Latest News Author: Jordan Reed

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, February 20, 2023 for Presidents Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, February 21, 2023. Rate Locks that expire on the holiday will automatically roll to the next business day.  In […]

Overview Due to severe storms, straight line winds and tornadoes in Alabama, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: January 12, 2023 State FEMA Disaster Declaration Counties Alabama 1/15/23 Autauga, Coosa, Dallas, Elmore, Greene, Hale, Mobile, Morgan, Sumter, and Tallapoosa Re-Inspection by Product Type If […]

Last Week in Review: Fed Hikes, Market Likes This past week the Fed hiked rates by .25% and home loan rates improved to their best levels since September. Let's walk through what happened with the Fed and talk about what to watch in the week ahead. "We can now say for the first time that […]

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 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Alameda, Calaveras, Contra Costa, Mendocino, Merced, Monterey, Sacramento, San Joaquin, San Luis Obispo, San […]

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 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Calaveras, Merced, Monterey, Sacramento, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara and […]

Overview Due to severe storms, straight line winds and tornadoes in Alabama, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: January 12, 2023 State FEMA Disaster Declaration Counties Alabama 1/15/23 Autauga, Coosa, Dallas, Elmore, Greene, Hale, Sumter, and Tallapoosa Re-Inspection by Product Type If your loan […]

Last Week in Review: Good Economic News is Good News Interest rates hover near the best levels since September, despite several good economic readings reported. Let's discuss what happened and see what is coming next week. Economy Grew to Finish 2022 Gross Domestic Product, a measure of economic growth, for the Fourth Quarter 2022 showed […]

Last Week in Review:  Bad Economic News is Bad News Bad economic news helped home loan rates touch the lowest levels in months. Let's discuss what happened and see what is coming next week. Producer Prices Are Falling The Producer Price Index, which is an inflation reading on what producers/wholesalers pay for goods and services, […]

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 27, 2022 and Continuing State FEMA Disaster Declaration Counties California 1/14/2023 Merced, Monterey, Sacramento, San Joaquin, San Luis Obispo, Santa Barbara and Santa Cruz Re-Inspection […]

Overview Due to severe storms, straight line winds and tornadoes in Alabama, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: January 12, 2023 State FEMA Disaster Declaration Counties Alabama 1/15/23 Autauga, Coosa, Dallas, Elmore and Hale Re-Inspection by Product Type If your loan is … A […]