Tag: interest rates
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...
Federal Reserve keeps interest rates unchanged
WASHINGTON (AP) – The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6%...
SEC filing of the week: Beeline Holdings eyes $100M in annual...
PROVIDENCE – Beeline Holdings Inc., a financial technology mortgage lender, is projecting $100 million in annual revenue within 24 months, according to its filing...
Will interest rates drop as anticipated in 2026?
For Rhode Island’s business owners, homeowners and lenders, 2026 is shaping up to be a year defined in part by two questions: When will...
Average U.S. long-term mortgage rate hits the lowest point in more...
The average long-term U.S. mortgage rate is now down to its lowest level in more than three years.
The benchmark 30-year fixed rate mortgage rate...
Sluggish hiring closes out a frustrating year for job seekers though...
WASHINGTON (AP) – Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also...
Average U.S. long-term mortgage rate ticks down to 6.18% this week
WASHINGTON (AP) – The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the...
Federal Reserve cuts key rate but signals higher bar for future...
WASHINGTON (AP) – The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may...
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