Latest News Category: News

Last Week in Review: Recovering From the Coronavirus This past week was a bit rough for the Bond market as home loan rates steadily ticked higher and off the best levels […]

Overview In the state of North Carolina, borrowers may be charged bona fide discount points for the purpose of reducing their interest rate. For Owner Occupied Loans with a balance […]

Last Week in Review: Home Loan Rates Decline Again The coronavirus outbreak in China continued to grip the financial markets this week. The total affected and number of deaths rose sharply […]

Overview The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed on Monday, January 20, 2020 for Martin Luther King Jr. Day, which is a Federal Holiday. Normal […]

Last Week in Review: The Good News Flow Continues This past week, we watched home loan rates tick modestly higher and retreat from three-year lows. Why? There are three main reasons: […]

Last Week in Review: Nice Start to 2020 The new year and new decade started, and good news, some things don't change. Stocks picked up right where they left off in […]

Last Week in Review: Global Improvement 2019 was an incredible year for Stocks, which finished the final trading week of the year at all-time highs. Generally speaking, when Stocks go higher, […]

Last Week in Review: Goldilocks 2.0 As we enter the final weeks of 2019, the housing and home lending sectors have enjoyed a good year thanks to a "Goldilocks" scenario of […]

Last Week in Review: Changes That Could Affect Rates There are rumors that our Fed is considering an idea to abandon its present 2% target rate for inflation in favor of a […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to announce effective Thursday, December 5, 2019, CMS will introduce the new Carrington Prime Advantage program with Fixed, ARM and Interest-only ARM […]