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THIRD-QUARTER HOME EQUITY was estimated to have risen by $16,000 year over year in Rhode Island. / COURTESY CORELOGIC

Report: 7.5% of R.I. mortgages in negative equity in 3Q

PROVIDENCE – In the third quarter of 2017, 7.5 percent of mortgaged homes in Rhode Island had negative equity mortgages, according to CoreLogic Thursday.Year...
MORTGAGE OWNERS IN Rhode Island on average experienced a $15,536 gain in equity on their home year over year in the second quarter of 2017. / COURTESY CORELOGIC

Report: 7.5% of Providence metro mortgages underwater in Q2

PROVIDENCE – In the second quarter of 2017, 27,677 properties in the Providence metropolitan area were saddled with negative equity mortgages, comprising 7.5 percent...
RHODE ISLAND HOME EQUITY IS RISING, but the percent of underwater mortgages in the state remains higher than the national average. /COURTESY CORELOGIC

CoreLogic: 9.4% of R.I. mortgages are underwater

PROVIDENCE – Rhode Islanders had 22,760 “underwater” mortgages in the first quarter of 2017 according to CoreLogic. In a Thursday report, the real estate...
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