Tag: Mortgages
Mortgaged homes in R.I. see average year-over-year equity gain of $51K...
PROVIDENCE – The average equity gain per borrower of a mortgaged home in Rhode Island was $51,000 year over year in the second quarter...
Average long-term U.S. mortgage rate holds at 6.35%
The average rate on a 30-year mortgage in the U.S. was flat this week ahead of an expected interest rate cut from the Federal...
Powell may hint at how fast and how far the Fed...
WASHINGTON (AP) – Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market that's...
TOP MORTGAGE PROFESSIONAL RETURNS
RUMFORD, RI – Shamrock Powered by CMG Home Loans announced the return of sales professional Juan Cerda to their organization.
Cerda led Shamrock’s commitment to...
CoreLogic: R.I. home price index up 9.84% year over year in...
PROVIDENCE – The Rhode Island home price index increased 9.84% year over year in April, higher than the national growth rate of 5.3%, according...
Federal Reserve’s preferred inflation gauge eased last month for the first...
WASHINGTON (AP) – A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after...
R.I. mortgage delinquency rate rises 2.7% in March
PROVIDENCE – The share of mortgages in delinquency for 30 days or more in Rhode Island was 2.7% in March, up from 2.5% a...
Long-term U.S. mortgage rate rises, reaching highest level more than five...
LOS ANGELES (AP) – The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing...
R.I. mortgage delinquency rate dips to 2.9% Y/Y in February
PROVIDENCE – The share of mortgages in delinquency 30 days or more in Rhode Island was 2.9% in February, down from 3% a year...
What recession? Professional forecasters raise expectations for U.S. economy in 2024
NEW YORK (AP) – This year looks to be a much better one for the U.S. economy than business economists were forecasting just a...
