Corelogic: Providence metro mortgage delinquency rate declines in April

MORTGAGE DELINQUENCY IN the Providence metro area declined 1.1 percentage points year over year to 4.8 percent in April. The foreclosure rate in the area was 0.7 percent, a decline from 1 percent in April 2017. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT
MORTGAGE DELINQUENCY IN the Providence metro area declined 1.1 percentage points year over year to 4.8 percent in April. The foreclosure rate in the area was 0.7 percent, a decline from 1 percent in April 2017. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT
PROVIDENCE – Mortgage delinquencies of 30 days or more in the Providence-Warwick-Fall River metropolitan area declined 1.1 percentage points to 4.8 percent in April 2018 from a year earlier, according to Corelogic Tuesday. In a report on mortgage performance in the United States, the Providence metro was shown to have had a 2 percent serious…

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