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

THE MORTGAGE DELINQUENCY rate in Rhode Island declined to 4.2% in May. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT
THE MORTGAGE DELINQUENCY rate in Rhode Island declined to 4.2% in May. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT
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, according to CoreLogic Tuesday. 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. The highest mortgage…

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