Mortgage rates are nearing 7% as inflation ticks back up: Freddie Mac
According to Freddie Mac, the average interest rate on a 30-year fixed-rate mortgage last week was 6.88%. (iStock ) Mortgage interest rates continue to rise steadily. Last week, 30-year mortgage rates averaged 6.88%. Reported by Freddie Mac. Last week, interest rates averaged 6.82%, and a year ago, the average interest rate on a 30-year fixed-rate […]
Mortgage rates creep up to 7% as home-buying season begins
Average long-term mortgage rates in the U.S. rose to a five-week high, a setback for prospective homebuyers during what is traditionally the busiest time of the year for home sales. Mortgage buyer Freddie Mac announced Thursday that its average interest rate on 30-year mortgages rose to 6.88% from 6.82% last week. The average interest rate […]
This week’s personal loan rates rise for 3-year loans, fall for 5-year terms
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 our financial institution partners in exchange for their services, but all opinions are our own. Weekly updates on the latest trends […]
Democrat claiming ‘inflation rates are down’ interrupted by higher than expected inflation report
On Wednesday morning, reality collided with Democratic lawmakers’ efforts to defend President Biden’s record on inflation. South Carolina Representative James Clyburn spoke on MSNBC’s “Morning Joe” about a recent focus group in which he accused the president of “gaslighting” on the economy. Although Clyburn acknowledged that people are worry about inflationHe said that the inflation […]
Mortgage rates climb again approaching 7%
In a wide-ranging interview on Cavuto: Coast to Coast, Corcoran Group founder and Shark Tank star Barbara Corcoran discusses real estate market trends and challenges. Mortgage rates rose this week to near 7% as the housing market slump shows no signs of easing. Freddie Mac’s latest Primary Mortgage Market Study, released Thursday, found that the […]
Mortgage rates hit highest level since November after hot inflation report
Mortgage rates rose to their highest since November as the much-anticipated rate cut schedule was extended until 2024. The average 30-year fixed mortgage rate on Wednesday reached 7.29%, the highest since November. daily mortgage news. The jump followed the release of new consumer price index inflation data for March, which came out slightly better than […]
10-year private student loan interest rates plunge
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 our financial institution partners in exchange for their services, but all opinions are our own. The latest private student loan rates […]
JPMorgan CEO warns interest rates could rise to 8 percent ‘or even more’
JPMorgan Chase & Co. CEO Jamie Dimon warned in a letter to shareholders on Monday that interest rates could rise above 8%. “[W]People are prepared for a very wide range of interest rates, from 2% to 8% or more, which will lead to an equally wide range of economic outcomes, such as strong economic growth […]
STD rates skyrocket among Americans 55 and older: CDC
What are the most common sexually transmitted diseases? Three most common sexually transmitted diseases are on the rise as U.S. cases rise amid public health funding cuts and clinic closures The incidence of sexually transmitted infections increases sharply in certain age groups, but you may be surprised to know which ones. CDC’s Latest statistics Studies […]
This week’s personal loan rates raise for 3- and 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 […]