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 stopped their unrelenting upward climb last week, but continued to hover near the highest level in more than two decades. Mortgage buyer Freddie Mac on Thursday said that the average rate on the 30-year loan dipped slightly to 7.76%, down 0.03% from the previous week. The rate remains…

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…

Anticipating mortgage rates to remain elevated and new home listings to slightly rise in the coming months, some experts predict home prices would increase 4.9% from August 2023 through August 2024, according to the latest Zillow Home Value Index.  However, this marks a downward revision from last month’s projection 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…

Home prices once again defied affordability challenges, posting the seventh consecutive monthly gain since prices bottomed in January 2023, according to the latest S&P CoreLogic Case-Shiller Indices report. Nationwide, home prices rose by 0.9% in August and now stand 2.6% above its year-ago level. The 10-city and 20-city composite gained 3%…

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…

Homebuyers nationwide are feeling the impacts of rising interest rates as U.S. mortgage applications fell to an almost three-decade low this month. Thirty-year fixed mortgage rates have hit their highest level in more than two decades as the average rate approaches 8% this month, well above the pre-pandemic average of 3.9%,…

As high home prices and rising mortgage rates weighed on the minds of would-be homebuyers, many got cold feet this summer – according to an analysis by Redfin.  In fact, almost 60,000 home-purchase agreements were canceled in August, marking an increase from 14.3% a year prior and the highest percentage…

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…