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BALANCED APPROACH: Jillian J. DeShiro, executive vice president and chief financial and operating officer at Centreville Bank, says banks need to be able to operate in a high-rate environment and a low-rate environment “because you don’t get to choose which one you’re in.”  
PBN PHOTO/­MICHAEL SALERNO

Will interest rates drop as anticipated in 2026?

For Rhode Island’s business owners, homeowners and lenders, 2026 is shaping up to be a year defined in part by two questions: When will...

Average rate on a 30-year mortgage holds steady at lowest level...

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for...

Mortgage rates climb to highest level since late February 

The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in...

Average long-term U.S. mortgage rate edged higher this week, remains in...

LOS ANGELES (AP) – The average long-term U.S. mortgage rate edged higher this week, reflecting a recent uptick in the 10-year Treasury yield. The average...
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