Ocean State Today

Average VA IRRRL Loan amount in Rhode Island declines from 2022 to 2023

By Ocean State Today | May 30, 2024

The average VA IRRRL Loan amount for Rhode Island in 2023 was $381,997, according to figures provided by the Veterans Affairs Home Loans Index.

Rhode Island one of 30 states that allows copay accumulators

By Ocean State Today | May 28, 2024

Rhode Island is one of thirty states that allows copay accumulators.

Average VA home loan amount in Rhode Island increases in Q1

By Ocean State Today | May 25, 2024

The average VA home loan amount in Rhode Island during the first quarter of the fiscal year 2024 was $419,663, a 2.9% increase over the previous quarter, according to the Veterans Affairs Home Loans Index.

Rhode Island ranks 49th in total VA home loans during Q1

By Ocean State Today | May 17, 2024

Rhode Island ranked 49th in VA home loans in the first quarter of 2024 with 141 loans issued, according to the Veterans' Affairs Home Loans Index.

Rhode Island ranked 12th in average VA home loan amount in Q1

By Ocean State Today | May 17, 2024

With $419,663 in home loans issued, Rhode Island ranked 12th in average loan amount for VA home loans in the first quarter of fiscal year 2024, according to the Veterans' Affairs Home Loans Index.

VA provides 29.9% fewer home purchase loans in Rhode Island in Q1

By Ocean State Today | May 17, 2024

There were 101 VA home purchases in Rhode Island in the first quarter of the VA's fiscal year 2024, totaling $44.8 million in loans, according to figures provided by the Veterans Affairs Home Loans Index.

Rhode Island receives $417,987 in VA Interest Rate Reduction Refinance Loan during Q1

By Ocean State Today | May 16, 2024

The VA issued one Interest Rate Reduction Refinance Loan in Rhode Island during the first quarter of fiscal year 2024, according to the Veterans Affairs Home Loans Index.

VA issues fewer Interest Rate Reduction Refinance Loans in Rhode Island in Q1 2024 vs. Q4 2023

By Ocean State Today | May 16, 2024

The VA issued one Interest Rate Reduction Refinance Loans in Rhode Island during the first quarter of fiscal year 2024, compared to four loans the previous quarter, according to figures provided by the Veterans Affairs Home Loans Index.

VA provides 101 home purchase loans in Rhode Island in Q1

By Ocean State Today | May 15, 2024

There were 101 VA home purchase loans issued in Rhode Island in the first quarter of the fiscal year 2024 totaling $44.8 million, according to figures provided by the Veterans Affairs Home Loans Index.

VA provides 141 home loans in Rhode Island totaling $59.2 million in Q1

By Ocean State Today | May 15, 2024

The U.S. Department of Veterans' Affairs (VA) issued 141 home loans totaling $59.2 million in Rhode Island during the first quarter of the fiscal year 2024, according to the Veterans' Affairs Home Loans Index.

New England coalition voices concern over LEOBOR bills' transparency

By Ocean State Today | May 15, 2024

The New England First Amendment Coalition (NEFAC) and a group of Rhode Island open government advocates have voiced serious concerns over a bill that mandates police departments to withhold certain body-worn camera footage, which would otherwise be accessible under the state's public records law.