Mortgage
Mortgage rates rise after home sales jump in October
Mortgage rates climbed closer to 7% this week while sales of existing homes saw a revival from a dip in rates two months ago. Freddie…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
Today’s mortgage rates hold steady for 30-year terms | March 4, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Homebuyers gained thousands of dollars as mortgage interest rates fall: Redfin
Prospective homebuyers are seeing their money go a little further these days. A homebuyer with a $3,000 monthly budget now…
Today’s mortgage rates hold steady for 30-year terms | March 5, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s mortgage rates drop for 30-year terms | March 6, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s mortgage rates edge up for 30-year terms | March 7, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates dip slightly, boosting demand
Mortgage rates fell slightly this week after climbing for a month straight, sparking an increase in purchase applications in a…
Mortgage rates ease slightly as spring homebuying season nears: Freddie Mac
Mortgage rates eased slightly this week, enough to reheat the homebuying momentum as the market heads into a traditionally busy…
Today’s mortgage rates drop for 30-year terms | March 8, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Biden wants to give homebuyers $400 per month: State of the Union
Citing rising housing costs in his State of the Union address Thursday night, President Joe Biden said he wants to…
Wages grow 4.3% in February but still outpaced by rising home prices
February added 275,000 jobs, posting another consecutive month of solid job growth, according to the latest Employment Situation Summary from the U.S.…
Today’s mortgage rates rise for 30-year terms | February 7
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s mortgage rates rise for 30-year terms | February 8
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Freddie Mac announces $2,500 credit for down payment assistance for very low-income families
Prospective homebuyers who earn 50% of their area median income or less are now eligible for a $2,500 credit they…
Mortgage rates rise slightly as homebuyer sentiment tanks
Mortgage rates ticked slightly higher this week, with the 30-year fixed rate note continuing to hover in the mid-6% range.…
Today’s mortgage rates fall for 30-year terms | February 9
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s mortgage rates rise for 30-year terms | February 12
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s mortgage rates dip for 15- and 30-year terms | February 13
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Millennials are desperate to buy a home, most willing to pay a mortgage rate above 7%: survey
Most millennials, desperate to get on the housing ladder, would consider accepting a mortgage rate that's higher than the national average…