Latest News Author: Jordan Reed

Overview During the 2022 holiday season Carrington Mortgage Services, LLC (CMS) offices, including the Lock Desk, will observe the following schedule: Monday, December 26, 2022 – closed for the Christmas […]

Last Week in Review: Waiting on the Fed This past week home loan rates improved modestly as we approach an important Fed Meeting and inflation reading this week. Let's discuss […]

"I think we can slow down from the .75% at the next meeting. I don't have a problem with that, I do think that's very appropriate," Cleveland Fed President Loretta […]

This week, interest rates touched the lowest levels in two months on the idea that inflation may have peaked. Let's break down what happened. 10-yr Note Touches 3.67% The 10-yr […]

Last week, interest rates moved a bit sideways after Election Day and only added to the uncertainty as ballots continue to be counted. Let's discuss what happened and look into […]

Last Week in Review: Higher Prices and Higher Rates in a Global Issue This past week we watched the 10-year yield hit a fresh 14-year high, closing above 4.00%. As […]

Last Week in Review: Bank of England Blinks, Interest Rates Sink This past week, we watched the sharpest one-day decline in Treasury rates since 2008. The rate relief was relatively […]

Last Week in Review: Three Things We Learned From Federal Reserve This past week, the Federal Reserve raised the Fed Funds Rate by .75% and issued its quarterly economic projections. […]

Last Week in Review: Financial Markets Attempt to Stabilize After several weeks of higher rates and lower stocks, the financial markets stabilized a bit. Let's walk through what happened and […]

Last Week in Review: What's Happening in The Markets? The financial markets had a rough week, with stocks falling and rates spiking since Fed Chair Powell spoke in Jackson Hole. […]