Author: Press 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. The interest rate on a 30-year fixed-rate mortgage is 6.990% as of June 12, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Investors worried about concentration risk in the market may want to consider value-oriented investments.Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking at index funds such as the S&P 500. He thinks his firm’s exchange-traded fund strategy can provide better returns in the long run, emphasizing companies with low valuations and strong balance sheets.”We’re going to be less concentrated,” he told CNBC’s “ETF Edge” this week. “So we are kind of making a lot of smaller bets on these lower valuation, better profitability [companies] paying off through time.”Avantis’ U.S. Large Cap Value ETF…

When my husband Brian first told me he’s from Laguna Beach, it took everything in me to play it cool. “Oh, is that near Los Angeles?” I asked. Like most elder millennials, I knew exactly where Laguna Beach was. I’d seen every episode of the reality show (I was an LC with a Kristin haircut) and was a superfan of “The OC” to boot. (Seth and Summer forever!) I don’t know why I pretended. Turns out, Brian’s a Seth-and-Summer stan, too.I never imagined we’d end up living in the land of beachside cottages and sun-drenched ocean coves I’d seen on TV. But…

“Good news is bad news” has been a common refrain for a while now. When economic reports are released that are solid, they have all too often been clouded with concerns that good news for the economy actually means a longer wait before the Federal Reserve rolls out rate cuts. This week, a string of good news was actually good news: Closely watched inflation gauges showed prices had cooled more than anticipated; Americans’ financial outlooks were rosier than they have been in years while their inflation expectations dipped; and, on Friday, US import prices reversed course and fell sharply, adding…

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In the fall of last year, I believed that shares of MSC Industrial Direct Co., Inc. (NYSE:MSM) were getting back on their feet. The MRO (maintenance, repair & operating) business saw modest growth, nothing too impressive, but not too shabby as well. Recently, the company has seen activity slow down, and now reports year-over-year sales declines, weighing on margins as well. While this is the case and a big pullback to the guidance does not come out of the blue, I see very reasonably priced shares, although MSC has been a mediocre performer as well, truth be said. An MRO…

US stocks climbed to record highs for the fourth straight session after data showed inflation fell to 3.3 per cent in May, raising expectations of early interest rate cuts. The S&P 500 closed 0.2 per cent higher on Thursday, despite 60 per cent of stocks in the benchmark index declining on the day. The tech-focused Nasdaq Composite rose 0.4 per cent, as four Magnificent Seven stocks rose.The S&P 500 most recently had a four-day winning streak earlier this month, but it was the Nadsaq’s first such streak since late March.The steady gains in US equities pushed Wall Street’s Vix index…

The US State Department on Friday designated a Nordic neo-Nazi group and three of its top officials as terrorists. It’s the second time in history that the US has designated a foreign White supremacist organization and its leaders as terrorists. The department designated the Nordic Resistance Movement (NRM) and three of its top officials – Tor Fredrik Vejdeland, Pär Öberg, and Leif Robert Eklund – as Specially Designated Global Terrorists on Friday, according to a statement from spokesperson Matthew Miller. It is the first time the Biden administration has made such a designation of a White supremacist group. The Trump administration in 2020 designated the Russian…

Nowadays, you can find many people who call themselves “financial planners” or “retirement advisers.” Unfortunately, there aren’t consistent definitions and professional requirements for these common terms, unlike the situation with professionals such as doctors, dentists, accountants, or lawyers. Another problem is that many people confuse investment advice with retirement planning. While investing can be an important part of your retirement plan, there are other decisions you’ll need to make that don’t involve investing, yet can have a greater impact on your retirement security. Before you begin working with a retirement adviser, be clear about the retirement decisions you’ll need help…