Updated March 27 at 4:27pm
Housing
164 results total, viewing 151 - 160
Orders for durable goods unexpectedly climbed for a third month in April, a sign U.S. factories will help the world’s biggest economy strengthen. more
Rhode Island Housing recently named mortgage originator Rob Rocchio its Originator of the Year Award winner. The award recognizes Rocchio’s demonstrated commitment to creating affordable financing opportunities for first-time homebuyers. more
Purchases of new U.S. homes rose in April for the first time in three months as buyers took advantage of falling mortgage rates. more
Federal Reserve Bank of Philadelphia President Charles Plosser said the strongest U.S. economy in years, buoyed by a solid housing market, may push the jobless rate below 6 percent by year-end. more
The Northeast regionally Consumer Price Index rose 1.6 percent on a non-seasonally adjusted basis during the 12 months ended in April, a less significant increase than the 2 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
The first of six planned RhodeMap RI open house events will be held Monday at the Southside Cultural Center to offer Rhode Islanders an opportunity to learn about policies and strategies proposed under the initiative and to provide feedback. more
The U.S. economy barely grew in the first quarter as harsh winter weather chilled investment and exports dropped. The expansion stalled even as consumer spending on services rose by the most in 14 years. more
The homeownership rate in the U.S. declined to the lowest in almost 19 years as rising property prices and mortgage rates held back demand. more
Homeowners who can’t help checking their address on Internet property value trackers like Zillow’s “zestimate” likely weren’t happy with Stan Humphries, the real estate website’s chief economist, when house prices were plunging in recent years. An architect of the algorithm behind the “zestimate,” Humphries is probably more popular now that home prices on Zillow are rising again. 2013 was a very strong year for real estate across the country and even in the economically challenged Providence area, where Humphries was in town recently to network with local real estate agents who use or are looking at using Zillow’s data platform. more
Coastway Community Bank was recently honored with Rhode Island Housing’s 2013 Participating Lender of the Year Award for providing their customers with more Rhode Island Housing loans than any other participating lender at a statewide breakfast for real estate professionals. more
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