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…

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. The…

Prospective homebuyers will need to wait a little longer for interest rates below 6%. The average mortgage interest rate for 30-year, fixed-rate mortgages rose to 6.77% this week, Freddie Mac reported. Last week’s average was 6.64%, and a year ago, 30-year mortgages averaged even lower at 6.32%.The average interest rate…

With home prices still unaffordable for many buyers, some homebuyers are turning to co-purchasing with those other than romantic partners, a JW Surety Bonds study found. Close to 15% of Americans have co-purchased a home with a family member or friend rather than their spouse or partners. An additional 48%…

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…

Mortgage rates are set to drop at a faster rate than initially anticipated, which could help build some much-needed housing supply. However, some homeowners are already selling, according to a recent report. The share of mortgages with a rate below 6% has fallen to 88.5% from a record high of…

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…

Remote work flourishing in the early days of the pandemic removed boundaries for many workers, driving people to move to lower-cost cities.  Charlotte, Providence and Indianapolis are among some of the cities that saw the highest number of people moving in, according to a Zillow study.Unaffordable housing was the main…

Home prices edged toward a more affordable place in November, ending the upward trend after many months, according to the latest S&P CoreLogic Case-Shiller Indices report. The report is a measure of U.S. home prices across major metro areas. Across the country,12 out of 20 markets saw a month-over-month decrease…