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This week’s personal loan rates lower for 3-year loans

Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. Weekly updates on the latest […]

Credit card interest rates predicted to fall, but debt remains high

Credit card interest rates may drop in 2024, but many consumers still face increasing credit card balances. (iStock) There are various predictions about credit card interest rates in the coming months. As with most interest rates, if the Fed starts lowering interest rates, credit card interest rates are likely to drop as well. Credit card […]

Mortgage rates climb for fourth straight week

Whirlpool CEO Mark Bitzer has cited soft guidance for 2024 and when residential overhangs will impact the Claman countdown. Mortgage rates continued to rise, rising again for the fourth consecutive week. Freddie Mac’s latest primary mortgage market study, released Thursday, found that the average benchmark interest rate 30 year fixed mortgage This week’s rate rose […]

Q4 GDP revised down slightly – here’s what that means for interest rates

The second forecast for fourth-quarter gross domestic product (GDP) was relatively flat in this week’s second round of statistics. (iStock) of Secondary estimate According to the U.S. Bureau of Economic Analysis (BEA), real gross domestic product (GDP) for the fourth quarter of 2023 has been revised downward slightly, in part because private inventory investment was […]

Japan, Singapore, South Korea All Hit Record-Low Birth Rates in 2023

Japan, Singapore, and South Korea all have record low birth rates in 2023, and many regions in Asia are facing a severe population crisis, with rising social service costs and industrial layoffs expected in the near future. This is the latest evidence that it leads to . South Korea is already mired in the undesirable […]

Mortgage rates over 7% are throttling homebuyer demand

Real estate agent Mauricio Umanski says high mortgage rates, high prices and a lack of supply are creating difficulties for homebuyers in the Claman Countdown. Important measures home purchase The number of applications fell for the fifth consecutive week as mortgage interest rates continued to hover above 7%, suppressing demand from prospective buyers. Mortgage Bankers […]

Home prices hit an all-time high in December despite rising mortgage rates

Home prices rose for the 11th consecutive month in December. housing stock It remained painfully low. Nationally, prices rose 5.5% year over year in December, the S&P CoreLogic Case-Shiller Index showed on Tuesday. This was up from the 5% annualized increase recorded in the previous month. On a monthly basis, prices fell 0.4%, according to […]

Mortgage rates creep toward 7%, straining homebuyer affordability: Freddie Mac

Homebuyers saw mortgage rates inch upward again this week. (iStock) Mortgage rates have been flat for weeks, but have edged higher this week, approaching 7% for 30-year mortgages, according to Freddie Mac. The average interest rate on a 30-year fixed-rate mortgage for the week ending Feb. 22 was 6.9%, according to Freddie Mac’s latest research. […]

Shipping Insurance Rates Soar as Red Sea Crisis Bites

AFP — Attacks on commercial ships in the Red Sea by Yemen’s Houthi rebels have sent insurance premiums soaring, exacerbating costs already rising due to higher freight costs and the extension of alternative trade routes. Since November, the Houthis have carried out relentless attacks on ships transiting the Red Sea, a maritime hub through which […]

This week’s personal loan rates lower for 5-year loans

Here at Credible Operations, Inc. (NMLS No. 1681276) (hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your finances. We promote the products of financial institutions we work with in exchange for our services, but all opinions are our own. Weekly updates on the latest […]

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