Latest News Author: Jordan Reed

Last Week in Review: Fed Raises Rates, Home Loan Rates Decline This past week, home loan rates hovered near the lowest levels in over a month as the Federal Reserve […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce the following Non-QM program underwriting updates (highlighted in red). Please note this is an abbreviated summary of the guideline changes […]

Last Week in Review: SVB Bank Fallout and Rates This past week, home loan rates improved to their lowest levels in a month in response to the closures of Silicon […]

Overview Due to a severe winter storm and snowstorm in New York, FEMA has declared the following counties a disaster. Incident Period: December 23, 2022 - December 28, 2022 State […]

Last Week in Review: Powell Visits Capitol Hill This past week, Fed Chair Powell testified on Capitol Hill and his words sent rates higher. Let's walk through what happened and […]

Last Week in Review: Inflation and The Fed Dominate Markets This past week, home loan rates touched their highest levels since November. Let's walk through what happened and mention the […]

This Week in Review: Three Things That Happened Last Week Last week, rates touched the highest levels since Fall. Let's walk through three things that happened and what to watch […]

Overview Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: December […]

Overview Due to severe weather in Georgia, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: January 12, 2023 State FEMA Disaster Declaration […]

Last Week in Review: Fed Chair is Back After Strong Jobs Report After last week's surprisingly strong Jobs Report, Fed Chair Jerome Powell spoke about the economy and direction of […]