Mortgage

Annual home prices rose in February following seven consecutive months of decline. Still, tighter lending standards and a volatile economic outlook could keep costs from escalating, according to the latest S&P CoreLogic Case-Shiller Indices report. Home prices across the U.S. increased by 2.0% annually in February, down from the 3.8% annual increase…

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…

Higher interest rates are taking a toll on the major areas of the housing market. Overall interest in mortgages, refinancing and purchases all fell in the past week.Demand for mortgage applications declined by 4.6% compared with the prior week, according to the weekly survey from the Mortgage Banker’s Association. “Mortgage…

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 long-term U.S. mortgage rate climbed this week to its highest level since mid-March, according to weekly data compiled by mortgage buyer Freddie Mac. The rate on the 30-year fixed mortgage rose to 6.57% this week from 6.39% a week ago. One year ago, it averaged 5.10%.”The U.S. economy…

FIRST ON FOX: House Republicans passed a bill through the House Financial Services Committee this week that, if ultimately enacted by Congress, would undo President Biden’s controversial mortgage rule that has angered conservatives.The bill, titled the Middle-Class Borrower Protection Act of 2023, would “cancel recent changes made by the Federal…

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