Rhode Island

Today's Rhode Island (RI) Mortgage Rates

Rhode Island (RI) Mortgage Rates & Mortgage Loan Data – Prior Year

  • Loan originated: 252,503
  • Application denied by financial institution: 87,977
  • Loan purchased by the institution: 78,870
  • Application withdrawn by applicant: 45,145
  • Application approved but not accepted: 22,052
  • File closed for incompleteness: 14,951
  • Preapproval request denied by financial institution: 62
  • Preapproval request approved but not accepted: 4

  • Refinancing: 315,347
  • Home purchase: 150,111
  • Home improvement: 36,106

  • Conventional: 397,665
  • FHA-insured: 90,575
  • VA-guaranteed: 11,255
  • FSA/RHS-guaranteed: 2,069

  • White: 382,188
  • Information not provided by applicant in mail, Internet, or telephone application: 52,145
  • Not applicable: 43,554
  • Black or African American: 12,844
  • Asian: 7,827
  • American Indian or Alaska Native: 1,552
  • Native Hawaiian or Other Pacific Islander: 1,454

  • Not Hispanic or Latino: 379,792
  • Information not provided by applicant in mail, Internet, or telephone application: 50,595
  • Not applicable: 43,623
  • Hispanic or Latino: 27,554

  • Male: 292,004
  • Female: 138,081
  • Not applicable: 43,557
  • Information not provided by applicant in mail, Internet, or telephone application: 27,922

  • Department of Housing and Urban Development: 123,038
  • Office of the Comptroller of the Currency: 106,420
  • Consumer Financial Protection Bureau: 99,465
  • National Credit Union Administration: 53,515
  • Federal Deposit Insurance Corporation: 52,969
  • Office of Thrift Supervision: 44,070
  • Federal Reserve System: 22,087

  • Providence County: 254,948
  • Kent County: 94,179
  • Washington County: 79,956
  • Newport County: 45,721
  • Bristol County: 26,343
  • Unknown: 417

  • Providence, New Bedford, Fall River – RI, MA: 423,673
  • Providence, Warwick – RI, MA: 77,426
  • Unknown: 465

  • Unknown: 436,385
  • Collateral: 17,651
  • Debt-to-income ratio: 14,834
  • Credit history: 13,160
  • Other: 8,366
  • Credit application incomplete: 6,336
  • Unverifiable information: 2,806
  • Insufficient cash (downpayment, closing costs): 1,146
  • Employment history: 723
  • Mortgage insurance denied: 157

  • Not a HOEPA loan: 501,550
  • HOEPA loan: 14

  • Secured by a first lien: 378,412
  • Not applicable: 78,870
  • Secured by a subordinate lien: 36,104
  • Not secured by a lien: 8,178

  • Owner-occupied as a principal dwelling: 450,592
  • Not owner-occupied as a principal dwelling: 48,792
  • Not applicable: 2,180

  • One-to-four family dwelling (other than manufactured housing): 497,796
  • Multifamily dwelling: 2,038
  • Manufactured housing: 1,730

  • Loan was not originated or was not sold in calendar year covered by register: 272,239
  • Fannie Mae (FNMA): 68,054
  • Freddie Mac (FHLMC): 43,978
  • Ginnie Mae (GNMA): 35,853
  • Commercial bank, savings bank or savings association: 22,246
  • Affiliate institution: 21,099
  • Life insurance company, credit union, mortgage bank, or finance company: 20,289
  • Other type of purchaser: 15,132
  • Private securitization: 2,669
  • Farmer Mac (FAMC): 5