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

Today’s best mortgage deal? 15-year terms maintain highest savings | May 10, 2023

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

News Room News Room

Experts for top mortgage lenders debunk biggest myth about Biden’s rule punishing homebuyers with good credit

Experts at two of the nation's top lenders claim homebuyers may not fully understand a new Biden administration rule that

News Room News Room

Today’s best mortgage deal? 15-year terms are still below 6% | May 9, 2023

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 inch up, but 10- and 15-year terms stay below 6% | May 8, 2023

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

News Room News Room

Is an adjustable-rate mortgage a good fit for your homebuying plan?

If you’re considering your mortgage options when making your home-buying plans, one option to consider is an adjustable-rate mortgage, or

News Room News Room

Colorado homebuyer discovers snakes in walls as she moves in: ‘I’m petrified’

A woman in Centennial, Colorado, discovered a dangerous surprise inside her family's new house. Upon moving into her new Netherlands

News Room News Room

Today’s best mortgage deal? 15-year terms hit lowest rate since mid-April | May 5, 2023

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

News Room News Room

Biden’s socialist mortgage plan is student loan handouts 2.0

Come on, President Biden, say it ain’t so. The current administration has now imposed a monetary penalty on those with

News Room News Room

Mortgage rates relax on Fed optimism

The average long-term U.S. mortgage rate fell this week after climbing the last two weeks, according to weekly data compiled

News Room News Room

Today’s mortgage rates for 15-year terms lowest since last month | May 4, 2023

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 doubles down on the fight against inflation, raises rates another 25 basis points

The Federal Reserve announced another 25 basis point interest rate increase and said that inflation continues to run high and the

News Room News Room

Today’s biggest mortgage rate decrease? 30-year terms plummet | May 3, 2023

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 are rising, but 15-year terms are below 6% | May 2, 2023

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 best mortgage deal? Back to 15-year terms | May 1, 2023

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

News Room News Room

Experts outraged over Biden’s new mortgage rule punishing buyers with good credit: A ‘recipe for disaster’

As the Biden administration’s mortgage redistribution plan goes into effect, real estate industry leaders have signaled it’s "one more boot

News Room News Room

New home listings plunge over 22% in April, Redfin says

New home listings dropped 22.4% in April, marking one of the biggest declines since the pandemic gripped the world in

News Room News Room

Today’s best mortgage deal? Back to 15-year terms | April 28, 2023

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

News Room News Room

Average rate on long-term mortgage climbs for second straight week

The average long-term U.S. mortgage rate rose this week for the second week in a row, according to weekly data

News Room News Room