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Wednesday, October 28, 2020
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Federal, state governments move quickly to stabilize housing through COVID-19 crisis

PROVIDENCE – Even before the historic $2 trillion stimulus package was announced by federal lawmakers Wednesday, many Rhode Island families and businesses who have...
LIMITED EFFECT: Stephen Tetzner, vice president of Homestar Mortgage Inc. in Providence, says increased limits on conforming home loans, which feature lowered interest rates and more flexible credit score requirements, will do little to help the high-end market. / PBN PHOTO/MICHAEL SALERNO

Higher conforming loan limits will have varied impact on R.I. housing...

Rhode Island homebuyers are already taking advantage of increased limits on mortgages insured by the Federal Housing Administration and those acquired by Fannie Mae...
THE MEDIAN PRICE of a single-family home sold in July was $297,500, a 6.5% increase year over year. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE

R.I. median single-family goes for $298K in July, up 6.5% Y/Y

PROVIDENCE – The median price of a single-family home in Rhode Island was $297,500 in July, a 6.5% increase year over year, according to...

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