Tag: Mortgages
R.I. home prices rise 4.8% in November
WARWICK – The median price of single-family homes sold in Rhode Island continued to climb in November, rising 4.8% from a year earlier, while...
Federal Reserve keeps interest rates unchanged, foresees 3 rate cuts next...
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely...
Average long-term U.S. mortgage rate falls to 7.03%, lowest level since...
LOS ANGELES (AP) – Home loan financing costs eased again this week, as the average long-term U.S. mortgage rate slid to its lowest level...
U.S. home sales slumped to slowest pace in more than 13...
LOS ANGELES (AP) – Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 13 years as surging...
Average long-term U.S. mortgage rate falls to 7.5% in second straight...
LOS ANGELES (AP) – The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for...
CoreLogic: Average R.I. homeowner added $19K in equity in Q2
PROVIDENCE – Homeowners with mortgages in Rhode Island saw an average equity gain of $19,956 from the second quarter of 2022 to the second...
Federal Reserve raises key rate for 11th time by a quarter-point
WASHINGTON (AP) – The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that...
Federal Reserve minutes: Some officials wanted to raise interest rates last...
WASHINGTON (AP) – Some Federal Reserve officials pushed to raise the Fed's key interest rate by one-quarter of a percentage point at their meeting...
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...
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