Tag: interest rates
Average U.S. long-term mortgage rate climbs to highest level in nearly...
The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home...
Mortage rate climbs to highest level in more than 6 months
MCLEAN, Va. (AP) – The average long-term U.S. mortgage rate climbed this week to its highest level in more than six months, driving up...
Federal Reserve keeps rates steady, projects 1 rate cut this year
WASHINGTON (AP) – Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still...
Average U.S. long-term mortgage rate rises to 6.11%, back to where...
The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market jitters over the war with Iran.
The benchmark 30-year fixed rate mortgage...
For the first time since 2022, average U.S. long-term mortgage rate...
The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as...
U.S. consumer confidence improves modestly in February after cratering the first...
WASHINGTON (AP) – The American consumer’s confidence in the U.S. economy improved slightly in February after cratering a month earlier.
The Conference Board said Tuesday that...
Fed minutes: Lower inflation needed before many officials will support rate...
WASHINGTON (AP) – Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly...
Inflation measure dips to nearly five-year low as gas prices fall...
WASHINGTON (AP) – A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas...
Average U.S. long-term mortgage rate dips to where it was 3...
The average long-term U.S. mortgage rate is holding at just above 6% after reversing a modest uptick in recent weeks just as the housing...
Washington Trust CEO eyes stronger margins in 2026
WESTERLY – Washington Trust Bancorp Inc., the parent of The Washington Trust Co., is poised for higher profitability in 2026 as a costly interest...
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