Latest News Author: Jordan Reed

Last Week in Review: Three Other Things Moving the Market Interest rates have ticked up the past 10 or so days after the Federal Reserve told the financial markets there is broad support to scale back bond purchases and finish those purchases by mid-2022. Let's talk about three "other" things moving the market between now […]

Last Week in Review: Fed Meeting Breakdown, Taper Cometh Home loan rates ticked up and had a bit of a "taper tantrum" after the Fed meeting last Wednesday when Fed Chair Powell outlined the case to scale back or "taper" bond purchases. Let's break down what was said and what to look for in the […]

Home loan rates were mainly unchanged this past week. Let's break down what is threatening the financial markets and rates. The Taper Threat A big threat to stocks, bonds, and rates is when the Fed will announce a tapering or scaling back of bond purchases. Presently the Fed has been buying at least $120B worth […]

Last Week in Review: ECB Scales Back, No Tantrum - Yet. Home loan rates have bounced around the past couple of weeks in response to good, bad, and even some ugly news. Let's break down last week's big news and what it means to the housing market and economy. The European Central Bank (ECB) Buying […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the new and improved Asset Conversion income option to Carrington Prime Advantage and Carrington Flexible Advantage Plus Programs for purchase, rate/term refinance and cash-out transactions. Asset Conversion will utilize the same qualification requirements as the full documentation matrix and best of all, NO additional LLPA’s! […]

Last Week in Review: Congress Printing, Fed Exiting Among the many stories happening this past week, the elephant in the room remains Afghanistan. There is so much uncertainty and it isn’t clear when, how and if it ends. In challenging times like these, bond prices and rates typically improve, but they didn’t. Rates crept higher […]

Last Week in Review: The Tug a War at Play What a week!!! The elephant in the room is the uncertainty and chaos within Afghanistan. Bonds and rates embrace such chaos but that wasn't the case this week as the threats of Fed tapering limited any rate improvement. Let's break it all down and discuss […]

Last Week in Review: Taste of Taper Tantrum Home loan rates have crept higher over the last couple of weeks on fears the Fed may taper their bond purchasing program sooner, rather than later. Until now, housing, interest rates, and the financial markets have enjoyed the benefits of the Fed monetary policy and the bond-buying […]

Last Week in Review: Three Things Moving the Markets This past week long-term interest rates dropped to the lowest levels in six months but things changed in a "New York Minute". Let's break down three things that moved the markets and what to look for in the week ahead. 1: "The path of the economy […]

Last Week in Review: The Fed is All Talk and No Action This past week long-term interest rates still continue to hover at multi-month lows after the Federal Reserve maintained their position with interest rates and their bond-buying program. Let's break down what the Fed said and what to look for in the weeks ahead. […]