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R.I. mortgage delinquency rate remains 2.9% in April

PROVIDENCE – The share of mortgages in delinquency 30 days or more in Rhode Island was 2.9% in April, same as it was a...

June pause in rate hikes would be close call for Fed...

WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...

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...
THE SHARE OF MORTGAGES in delinquency 30 days or more in Rhode Island and the nation was 2.8% in January, according to CoreLogic Inc. / PBN FILE PHOTO

R.I. mortgage delinquency rate drops to 2.8% in January

PROVIDENCE – The share of mortgages in delinquency 30 days or more in Rhode Island was 2.8% in January, down from 3.2% in the...
Désirée Lim

The ethics of homeownership in an age of inequality

For many Americans today, homeownership is an unattainable dream. In 2022, the average long-term U.S. mortgage rate rose to 7% for the first time in...

U.S. consumer inflation eased to 7.7% over past 12 months

WASHINGTON (AP) – Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the...

R.I. mortgage delinquency rate dips to 3.3% in December

PROVIDENCE – The share of mortgages in delinquency 30 days or more in Rhode Island was 3.3% in December, a decline from 5.6% a...

BankNewport opens Warwick branch

NEWPORT – BankNewport has come to Warwick, commemorating the opening of its newest branch with a ribbon-cutting event on Nov. 30. The new branch at...
BUILDING ANEW: Jessica Kennedy is cofounder and chief operating officer of Beeline Loans Inc., a startup that offers a web platform for potential borrowers to seek mortgage approvals quickly. / PBN PHOTO/MICHAEL SALERNO

Kennedy made a Beeline out of the legal world

Jessica Kennedy has gone from Florida to Boston to Rhode Island and from the workaday rat race to helping others out of the often-blood-boiling...

Five Questions With: Mary E. Noons

Mary E. Noons is executive vice president and chief retail lending officer for The Washington Trust Co. She has more than 25 years of...
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