Mortgage
With all the ups and downs in the housing market, first-time buyers are feeling the effects. But homebuyers in tight housing markets have other options as there are U.S. cities that have stronger markets than others, according to a recent Realtor.com report. The report ranks the largest 100 metro areas…
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…
Good news for potential homebuyers in 2024: mortgage rates for 30-year mortgages are set to drop below 6% by the end of the year, a Fannie Mae forecast reports. 2023 was one of the most volatile years in history for the housing market. Last year saw the least amount 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…
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 up again after taking a slight dip last week, remaining in the mid-6% range. Although rates have come down roughly a percentage point since October, they remain well above pandemic-era rates while home prices continue to climb, adding to the persistent affordability crisis in the housing market.…
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…
The housing market struggled last year. The inventory on the market had already dropped significantly the year before to the lowest since the Fed began collecting the data in 2016, according to Federal Reserve Economic Data. All the while, housing costs jumped to the highest on record. Through this difficulty,…
While mortgage rates are finally starting to dip, housing costs remain unaffordable for a large portion of the country, according to Redfin’s recent report. Only 15.5% of the listed homes for sale in 2023 were considered affordable for the average buyer in the U.S. This is the lowest share on…