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State awards $7.5M to boost homeownership

PROVIDENCE – The state awarded $7.5 million to support production of 172 new homes across the state, Gov. Daniel J. McKee and R.I. Secretary...

Average long-term U.S. mortgage rate dips to 6.17%, its lowest level...

The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a...

BankRI, PCF Development to host free workshop for first-time homebuyers

PROVIDENCE – Bank Rhode Island and Pawtucket Central Falls Development will host a free virtual workshop on Oct. 22 aimed at breaking down the...

CoreLogic: R.I. home price index up 9.2% year over year in...

PROVIDENCE – The Rhode Island home price index increased 9.2% year over year in June, higher than the national growth rate of 4.7%, according...

Study: R.I. average mortgage rate highest in nation

PROVIDENCE – Rhode Island's average mortgage interest rate of 7.875% is the highest in the nation, according to a study by Flatworld Solutions.  Researchers at...
THE RHODE ISLAND home price index increased 9.84% year over year in April, higher than the national growth rate of 5.3%, according to CoreLogic Inc. / AP FILE PHOTO/ROGELIO V. SOLIS

CoreLogic: R.I. home price index up 9.84% year over year in...

PROVIDENCE – The Rhode Island home price index increased 9.84% year over year in April, higher than the national growth rate of 5.3%, according...

R.I. mortgage delinquency rate rises 2.7% in March

PROVIDENCE – The share of mortgages in delinquency for 30 days or more in Rhode Island was 2.7% in March, up from 2.5% a...

Long-term mortgage rates retreat for second straight week

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing...

2023 was slowest year for U.S. home sales in nearly 30...

LOS ANGELES (AP) – Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices...

CoreLogic: R.I. home price index up 8.4% in August

PROVIDENCE – The Rhode Island home price index, a broad measure of the movement of single-family property prices, increased 8.4% year over year in...
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