R.I. mortgage delinquency declines in May, still above U.S. rate

PROVIDENCE – The share of Rhode Island mortgages in 30-day-or-more delinquency in May was 4.2%, a 0.5 percentage-point decline year over year, CoreLogic said on Aug. 13. Nationally, the mortgage-delinquency rate was 3.6%. Rhode Island had the third-highest mortgage-delinquency rate in New England in May, ahead of Connecticut and Maine. Mississippi had the highest mortgage-delinquency…

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