Housing
70 results total, viewing 1 - 10
Can you still do a short-term house flip using federally insured, low-down payment mortgage money? That’s an important question for buyers, sellers, investors and realty agents who’ve taken part in a nationwide wave of renovations and quick resales using Federal Housing Administration-backed loans during the past four years. more
Kevin Hackman, an elder law attorney in Warwick, says he has about a dozen clients a year interested in reverse mortgages, only half of whom actually follow through and get one. more
Rhode Island again ranked third last month among states with the most mortgages that were delinquent by 90 days or more, according to data released Friday by Black Knight Financial Services’ data and analytics division. more
Purchases of new homes in the U.S. were little changed in September after the prior month was revised down, showing an uneven recovery that will limit how much residential real estate contributes to growth. more
Attorney General Peter F. Kilmartin is expected to announce a $500,000 grant to the Green & Healthy Homes Initiative to help address energy efficiency, weatherization and indoor air quality issues in homes of low-income families in Rhode Island. more
Providence and East Providence received more than $8 million in housing grants, according to a news release from U.S. Sens. Jack Reed and Sheldon Whitehouse and U.S. Reps. James R. Langevin and David N. Cicilline. more
In partnership with the Fall River Affordable Housing Corporation, Mechanics Cooperative Bank will offer a two-night seminar on Wednesday and Thursday, Oct. 22 and 23 for first-time homebuyers. more
Ed Fine’s recent rejection for a refinancing of his home loan wasn’t exactly like former Federal Reserve Chairman Ben Bernanke’s. But there are enough similarities to raise questions about current tight mortgage market standards and how lenders scrutinize applicants’ incomes. more
In a volatile economy and real estate market, Rhode Island rents have been a source of stability. more
Economic conditions remain mixed in New England, with manufacturers citing weaker results, but those in the tourism industry reporting gains, according to the Federal Reserve’s Beige Book released Wednesday. more
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