review: Uncertainty Takes Over the Markets Fiscal Stimulus Fiscal stimulus refers to policy measures undertaken by a government that typically reduce taxes or regulations and increase government…
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The Fed Spoke, the Markets Reacted
Last Week in Review: The Fed Spoke, the Markets Reacted Last Wednesday, the Federal Reserve issued its Monetary Policy Statement and held a press conference.An unofficial mandate for the Fed…
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Good, Bad, and Ugly Before the Fed
The Last Week in Review: Good, Bad, and Ugly Before the Fed The Good Last week, home loan rates hit all-time low levels despite progress and optimism on a vaccine,…
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Markets Talking About Jackson
This past week, the Jackson Hole Economic Symposium took place. This annual event which started back in 1981 is attended by central bankers, finance ministers, and other officials from around…
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New Home Prices to Climb this Fall
Last Week in Review: New Home Prices to Climb this Fall No Progress From CongressThis week we watched rates modestly improve as uncertainty climbed. The main culprit is the ongoing “debate”…
