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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...
COSTING BUYERS? New practices by the National Association of Realtors could leave homebuyers paying for their real estate agent’s services when traditionally they were covered by the sellers. 
AP FILE PHOTO/DAVID ZALUBOWSKI

Looking to buy a home? Commission could be a factor

Thinking of buying a home with the help of a real estate agent? You can no longer take it for granted that a seller...

U.S. home sales ended a 4-month slide in July   

LOS ANGELES (AP) – Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on...

Five Questions With: Susan Martins-Phipps

Susan Martins-Phipps serves as chairperson of the Rhode Island Association of Realtors’ Government Affairs Committee, and a member and past chair of the association’s...

U.S. home sales fall for the 3rd straight month in May

LOS ANGELES (AP) – Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged...
OPEN-­ENDED: Kristen Regine, right, a real estate agent and professor of marketing at Johnson & Wales University, holds an open house for a client in Richmond. Regine says changes to the broker commission system will have ripple effects on the real estate industry, but just what effects remains to be seen. 
PBN PHOTO/­MICHAEL SALERNO

Settled lawsuits may have impact on house sales

It’s long been the case that when a homeowner in Rhode Island is ready to sell and hires a Realtor, it’s taken for granted...

U.S. existing home sales drop 1.9% in April, pushed lower by...

WASHINGTON (AP) – High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month.  Existing home sales fell 1.9%...

Home sales rose in January with easing mortgage rates, larger supply

LOS ANGELES (AP) – Sales of previously occupied U.S. homes rose in January as homebuyers were encouraged by easing mortgage rates and a modest...

2023 was slowest year for U.S. home sales in nearly 30...

LOS ANGELES (AP) – Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices...

Lower mortgage rates next year unlikely to entice ‘rate-locked’ homeowners to...

LOS ANGELES (AP) – Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average...
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