RI Real Estate News & Market Updates

The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate rose to 6.49% from…

A federal judge has denied the Federal Trade Commission’s request for a partial summary judgment in its antitrust challenge of Zillow Group’s partnership with Redfin, finding that disputed issues in…

Existing home sales declined in June as higher mortgage rates continued to weigh on buyer activity, although sales remained above year-earlier levels and home prices reached a new record, according…

Purchase mortgage demand gained momentum in June as overall mortgage rate-lock activity increased and lenders continued adjusting to a higher interest rate environment, according to Optimal Blue’s June 2026 Market…

Synergy One Lending, a division of American Pacific Mortgage (APM), will assume control of Newrez’s distributed retail mortgage business under a new strategic agreement announced Wednesday, extending an existing partnership…

Ryan Smith will become CEO of Visionary Homes on Sept. 1, 2026, as founder and current chief executive Jeff Jackson transitions to chairman of the board, the Utah homebuilder recently…

In a request for information (RFI) scheduled for publication Thursday in the Federal Register, the Consumer Financial Protection Bureau (CFPB) will seek public input on whether mortgage disclosure requirements and…

Can mortgage rates get to 7% or above this year, given the continued nature of the Iran conflict? While not part of my forecast in 2026, the Iranian conflict has…

Unlock Partnership Solutions Inc., dba Unlock Technologies, has agreed to treat its home equity agreements (HEAs) as consumer credit under Colorado law, pay restitution to affected homeowners, and meet state…

As more Americans end marriages later in life, some senior homeowners are turning to reverse mortgages as a way to manage the financial challenges of a “gray divorce.” Divorces that…