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Friday, February 21, 2025

News from October 2024

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Average VA IRRRL loan amount in Rhode Island declines from Q2 to Q3

By Ocean State Today | Oct 31, 2024

The average VA Interest Rate Reduction Refinance Loan (IRRRL) amount in Rhode Island during the third quarter of fiscal year 2024 was $402,354, according to figures provided by the Veterans Affairs Home Loans Index.

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Common Cause RI reviews ILO Group report; considers ethics complaint

By Ocean State Today | Oct 31, 2024

Today, Governor McKee addressed the public in a news conference regarding reports on the ILO Group investigation.

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Rhode Island AG releases report on Governor McKee's involvement in ILO Group contract

By Ocean State Today | Oct 29, 2024

Today, Attorney General Peter Neronha and the Rhode Island State Police issued a report on their investigation into the state's awarding of a contract to the ILO Group.

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VA provides 103 home purchase loans in Rhode Island in Q3

By Ocean State Today | Oct 28, 2024

There were 103 VA home purchase loans issued in Rhode Island in the third quarter of the fiscal year 2024 totaling $48.5 million, according to figures provided by the Veterans Affairs Home Loans Index.

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Common Cause Rhode Island seeks volunteers for election protection program

By Ocean State Today | Oct 28, 2024

Common Cause Rhode Island has initiated its 2024 Election Protection Program, seeking volunteers to serve as poll monitors.

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Rhode Island ranks 49th in total VA home loans during Q3

By Ocean State Today | Oct 25, 2024

Rhode Island ranked 49th in the nation in VA home loans in the third quarter of 2024, with 164 loans issued, according to the Veterans' Affairs Home Loans Index.

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Rhode Island ranked 12th in average VA home loan amount in Q3

By Ocean State Today | Oct 22, 2024

With $436,552 in home loans issued, Rhode Island ranked 12th in average loan amount for VA home loans in the third quarter of fiscal year 2024, according to the Veterans' Affairs Home Loans Index.

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VA provides 164 home loans in Rhode Island totaling $71.6 million in Q3

By Ocean State Today | Oct 19, 2024

The U.S. Department of Veterans' Affairs (VA) issued 164 home loans totaling $71.6 million in Rhode Island during the third quarter of the fiscal year 2024, according to the Veterans' Affairs Home Loans Index.

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Inflation in Rhode Island lower than national average as of September 2024

By Ocean State Today | Oct 16, 2024

As of September 2024, Rhode Island experienced a 17.6% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 20.5% increase.

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Rhode Island receives $6.8 million in VA Interest Rate Reduction Refinance Loans during Q3

By Ocean State Today | Oct 16, 2024

The VA issued 17 Interest Rate Reduction Refinance Loans in Rhode Island during the third quarter of fiscal year 2024, according to the Veterans Affairs Home Loans Index.

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Average cost of college went up for students in Rhode Island in 2022-23 school year

By Ocean State Today | Oct 15, 2024

College tuition fees rose 3.6% in Rhode Island in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

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Rhode Island collected $3 million in property tax revenue in Q2

By Ocean State Today | Oct 14, 2024

The second quarter brought in $3 million in property tax revenue for Rhode Island, after no property tax was collected in the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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VA Purchase Loans in Rhode Island average $470,769 for Q3

By Ocean State Today | Oct 13, 2024

The average VA Purchase Loan amount for Rhode Island in the third quarter of fiscal year 2024 was $470,769, according to the Veterans Affairs Home Loans Index.

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FDA Inspection: What type of Rhode Island companies were under most scrutiny during Q3?

By Ocean State Today | Oct 11, 2024

The U.S. Food and Drug Administration (FDA) conducted an inspection at one Veterinary company from Rhode Island in the third quarter of 2024.

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VA home loan amount averages $436,552 in Rhode Island for Q3

By Ocean State Today | Oct 11, 2024

The average VA home loan amount in Rhode Island during the third quarter of the fiscal year 2024 was $436,552, according to the Veterans Affairs Home Loans Index.

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VA’s Interest Rate Reduction Refinance Loans in Rhode Island average $402,354 for Q3

By Ocean State Today | Oct 7, 2024

The VA’s Interest Rate Reduction Refinance Loans in Rhode Island for the third quarter of the fiscal year 2024 averaged $402,354, according to the Veterans Affairs Home Loans Index.

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Common Cause RI hosts democracy celebration honoring civic leaders

By Ocean State Today | Oct 7, 2024

Common Cause Rhode Island is set to host its annual Champions of Democracy Celebration on Thursday, October 10, at The Guild in Pawtucket. Virginia Kase Solomón, the President and CEO of Common Cause, will open the event with remarks on the state of American democracy.

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Analysis: Rhode Island one of 25 states allowing boys to play girls’ high school sports

By Ocean State Today | Oct 6, 2024

As President Biden revealed new rules regarding Title IX protections in April of 2024, which redefined “sex” to include “gender-identity,” an analysis by Ocean State Today shows that Rhode Island is one of 25 states that allow boys to play in girls’ high school sports.

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VA Purchase Loans in Rhode Island average $460,222 for Q2

By Ocean State Today | Oct 4, 2024

The average VA Purchase Loan amount for Rhode Island in the second quarter of fiscal year 2024 was $460,222, according to the Veterans Affairs Home Loans Index.

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Rhode Island ranks 12th in average VA home loan amount in 2023

By Ocean State Today | Oct 3, 2024

With $410,982 in issued loans, Rhode Island ranked 12th for the average amount of a VA home loan in 2023, according to figures provided by the Veteran Affairs Home Loans Index.