Tuesday, January 31, 2023

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Tag: underwater mortgages

R.I. homeowners see average equity gain of nearly $53K Y/Y in...

PROVIDENCE – Homeowners with mortgages in Rhode Island saw an average equity gain of $52,600 in the fourth quarter of 2021 compared to the...

Average R.I. homeowner equity jumps $39K Y/Y in Q4 2020

PROVIDENCE – Rhode Island homeowners saw an average annual equity gain of $39,018 year over year in the fourth quarter of 2020, the sixth-largest...
ROUGHLY 6.1% OF mortgages in Rhode Island were in negative equity in the first quarter of 2019. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

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...
THE SHARE OF underwater mortgages in the Providence metro area declined 1.1 percentage points year over year to 5.2 percent in the fourth quarter of 2018. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE

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...
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