R.I. sees $3.6K boost in home equity Y/Y in Q3

THE SHARE OF mortgages in Rhode Island were in negative equity in the third quarter of 2019 was 5%. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT
THE SHARE OF mortgages in Rhode Island that were in negative equity in the third quarter of 2019 was 5%. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT
PROVIDENCE – The average equity gain of a homeowner on a mortgage in Rhode Island was $3,555 year over year in the third quarter of 2019, CoreLogic said on Thursday. The national average equity gain on a mortgaged home was $5,294 in that timespan. At the end of the third quarter, 5% of all mortgages…

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