R.I. mortgage delinquency rate declines in March but remains elevated

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THE RATE of mortgage delinquency in Rhode Island of 30 days or more was 4.6% in March, marking a month-to-month improvement, but an increase year over year/. AP FILE PHOTO/CHARLES KRUPA
THE RATE of mortgage delinquency in Rhode Island of 30 days or more was 4.6% in March, marking a month-to-month improvement, but an increase year over year/. AP FILE PHOTO/CHARLES KRUPA
PROVIDENCE – The share of mortgages in Rhode Island that are delinquent 30 days or more was 4.6% in March, an increase from 4.1% one year prior, but lower than the national average rate of 4.9%, according to CoreLogic Tuesday. Month to month, the mortgage delinquency rate in the Ocean State improved, falling from 5.3%…

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