Skip to main content
Carrington Mortgage Services, LLC
Skip to main content

Latest News

Rates Improve to Finish January

This past week the Federal Reserve paused a hike of rates for the fourth consecutive time. Interest rates ticked down to the best levels in nearly a month. Let's discuss what happened and look at the events to watch this week. Sustainably Toward 2% As mentioned above, the Federal Reserve did not hike rates. In […]

Read More
Farewell to March Rate Cut

This past week interest rates ticked up to the highest levels in over a month. Let's talk about the drivers for this move as we approach the big Fed meeting this week. Good News is Bad News For the last couple of weeks economic readings here in the U.S. have been positive. For instance, the […]

Read More
Rate Cut Bets Slashed

Financial markets continue their bumpy ride in 2024, as interest rates crept higher while stocks sell off. Once again, the Federal Reserve is front and center and a reason for the volatility. Let’s discuss what happened last week and preview the events to watch in the week ahead. Waller Wallop "When the time is right […]

Read More
Rates Improve and Housing Finds its Groove

After a multi-month decline in interest rates, we are seeing positive momentum in housing emerge. Let's look at some of the numbers from last week and highlight events to watch for in the weeks ahead. Spring in January? Not quite, but we have seen an uptick in inventory and mortgage applications over the last couple […]

Read More
Starting Off on the Wrong Foot

Financial markets started off the new year on the wrong foot, and interest rates inched higher. Let's discuss what happened and look at next week's events. Fed Minutes Released On Wednesday, the minutes from the December Fed meeting from two weeks ago were released. Overall, the minutes amplified Fed Chair Jerome Powell's take, "The Fed" […]

Read More
Bonds Ringing in The New Year

Home loan rates have improved once again finishing the year at the best levels since May. Let’s look at what happened in the final trading week of the year and discuss what to watch as the new year begins. 3.83% The 10-year Note continues to hover near 3.83%, exactly where 2023 began. But as we […]

Read More
Historic Bond Market Rally Continues

The "Santa Claus Rally" in stocks is an often-discussed phenomena in the markets, but it was the bond market that has displayed some holiday cheer this year. Let's discuss what happened last week and look into the final trading days of the year. Crazy 8's In late October 30-yr mortgage rates hit 8%; the highest […]

Read More
Fed Pivots, Bonds Celebrate

This past week the good vibes in the financial markets continued. Interest rates hit their best levels since the Summer and continued their historic run lower. Let's discuss what happened and look at the week ahead. Winning Streak Extends to Six Through late October, we were experiencing one of the worst bond market/interest rate trends […]

Read More
Bonds Rally Ahead of Fed Meeting

Home loan rates have enjoyed the sixth consecutive weekly decline as bond friendly news continues to hit the wires. Let's review what is happening in the financial markets, the economy and prepare for a big news week ahead. Winning Streak Extends to Six Through late October, we were experiencing one of the worst bond market/interest […]

Read More
Home Loan Rates Ease Further

Home loan rates continued their decline which started at the beginning of November. Let's look at what happened this past week and prepare for the big news ahead. Bonds Enjoy the Best Month in Forty Years So how good has the bond market been in November? According to Bloomberg's widely followed U.S. Aggregate Bond Index, […]

Read More
CAREERSINVESTORSabout uswholesale

Equal Housing Opportunity An Equal Housing Opportunity Lender. Copyright 2007 - 2024 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines. Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.com.

The content of this website is intended for licensed third-party originators or brokers only and may not be duplicated or disseminated to the public. Carrington Mortgage Services is one of the leading wholesale mortgage lenders.

Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram