Updated March 30 at 9:51pm

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Mortgage delinquencies rise in Providence area, drop in R.I.


PROVIDENCE – The share of homeowners falling behind on their mortgage in the Providence-Fall River-New Bedford area rose .03 percentage points in June compared with the same period last year, but fell .06 percentage points in Rhode Island, Corelogic said Thursday.

The Providence-Fall-River-New Bedford 90-day mortgage delinquency rate was 7.25 percent in June, up from 7.22 percent in June 2011, according to the California-based real estate data firm.

Statewide, the Rhode Island mortgage delinquency rate was 7.31, down from 7.37 last June.

The Providence-Fall River-New Bedford area includes Bristol County, Mass. and all of Rhode Island except Newport County.

Nationally, the 90-day mortgage delinquency rate dipped .49 percentage points year over year in June to 6.76 percent, bringing it well below both the Providence area and Rhode Island rates.

Corelogic, Rhode Island, homeowners, mortgages, delinquency rate, providence-fall river-new bedford, providence, fall river, new bedford


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