Tag: Mortgages
Average U.S. long-term mortgage rate inches up to 6.93%
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
The benchmark 30-year fixed rate loan rate...
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 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...
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...
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