PROVIDENCE – The rate of Rhode Island mortgage delinquencies of 30 days or more in January was 4%, a 0.6 percentage point decline year over year, CoreLogic said April 14.
Nationally, the mortgage delinquency rate was 3.5%, a decline from 4% one year prior. The Rhode Island mortgage delinquency rate was tied with Maine for the second highest in New England in January, followed by New Hampshire with 2.8%, Vermont with 2.9% and Massachusetts with 3.2%, all 0.4 percentage point declines year over year; Maine with 4%, a 0.7 percentage point decline; and Connecticut with 4.4%, a 0.5 percentage point decline.
Everyone needs science. Science needs everyone.
The Amgen Foundation is guided by the belief that all students should have the opportunity…
Learn More
The serious delinquency rate of mortgages in Rhode Island, or the share of mortgages 90 days or more delinquent, was 1.4% at that time, a decline from 1.7% one year prior. The state foreclosure rate was 0.5% of all mortgages, a 0.1 percentage point decline over the year.
