Tag: negative equity mortgages
R.I. homeowners see average equity gain of $68K Y/Y in Q2
PROVIDENCE – Homeowners with mortgages in Rhode Island saw an average equity gain of $68,345 from the second quarter of 2020 to the second...
R.I. had 3.9% share of ‘underwater’ mortgages in Q1
PROVIDENCE – The share of Rhode Island homes with negative equity fell to 3.9% in the first quarter, a decline from 6.1% in the...
R.I. mortgaged homes gain average equity of $6,971 Y/Y in Q4
PROVIDENCE – Homes with mortgages in Rhode Island gained an average equity of $6,971 year over year in the fourth quarter of 2019, according...
R.I. sees $3.6K boost in home equity Y/Y in Q3
PROVIDENCE – The average equity gain of a homeowner on a mortgage in Rhode Island was $3,555 year over year in the third quarter...
Report: 6.1% of R.I. mortgages ‘underwater’ in Q1
PROVIDENCE – The share of mortgaged homes that have negative equity in Rhode Island in the first quarter of 2019 was 6.1%, a decline...
Underwater mortgage rate declines in Providence metro in Q4
PROVIDENCE – The share of mortgages with negative equity, or underwater mortgages, in the Providence-Warwick-Fall River metropolitan area declined 1.1 percentage points year over...