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
U.S. home price growth picks up the pace: CoreLogic
U.S. home price growth increased to 2.5% year-over-year in July, according to the latest home price index data by CoreLogic.…
Today’s mortgage rates are mixed, 30-year terms fall while 15-year terms rise
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Homebuyers are paying above list price in competitive market: survey
As American families seek out their dream homes in a housing market marked by a shortage in available homes for…
What is today’s lowest mortgage rate? Consider shorter terms | September 15, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates rise ahead of September Fed meeting
The average 30-year fixed-rate mortgage was 7.18% for the week ending Sep. 14, up from its 7.12% average last week,…
Want to save the most on today’s mortgage rates? Try shorter terms | September 14, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
What is today’s lowest mortgage rate? 15-year terms remain lowest | September 13, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Want today’s lowest mortgage rate? Try 15-year terms | September 12, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
What’s today’s lowest mortgage rate? Look at today’s shorter terms | September 11, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Looking for today’s lowest mortgage rates? Consider 15-year terms | September 8, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates hold steady above 7% ahead of Fed’s next move: Freddie Mac
Mortgage rates dipped again but remained above 7% for the fourth consecutive week, continuing to strain demand-side appetite, according to…
Looking to save on today’s mortgage rates? Try shorter terms | September 7, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today’s biggest mortgage rates savings? 15-year terms remain lowest | September 6, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage demand plummets as high rates squeeze buyers
A key measure of home-purchase applications tumbled last week to a nearly three-decade low as consumer demand cooled sharply amid…
Today’s lowest mortgage rate? 10-year terms at 6.25% | September 5, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
These are the most affordable states to buy a home
West Virginia is the most affordable place to live, according to a study by real estate company Agent Advice. Typical…
Mortgage rates take a dip ahead of Labor Day weekend: Freddie Mac
The average rate for a 30-year fixed-rate mortgage was 7.18% for the week ending August 31, down from last week’s…
Looking for today’s biggest mortgage rate savings? Try 15-year terms | August 31, 2023
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…