With fall buying season in full swing, and mortgage rates nearing 8%, prospective homebuyers are facing affordability challenges forcing some adults to move back in with their parents while they save for a home. “While homebuyers have long received financial assistance from family members to help them afford a home…

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…

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…

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 continued to climb this week, adding further pressure to the cooling housing market as more Americans are priced out of buying homes. Freddie Mac reported Thursday that the average rate for the benchmark 30-year fixed mortgage jumped to 7.63%, up from 7.57% last week and from 6.94% a…

Philadelphia Federal Reserve President Patrick Harker said at the MBA Annual Conference in Philadelphia on Monday that he thinks interest rates can stay where they are if economic and financial conditions evolve as they have been.  “And so far, economic and financial conditions are evolving as I expected, perhaps even…

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…

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 pushed to a new high last week as the market reacted to uncertainty over the Federal Reserve’s next move and the geopolitical climate, according to Freddie Mac. The average 30-year fixed-rate mortgage increased to 7.57% for the week ending Oct. 12, according to Freddie Mac’s latest Primary Mortgage Market…

The average rates for fixed mortgages continued their upward climb this week, accompanied by a marked rise in demand for adjustable loans as consumers seek relief from record-high monthly payments. Freddie Mac’s latest Primary Mortgage Market Survey released Thursday shows that the average rate for the benchmark 30-year fixed-rate mortgage…