Mortgage rates rose again this week, spelling further bad news for weary would-be buyers and sellers as housing inflation continues to surge. Freddie Mac’s latest Primary Mortgage Market Survey released Thursday showed that the average rate for the benchmark 30-year fixed mortgage climbed to 6.77% this week, up from 6.64%…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers…

With the cost of college on the rise plus an unstable debt load, the best thing parents can do is to set children up for financial success — and that can start as early as the kindergarten years. Gregg Murset, CEO of BusyKid, a chore app that provides kids with…

Introduction So, Aunt Jane just asked you to be the trustee of her trust. You were flattered and, of course, accepted. But what did you get yourself into? Too many consumers readily accept fiduciary appointments with little thought of the headaches and liability they may face. While it can be…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

The Biden-Harris administration recently released another proposal to help borrowers handle high-cost student loans. This round of student debt relief is designed to help students facing serious financial hardship. The proposal would provide automatic relief to borrowers deemed likely to default on their loans in the next two years.”College is…

Capital One is plowing forward with plans to purchase Discover Financial, but the proposed acquisition is expected to face major pushback from regulators – and whether it actually goes through could depend on who wins the presidential election. Before the ink had time to dry on the press release announcing…

Dear Big Move, My husband is 66 and I am 61, and we have a 30-year mortgage at 4.99% with a current balance of $306,000. We have several Certificate of Deposits totaling $90,000, and savings of $100,000.  Our only debt is the mortgage; we own our cars and pay our…

If you’re in your mid-50s or younger and are interested in retiring but you aren’t on track to save enough for a full retirement, you might want to consider “Coast FIRE.” It’s a variation on the “Financial Independence, Retire Early” (FIRE) strategy, where you make life choices that save a…