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Latest News Category: News

CPI High, Rates Sigh

Last Week In Review: CPI High, Rates Sigh This past week, home loan rates bounced around in a volatile fashion in response to more of the same...Fed speaks, inflation readings, and uncertainty. Let's walk through what happened and discuss what to look for in the week ahead. "Although the task is difficult, it is not […]

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The Fed Takes Action

Last Week in Review: The Fed Takes Action This past week, the Federal Reserve hiked the Fed Fund Rate by .50%, the largest rate increase in 22 years. Let's discuss what other action the Fed took, how the market reacted and what to look for in the week ahead. "I would like to first speak […]

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Feb and Bond Market Are Quiet for a Change

Last Week in Review: Feb and Bond Market Are Quiet for a Change This past week was a bit quiet as no Federal Reserve officials were talking to move the market. However, this changes next week, as we approach the highly anticipated FOMC (Federal Open Market Committee) Meeting. Let's discuss what to look for as […]

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Smoke Signals Emerge

Last Week in Review: Smoke Signals Emerge This past week, home loan rates touched the highest level in a decade as global bond yields were on the rise. Let's discuss some potentially positive signals for those looking for a rate peak as well as what to watch for next week. The rate of change or […]

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A Tale of Two Inflations

Last Week In Review: A Tale of Two Inflations This past week, home loan rates hit the highest levels in nearly a decade as inflation readings came in touching 40+ year peaks. Let's discuss what happened and what to watch for. Headline Consumer Inflation vs Core Consumer Inflation Interest rates around the globe have been […]

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Brainard and Fed Minutes Move the Markets

Last Week in Review: Brainard and Fed Minutes Move the Markets This past week, home loan rates touched the highest levels in three years in response to the same theme…inflation fears and forthcoming Fed rate hikes, and balance sheet reduction. Let's discuss what happened and what to watch for next week. "Given that the recovery […]

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Tailwinds From Abroad

Last Week in Review: Tailwinds From Abroad This past week, home loan rates improved from the worst levels in three years. Let's walk through what happened last week and talk about what to watch in the weeks ahead. 1. Ukraine/Russia Showing Optimistic Signals Early in the week, there was word that the Russian military was […]

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April Pricing Special: 25 bps off on VA and FHA purchase loans

We’re helping you take the reins this purchase season with 25 bps off on FHA and VA purchase loans that are locked in from 4/1 to 4/30. With us on your side, we can help you close purchase loans faster with dedicated support every step of the way.And don't forget: We are manual underwriting experts FICOs […]

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Rates Spike on Tough Fed Talk

Last Week in Review: Rates Spike on Tough Fed Talk Home loan rates ticked up to fresh three-year highs as a parade of Federal Reserve officials spoke throughout last week about the need to hike rates more aggressively to combat inflation. Let's walk through what happened last week and talk about the big reports this […]

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We Have Liftoff

Last Week In Review: We Have Liftoff Interest rates hover near three-year highs as the Federal Open Market Committee (FOMC) raised the Federal Funds Rate by 0.25%. This was the first rate hike in three years. Let's break down what the Fed said in their Statement and press conference and look at what the future […]

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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.

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