The top three cities in the ranking have an average payback period of just over 21 months on a 20% down payment. The average home value in these cities is $133,148.57.
Scroll through to see which cities are in the top 10 and how they fared.
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The way mortgage firms address distressed military borrowers will become less regimented as the Veterans Affairs Servicing Purchase program gets phased out.
The trend is not the norm but there are growing opportunities to buy for less in some areas many people gravitate to, real-estate brokerage Redfin found.
While the 30-year rate landed near its level of a week ago, it ended up there only after political developments led to up-and-down swings in Treasurys.
It is quite likely March's drop in the Purchase Application Payment Index will be transitory as mortgage rates have increased since the start of April.
Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.
Whether current conditions favor buyers or sellers is up for debate, as economic uncertainty begins to influence consumer behavior, The Real Brokerage said.
