Mortgage
Mortgage rates rise, hitting demand
Mortgage rates climbed this week, sending overall demand lower as more Americans balked at refinancing. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed…
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 interest rates fall for 30-year terms while 15-year terms remain unchanged | August 14, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates tick up but remain at one-year lows
Mortgage rates moved up a bit this week but are still at the lowest point they have been in more…
Refinancing demand surges on mortgage rates dropping
Mortgage rates are still uncomfortably high for many would-be homebuyers and sellers, but recent declines have contributed to a significant…
Mortgage rates edge lower
Mortgage rates dipped a bit this week, still holding steady around the mid-6% range while demand remains weak in the…
Today's mortgage rates unchanged for 30-year terms while 15-year terms edge up | July 18, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Selling a house costs an average of $54,000 – Here's how you can control costs
Between commission fees and moving costs, home sellers said they spent more than expected to secure a home sale this…
Mortgage rates fall to 6.77%
Mortgage rates fell again this week but remain uncomfortably high for many would-be buyers. Freddie Mac's latest Primary Mortgage Market…
Today's mortgage rates remain unchanged for 30-year terms while 15-year terms drop | July 19, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Many homes are sitting stagnant on the market, causing more frequent price drops
Sellers are pricing their homes at record-high prices, but buyers aren’t biting. High interest rates and high listing prices are…
Today's mortgage rates remain unchanged for 15- and 30-year terms | July 22, 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 remain unchanged for 30-year terms while 15-year terms edge up | July 23, 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 remain unchanged for 15- and 30-year terms | July 24, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
The average down payment for the typical US home reaches $127,750: Zillow
Every aspect of homebuying has gotten more expensive in the years since the COVID-19 pandemic. Home prices have been hitting…
Today's mortgage rates remain unchanged for 15- and 30-year terms | July 25, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates increase slightly
Mortgage rates remained relatively unchanged from last week, with a slight movement higher. Freddie Mac's latest Primary Mortgage Market Survey,…
Today's mortgage rates remain unchanged for 15- and 30-year terms | July 26, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates barely budged this week as more listings flood the market
Mortgage rates this week have held steady for the most part. Rates for 30-year mortgages average 6.78% as of July…
Today's mortgage rates remain unchanged for 30-year terms while 15-year terms edge down | July 29, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…