The Federal Reserve ended its long streak of interest rate hikes last week, but the pause may offer little reprieve to Americans squeezed by higher borrowing costs. The decision left interest rates unchanged at a range of 5% to 5.25%, the highest level since 2001. However, policymakers also opened the…

Despite a housing market pressured by high mortgage rates and home prices, many Americans have been keeping up with their housing payments, according to a study. In fact, only 2.6% of all mortgages in the U.S. were in a stage of delinquency in June– remaining at a historic low, according…

The Federal Reserve left rates unchanged at its latest meeting this week, but its aggressive rate-hiking campaign over the past 16 months has left borrowing rates for consumers higher than they have been in years. Here is a look at where interest rates are hovering for home mortgages, credit cards…

U.S. home price growth increased to 2.5% year-over-year in July, according to the latest home price index data by CoreLogic. These gains reflected six consecutive monthly spikes and the 138th consecutive month of annual growth.  The cities that drove home price growth were Miami (+9%), followed by St. Louis (4.8%)…

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…

As American families seek out their dream homes in a housing market marked by a shortage in available homes for sale, many end up making multiple offers and paying above list price, according to a survey by Bright MLS. Nearly half of the homes sold in July went for more…

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. Based…

The average 30-year fixed-rate mortgage was 7.18% for the week ending Sep. 14, up from its 7.12% average last week, according to the latest data by Freddie Mac. At the same time, the average 15-year fixed-rate mortgage rate was 6.51%, down from last week when it averaged 6.52%.  The movement…

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. Based…

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. Based…