Mortgaged homes in R.I. see average Y/Y equity gain of $52K in Q1

THE SHARE of mortgaged homes in Rhode Island with a negative equity value was 2.23% in the first quarter of 2021. / AP FILE PHOTO/ROGELIO V. SOLIS
PROVIDENCE – The average equity gain per borrower of a mortgaged home in Rhode Island was $52,107 year over year in the first quarter of 2021, according to a report from CoreLogic Thursday. Nationally, homeowners saw an average equity gain of $33,400 per borrower in that time, the report said.  Rhode Island’s average equity increase…

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