Tag: Homebuyers
Mortgage rates snap three-week pullback, pushing average rate back above 7%
LOS ANGELES (AP) – The average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers a time...
Income gaps highlight stark differences in communities
In a state as small as Rhode Island, dramatic shifts and differences in wealth should be few and far between.
But as this week’s cover...
Average long-term U.S. mortgage rate falls slightly, easing borrowing costs for...
LOS ANGELES (AP) – The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a...
Home sales rose in January with easing mortgage rates, larger supply
LOS ANGELES (AP) – Sales of previously occupied U.S. homes rose in January as homebuyers were encouraged by easing mortgage rates and a modest...
Average long-term U.S. mortgage rate falls to 7.5% in second straight...
LOS ANGELES (AP) – The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for...
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...
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