Tag: Mortgages
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....
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...
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