R.I. Housing breaks record for Q3 mortgage volume

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RHODE ISLAND HOUSING logged a record for mortgage volume in the third quarter of 2017, funding 531 mortgages, more than any other quarter in the corporation's 44-year history. Above, Barbara Fields, executive director of Rhode Island Housing. / COURTESY RHODE ISLAND HOUSING
RHODE ISLAND HOUSING logged a record for mortgage volume in the third quarter of 2017, funding 531 mortgages, more than any other quarter in the corporation's 44-year history. Above, Barbara Fields, executive director of Rhode Island Housing. / COURTESY RHODE ISLAND HOUSING
PROVIDENCE – Rhode Island Housing funded an all-time high of 531 mortgages in the third quarter of 2017, the organization announced Monday. The mortgages for the quarter had a total value of $106 million. Rhode Island Housing noted that 84 percent of the mortgages for the quarter originated through the corporation’s 40 broker and lender…

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