Tag: Homebuyers
Average long-term U.S. mortgage rate slips to 6.39%
LOS ANGELES (AP) – The average long-term U.S. mortgage rate edged lower this week, a modest boost for homebuyers looking for relief as a...
Will higher interest rates cool the housing market?
What goes down, must come up.
That will apply to mortgage rates, which have begun to climb after hitting historic lows in 2021 and are...
Millennials account for 34% of home purchase loans in Providence metro
PROVIDENCE – Millennials are buying homes in the Providence metro area at a higher rate than they are across the country, according to a...
BankRI, Pawtucket Central Falls Development to offer free homebuyer education workshop
PROVIDENCE – Bank Rhode Island is teaming up with Pawtucket Central Falls Development to offer another free, virtual workshop for first-time homebuyers, according to...
It’s best to prep before shopping for a new home
If you’re hoping to buy a home this summer, you’re in good company. Homebuyers in Rhode Island and around the country are facing the...
Creating a ‘pocket’ in the housing market
For many buyers, the American dream is no longer a single-family house with a yard.
Instead, they want to own a smaller but well-designed home...
The Fed did no favors for spring homebuyers
The Federal Reserve cut interest rates three times last year and pledged not to increase them absent meaningful increases in wages and inflation –...
Survey: Rich millennials want huge luxury homes
A new generation of affluent homebuyers powered by a surge in inherited wealth is driving the luxury-home market, demanding larger spaces and fancier finishes,...
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