Thursday, February 13, 2025

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Federal Reserve is likely to slow its rate cuts with inflation...

WASHINGTON (AP) – Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting....

Average rate on 30-year mortgage hits 6.6%, its third straight weekly...

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers...

Average rate on a 30-year mortgage in the U.S. falls to...

The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October.  The rate dropped...

Federal Reserve officials signal cautious path for rate cuts amid still-high...

 WASHINGTON (AP) – With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about...

Average rate on a 30-year mortgage in the U.S. rises to...

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week as it climbed to its highest level since...

R.I. home prices increase 9.4% in Q3

PROVIDENCE – The median Rhode Island home sale in the third quarter of 2024 was $490,000, a 9.4% increase year over year, according to...

Federal Reserve is set to cut rates again while facing a...

WASHINGTON (AP) – No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days later is much easier...

Average rate on a 30-year mortgage in the U.S. rises for...

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August.  The...

Average rate on a 30-year mortgage slips to 6.08%, lowest level...

The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years, boosting home shoppers' purchasing power as...

American consumers are feeling less confident as concerns about jobs take...

WASHINGTON (AP) – American consumers are feeling less confident this month as concerns about jobs rose significantly.  The Conference Board, a business research group, said Tuesday that...
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