Wavget.com

Is there a key combination that works to type in a URL as an embedded link instead of the raw URL, I want to show CLICK HERE instead of the actual link.

It depends on what program you are typing into.

For example, on this message board this will do what you are looking for:
It will look like this: Click here

HTML code that will do the same:

<a href="https://www.wavget.com.com">Click here</a>