Updated August 1 at 11:45am
Housing
175 results total, viewing 111 - 120
Are reverse mortgages headed in reverse? Based on forthcoming federal rule changes for seniors who expect to apply for one, you might think so. But as a taxpayer, you might say, bravo: Toughening up qualification standards – including such basics as checking applicants’ credit, income and cash flows – is a leap forward, long overdue. more
The U.S. mortgage market hit bottom in 2014. Chief economists at Fannie Mae and Moody’s Analytics Inc. as well as the Mortgage Bankers Association all predicted a turnaround this year after a record decline in 2014. more
Sales of single-family homes in the Bay State rose 1.4 percent in October, marking the first time sales have increased year-over-year since June, according to the latest report by The Warren Group, publisher of Banker & Tradesman. more
The foreclosure rate in the Ocean State continued its downward trend, registering 1.85 percent in September compared with 2.42 percent a year ago, according to data firm CoreLogic. more
Economic conditions remain mixed in New England, with manufacturers citing weaker results, but those in the tourism industry reporting gains, according to the Federal Reserve’s Beige Book released Wednesday. more
In partnership with the Fall River Affordable Housing Corporation, Mechanics Cooperative Bank will offer a two-night seminar on Wednesday and Thursday, Oct. 22 and 23 for first-time homebuyers. more
Attorney General Peter F. Kilmartin is expected to announce a $500,000 grant to the Green & Healthy Homes Initiative to help address energy efficiency, weatherization and indoor air quality issues in homes of low-income families in Rhode Island. more
Single-family home sales dropped 1.9 percent in the third quarter, the Rhode Island Association of Realtors said on Wednesday. more
Rhode Island’s foreclosure inventory dropped six-tenths of a percentage point in September compared with a year ago, and the state also registered fewer completed foreclosures during that same period, according to information released Wednesday by CoreLogic. more
Rhode Island ranked in the worst 10 performers nationally for month-over-month changes in home sale prices in August, according to Black Knight Financial Services’ data and analytics division. more
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