PROVIDENCE – Rhode Island had the seventh-highest percentage of noncurrent home loans in October at 7.3 percent, Black Knight Financial Services said this week.
Missouri again led the U.S. for its percentage of noncurrent loans, which combine foreclosures and mortgage delinquencies as a percent of active loans, at 11.2 percent, followed by Louisiana at 10.2 percent; New Jersey, 8.1 percent; Alabama, 7.9 percent; and New York and West Virginia, which each had percentages of 7.8 percent.
Rhode Island tied with Maine at 7.3 percent.
While Rhode Island’s percentage is still high, it is an improvement from last year, as it fell 18.2 percent from October 2015.
The average for noncurrent loans was 5.3 percent nationwide in October.
North Dakota again had the lowest percentage of noncurrent loans at 2.2 percent. New Hampshire had the lowest percentage among the New England states, coming in 14th lowest at 4.5 percent.
No posts to display
Sign in
Welcome! Log into your account
Forgot your password? Get help
Privacy Policy
Password recovery
Recover your password
A password will be e-mailed to you.