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Average long-term U.S. mortgage rate falls to 7.03%, lowest level since...

LOS ANGELES (AP) – Home loan financing costs eased again this week, as the average long-term U.S. mortgage rate slid to its lowest level...

Average long-term U.S. mortgage slides to lowest level since late September

LOS ANGELES (AP) – The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers...

Report: 6-figure salary needed to afford home in Providence and Warwick

PROVIDENCE – A six-figure salary is needed to afford a home in the city and Warwick, according to a study by HSH.com. The mortgage resource...
UPWARD TREND: George Charette, CEO and president of Pawtucket Credit Union, says the credit union is expecting its mortgage volume in 2021 to be higher than last year, when it booked a record $370 million in mortgage volume, as people took advantage of historically low interest rates. / PBN PHOTO/RUPERT WHITELEY

Can mortgage industry match heights of 2020?

Rock-bottom interest rates have driven the volume of mortgage originations through the roof for financial institutions, but can that level of business continue in...
The continuing drop in interest rates has made homes more affordable, but it has increased mortgage refinancing even more, according to the Mortgage Bankers Association. / BLOOMBERG NEWS FILE PHOTO/MIKE MERGEN

Should you refinance your mortgage? Fever sweeps U.S.

NEW YORK – Suddenly, mortgage broker Mark Livingstone is working weekends and spending his meager free time reading resumes, because he needs help handling the...
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