Tag: Homeownership
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...
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...
The ethics of homeownership in an age of inequality
For many Americans today, homeownership is an unattainable dream.
In 2022, the average long-term U.S. mortgage rate rose to 7% for the first time in...
City must make clearer goals, scope of reparations program
Proposed spending for Providence’s still-evolving racial reparations program includes several worthy suggestions. Among them, funding for homeownership, workforce training and support for small businesses.
The...
Report: Providence has 3rd-smallest gender homeownership gap among large U.S. metros
PROVIDENCE – The capital region, including Cranston, Warwick and New Bedford, has the third-smallest gender homeownership gap among large metropolitan areas in the United...