Latest News Category: News

Non-QM Update Carrington Mortgage Services remains committed to the Non-QM market as one of the key leaders in the industry. Unfortunately, we have to temporarily discontinue offering Non-QM loans due […]

Last Week in Review: Home Loan Rates Rising This past week, home loan rates ticked up again despite the Fed recently cutting rates by a full point and the 10-year Note […]

Overview Due to current market conditions, effective March 20, 2020 and until further notice, Carrington Mortgage Services, LLC (CMS) will temporarily no longer permit a lock until the loan is […]

Last Week in Review: Rate Movements Explained This past week was a head-scratcher as home loan ticked up slightly week over week despite the 10-year Note yield hitting a historic low […]

Overview Due to current market conditions, effective March 13, 2020 and until further notice, Carrington Mortgage Services, LLC (CMS) will temporarily suspend offering 30-day locks. CMS will still offer 15-day, […]

Last Week in Review: How Low Can Rates Go? Home loan rates touched all-time lows this past week, fueling refinance activity and creating a sense of urgency for homebuyers to […]

Last Week in Review: The Lowest Rates EVER Bonds love bad news, uncertainty, and fear, which is causing rates to move lower. This past week, the escalation of the coronavirus fears […]

Last Week in Review: A Great 2020 Housing Story Here's some good news... the continued strength of the labor market, along with historically low mortgage rates, will keep positive housing momentum alive […]

Last Week in Review: What the Market Is Saying Home loan rates continue to hover right near three-year lows. There are many "smart" folks on Wall Street who say rates are […]

Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed on Monday, February 17, 2020 for Presidents Day, which is a Federal Holiday. Normal lock hours will […]