Rumor Has It is the fifteenth studio album by country musicianReba McEntire. It was released on August 17, 1990. The album continued her streak of late-80s success and features one of her signature songs, "Fancy". CMT ranked "Fancy" at No. 27 on its list of the 100 Greatest Country Songs. Additionally, they ranked the video at No. 35 on their list of 100 Greatest Country Videos. Initially, "Fancy" song wasn't one of McEntire's larger radio hits, despite its acclaim. It peaked outside of the Top 5 at No. 8. The album peaked at No. 2 on the Billboard country album chart and No. 39 on the Billboard 200, becoming her first album to enter the mainstream top 40. It was certified triple platinum by the RIAA.
The album also contained a TV theme song - though not the last TV theme song McEntire would record. The track "Climb That Mountain High" was featured in the opening credits of an early 1990s ABCsitcom called Delta starring Delta Burke, who played an aspiring country singer. Reba also made a guest appearance on the short-lived sitcom.
Both "You Lie" and "Waitin' For the Deal to Go Down" were previously recorded by country singer Cee Cee Chapman on her 1988 album Twist of Fate, and the latter was covered in 1992 by the short-lived country music band Dixiana on their self-titled album. Their version was released as a single that year, peaking at #39 on the country charts.
The album debuted at #17 on the Billboard Top Country Albums for the week of September 29, 1990, and jumped to number 3 the next week then peaked at #2 the next week. The album stayed in the Top 10 for 26 weeks.