Mortgage
Mortgage rates rise above 7% for first time since May
Mortgage rates continued their upward climb this week, leaping above 7% and adding further pressure on the stagnant housing market. Freddie Mac's latest Primary Mortgage…
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Today's 30-year mortgage rates plummet while 15-year mortgage rates rise | May 1, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today's 30-year mortgage rates rise while 15-year mortgage rates drop | May 2, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates jump again to 7.22%
Mortgage rates climbed again this week, exacerbating the home affordability crisis that is stifling the housing market. Freddie Mac's latest…
Fed holds interest rates higher for even longer as inflation remains high
The Federal Reserve said that a lack of progress in bringing inflation down over the last few months is why it is…
Mortgage rates push higher with no relief in sight: Freddie Mac
Mortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its restrictive policy stance…
Today's 30-year mortgage rates hold steady | May 3, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
The unemployment rate barely rose, but only 175,000 jobs were added in April
The U.S. added 175,000 jobs in April, according to the Bureau of Labor Statistics Employment Situation report. That’s a small…
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 6, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
More homebuyers are paying discount points as interest rates continue to rise
Mortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are becoming more prevalent…
Today's 15-year mortgage rates fall, while 30-year terms hold steady | May 7, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
There are now 550 US cities where the typical home value is $1 million or more
Home prices are reaching a peak. Currently, 550 cities in the U.S. have home values that average $1 million or…
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 8, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Today's 15-year mortgage rates rise, while 30-year terms hold steady | May 9, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates tick down to 7.09%
Mortgage rates dipped slightly this week for the first time since March, but remain above 7% as a home affordability…
Percentage of US mortgages considered 'seriously underwater' rises
A new report finds that the percentage of U.S. mortgages considered to be "seriously underwater" rose in the first quarter…
Today's 15- and 30-year mortgage rates rise | May 10, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the…
Mortgage rates dropped this week, but still sit above 7%: Freddie Mac
Mortgage rates have steadily been rising over the last few weeks, but rates have finally started to dip. Rates for…
The US added over 300,000 jobs in March and the unemployment rate dropped slightly
The unemployment rate decreased marginally in March to 3.8%, the Bureau of Labor Statistics noted in its Employment Situation Report.…