Author: News Room
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Based on data compiled by Credible, mortgage rates for home purchases have risen for two key terms and remained unchanged for two terms since yesterday. Rates last updated on March 29, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace, has…
What’s trending in porcelain and ceramic tile? And why should builders, designers, architects, homeowners and even real estate professionals care? Tile is a versatile, multi-surface, time-tested material that can enhance the sustainability, wellness potential and resilience of the homes it clads. “All of the above are important considerations when selecting tile,” emailed Jennifer Richinelli, editorial director of TILE and Contemporary Stone & Tile Design magazines that cover these realms for the building industry. “Sustainability is very important to many specifiers, and I have noticed that more and more manufacturers are promoting their sustainable campaigns – some even now having carbon-neutral…
If you’ve ever experienced a sunburn, you understand how even the smallest touch to sunburned skin can be excruciating. Even wearing clothing can be agonizing. Sunburns make your skin hyper-sensitive, so that normal circumstances trigger exacerbated reactions. Your life can become sunburned as well. We often get into a routine in life, where we wake up, work, handle family obligations, rinse and repeat. Hitting one bad day within that routine isn’t a sunburned life. A sunburned life is more akin to when you realize that the little things that shouldn’t bother you, are all that bother you now, and your…
Over the past couple of weeks, the IRS has been rolling out its list of tax scams for 2023. Now that the IRS annual Dirty Dozen campaign has wrapped, here’s a look at what taxpayers should watch out for this year. Dirty Dozen The “Dirty Dozen” is an annual list of common scams taxpayers may encounter. Many of these schemes peak during tax filing season as people prepare their returns or hire someone to help with their taxes. The schemes put taxpayers and tax professionals at risk of losing money, personal information, data, and more. “Scammers are coming up with…
Self-employed women, broadly speaking, felt the full brunt of the Covid downturn at greater numbers than nearly any other group. The rate of self-employed mothers working at least 30 hours a week, for instance, dropped by more than 40% in one month from March to April 2020, according to Federal Reserve data. The rates of self-employed fathers working at least 30 hours a week dropped by 18% in comparison. That number has reversed, according to new data from the Federal Reserve Bank of Dallas. In the years that followed the initial Covid surge, the number of women and mothers that…
The signs are getting clearer that more labor disruption—colloquially known as millions losing existing jobs, new opportunities, income, and safety—are likely on their way. “Employment rose less than expected in March according to ADP’s estimate of private payrolls,” said Bill Adams, chief economist for Comerica CMA Bank, in an emailed statement. “The ADP report, like yesterday’s report of a big drop in job openings, supports the Fed holding interest rates unchanged at their next decision in May.” The report yesterday in job openings was the ongoing jagged declination that began after the historical peak in April 2022, as the graph…
In France, the latest production of the ‘Three Musketeers’ is hitting cinemas and it is feted for being the most expensive French film ever made. My attention however is focused on another of Alexandre Dumas’ works, ‘The Count of Monte Cristo’, where the main character Edmond Dantes, deviously wronged as a young man, eventually escapes prison on Chateau d’If, builds a fortune and then exacts revenge on his rivals. The book was set around the time of Napoleon’s escape from Elba, but this time I associate it with another well know political figure, Donald Trump. If he read books, Trump…
The yield curve is one of the most robust recession predictors and has signaled a recession may be coming since mid 2022. In contrast, U.S. stocks as measured by the S&P 500 are up materially from the lows of last October and only just below year-to-date highs, seemingly rejecting recession fears. Yet, fixed income markets see the Fed potentially cutting rates by the summer, perhaps reacting to a U.S. recession. The Evidence From The Bond Markets The recessionary evidence, at least from fixed income markets, is mounting. The 10 yield Treasury yield has been below the 2 year yield consistently…
The rise of personal finance education on TikTok plays an instrumental role in expanding fintech companies’ products and services to a broader audience, particularly women, Gen Z, and many marginalized communities. Financial education gained newfound cultural relevance in 2020, primarily due to pandemic-fueled lockdowns spurring increased engagement in personal finance content on TikTok. This carried into the world of fintech, with 79% of users looking for education around starting an emergency fund, improving credit scores, and creating a savings habit from their fintech applications, according to Plaid’s 2022 fintech effect report. In response to this demand, many companies like Current,…
The world has endured a lot recently – a pandemic, supply chain disruptions, inflation, and natural disasters. Having learned from these trials, has the world become more resilient in the face of climate and business threats? Unfortunately, the numbers show there is a long way to go. In fact, the world is arguably becoming less resilient. Although business owners are making some of the easier improvements in resilience (promising better years in the near future), others will take years to execute and yield results. These measures need to be started now to reverse the trend. Rising Financial Losses Over the…
