Last Week in Review: The Fed Spoke, the Markets Reacted Last Wednesday, the Federal Reserve issued its Monetary Policy Statement and held a press conference. An unofficial mandate for the […]
Latest News Category: News
The Last Week in Review: Good, Bad, and Ugly Before the Fed The Good Last week, home loan rates hit all-time low levels despite progress and optimism on a vaccine, […]
Overview The Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed on Monday, September 7, 2020 for Labor Day, which is a Federal Holiday. Normal lock hours will resume […]
Last Week In Review: Markets Talking About Jackson This past week, the Jackson Hole Economic Symposium took place. This annual event which started back in 1981 is attended by […]
Last Week in Review: New Home Prices to Climb this Fall No Progress From Congress This week we watched rates modestly improve as uncertainty climbed. The main culprit is the […]
Last Week in Review: The Return of Inflation and Opportunity "Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you […]
Last Week in Review: Fed Pushes Everything Higher, Except Rates "We're not even thinking about thinking about thinking about raising rates." -- Fed Chairman Jerome Powell, August, 2020 This recent […]
Last Week in Review: The Good, The Bad, The Ugly The path of the economy will depend significantly on the course of the virus." -- Fed Monetary Policy Statement, July […]
Last Week in Review: Stocks and Bonds are Getting Along, for Now This past week, Freddie Mac reported the average 30-year mortgage is at an all-time low of 3.01% At […]
Last Week in Review: Home Builders and Homebuyers Feeling Really Good This past week, the National Association of Home Builders (NAHB) reported that their Sentiment Index for June rose sharply […]