Mortgage

Mortgage rates march higher for third straight week

Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high home prices. Freddie Mac's latest

News Room News Room 2 Min Read

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

15% of Americans have co-purchased a home with a non-romantic partner, even more would consider it

With home prices still unaffordable for many buyers, some homebuyers are turning to co-purchasing with those other than romantic partners,

News Room News Room

Today’s mortgage rates rise for 30-year terms | February 20, 2024

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Existing housing supply builds as homeowners with sub 6% mortgage rates return

Mortgage rates are set to drop at a faster rate than initially anticipated, which could help build some much-needed housing

News Room News Room

Today’s mortgage rates drop after week of holding steady for 30-year terms | January 30

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Homeowners moving across state lines, seeking affordability, find it in certain cities

Remote work flourishing in the early days of the pandemic removed boundaries for many workers, driving people to move to

News Room News Room

Home prices in some cities trended down in November: Case-Shiller

Home prices edged toward a more affordable place in November, ending the upward trend after many months, according to the

News Room News Room

Today’s mortgage rates rise for 30-year terms | January 31

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Today’s mortgage rates drop for 30-year terms | February 1

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy

The Federal Reserve announced a widely anticipated fourth interest rate pause during its January meeting on Wednesday, leaving the federal funds

News Room News Room

Mortgage rates dip slightly as demand remains stalled

Mortgage rates ticked a tad lower this week, but the slight decline provides little-to-no consolation for potential home buyers and

News Room News Room

Mortgage rates continue to trend down, but affordability remains a pipe dream: Freddie Mac

Mortgage rates dropped to 6.63% this week, according to Freddie Mac’s Primary Mortgage Market Survey. Rates for 30-years fixed-rate mortgages

News Room News Room

‘Million Dollar Listing’ star argues Beverly Hills has no room for affordable housing: ‘Doesn’t pencil out’

A judge in California blocked all residents of Beverly Hills from completing any home renovations, arguing that the city first

News Room News Room

Today’s mortgage rates rise for 30-year terms | February 5

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

These 5 cities have the largest inflation problem: survey

Inflation and rising prices are chief reasons why Americans are struggling to reach their financial goals, and people in these

News Room News Room

Today’s mortgage rates fall for 30-year terms | February 6

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

This is the #1 city for first-time homebuyers, and other hot US housing markets

With all the ups and downs in the housing market, first-time buyers are feeling the effects. But homebuyers in tight

News Room News Room

Today’s mortgage rates fall for 30-year terms | January 23

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the

News Room News Room

Mortgage rates finally expected to dip below 6% in 2024, but affordability remains low

Good news for potential homebuyers in 2024: mortgage rates for 30-year mortgages are set to drop below 6% by the

News Room News Room