By Christine Dunn
PROVIDENCE, R.I. -- Mortgage delinquencies in Rhode Island were up by less than half of 1 percentage point in the second quarter of 2013, to 8.11 percent of loans, and the percentage of loans in foreclosure fell by less than half of 1 percentage point, to 3.43 percent of loans, according to new data from the Mortgage Bankers Association.
Nationally, Rhode Island ranked 9th in delinquencies and 10th in new foreclosures started during the quarter. The national delinquency rate for mortgage loans was 6.8 percent, and the national foreclosure rate was 3.33 percent.
The state and national data was included in the association's National Delinquency Survey, released Thursday.