R.I. negative-equity rate declines to $3.8% in Q2

RHODE ISLAND homeowners earned an average of $14,000 in equity year over year in the second quarter of 2020. / COURTESY CORELOGIC
RHODE ISLAND homeowners earned an average of $14,000 in equity year over year in the second quarter of 2020. / COURTESY CORELOGIC
PROVIDENCE  – The share of mortgaged homes in negative equity in Rhode Island declined to 3.8% in the second quarter, CoreLogic said on Monday. The share of mortgaged homes in the Ocean State with negative equity was 5.5% one year prior and 3.9% in the first quarter of 2020. The national rate of negative equity…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display