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Average long-term U.S., mortgage rate falls to lowest level in 5...

LOS ANGELES (AP) – The average rate on a long-term U.S. home loan is down to the lowest level in five weeks, welcome news for...

U.S. jobless claim applications fall to lowest in 14 weeks

WASHINGTON (AP) – The number of Americans applying for jobless benefits fell to the lowest level in more than three months last week, reflecting...
THE RHODE ISLAND home price index increased 13.2% year over year in August, slower than the national growth rate of 13.5%. / PBN FILE PHOTO

CoreLogic: R.I. home price index up 13.2% Y/Y in August

PROVIDENCE – The Rhode Island home price index increased 13.2% year over year in August, slightly slower than the national growth rate of 13.5%,...

Lardaro: R.I. economy begins moving past pandemic

PROVIDENCE – Rhode Island’s economy expanded for the 15th consecutive month in June,  showing signs it has truly begun to move past the pandemic,...
DEMANDING JOB: Stephen Tetzner, founder and managing partner of Homestar Mortgage Inc., says 2021 was the busiest of his 46 years in the mortgage industry. / PBN PHOTO/MICHAEL SALERNO

Will higher interest rates cool the housing market?

What goes down, must come up. That will apply to mortgage rates, which have begun to climb after hitting historic lows in 2021 and are...

The Fed did no favors for spring homebuyers

The Federal Reserve cut interest rates three times last year and pledged not to increase them absent meaningful increases in wages and inflation –...
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