Tag: Mortgages
Average long-term U.S. mortgage rate eases to 6.3%, back to its...
The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year.
The average long-term mortgage...
Cotality: R.I. home price index jumps 5.94% in July, 4th-highest in...
PROVIDENCE – The Rhode Island home price index increased 5.94% year over year in July, the fourth-highest growth rate in the nation, according to...
Powell faces fresh challenges to Fed independence amid potential rate cuts
WASHINGTON (AP) – Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces...
Mortgage rate rises to 6.89%, highest level since early February
The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since early February, further pushing up borrowing...
SEC filing of the week: Beeline posts $6.9M loss in first...
PROVIDENCE – Beeline Holdings Inc., a financial technology mortgage lender, reported a loss of $6.9 million in its first quarter as a publicly traded...
Average rate on a U.S. 30-year mortgage holds steady at 6.76%
The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below...
Federal Reserve leaves key interest rate unchanged
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and...
Federal Reserve officials see risks of higher inflation ahead, support pause...
WASHINGTON (AP) – Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark...
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....
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