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
Inflation may be easing but consumer prices remain high
Inflation may be easing, but many Americans just aren't seeing it as prices for everyday items remain higher than they…
Homebuying to remain slow through 2023: agent survey
Amid a volatile interest rate environment and a housing market battered by high home prices, many real estate agents expect…
Today’s mortgage rates edge up for 30-year terms while 15-year terms hold steady
The interest rate on a 30-year fixed-rate mortgage is 8.000% as of November 13, which is 0.125 percentage points higher…
Today’s mortgage rates continue downward trend for 15- and 30-year terms
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates fall for second straight week after cost of monthly payments surge in October
Mortgage rates dropped for a second consecutive week but remain at the highest level in more than two decades, providing…
Today’s mortgage rates edge down for 15- and 30-year terms
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Cyberattack of major mortgage servicer leaves customers without online payment option
Mortgage servicing firm Mr. Cooper has been dealing with a cyberattack for more than a week that has disrupted customers’…
Today’s mortgage rates remain unchanged for 15- and 30-year terms
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 15- and 30-year terms
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s mortgage rates fall for 15- and 30-year terms
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Back-to-office mandates are pushing some Americans to sell homes at a loss
In a housing market plagued by record-low availability, homebuyers could see more listings as back-to-office mandates force sellers to find…
Mortgage rates continue to hover near highest level since 2000
Mortgage rates stopped their unrelenting upward climb last week, but continued to hover near the highest level in more than…
Today’s mortgage rates fall for 15- and 30-year terms
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s mortgage rates hold steady for 30-year terms as 15-year terms rise
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Home prices could spike nearly 5% in 2024: Zillow
Anticipating mortgage rates to remain elevated and new home listings to slightly rise in the coming months, some experts predict…
Home prices continued to gain momentum in August: Case-Shiller
Home prices once again defied affordability challenges, posting the seventh consecutive monthly gain since prices bottomed in January 2023, according…
Today’s mortgage rates hold steady for 30-year terms as 15-year terms fall
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Homebuyers nationwide feeling the impacts of rising interest rates
Homebuyers nationwide are feeling the impacts of rising interest rates as U.S. mortgage applications fell to an almost three-decade low this…