The Top Rankings of Cities For The Best Home Loans

Forbes has ranked rank U.S. cities on the basis of how good they are for home loan borrowers.

While deciding how to develop the survey Forbes considered the following criteria:

  • The lowest effective interest rates.
  • The year-over-year change in the percentage of homes on which loans were more than 90 days delinquent.
  • The year-over-year change in the percentage of homes in foreclosure, and the direction of home prices, higher being good and lower being bad.

Here are the 10 cities that Forbes ranks as the best for borrowers:

1. Kansas City, Mo.

2. Houston

3. Dallas

4. Virginia Beach, Va.

5. San Antonio, Texas

6. Boston

7. Pittsburgh

8. Denver

9. Seattle

10. Portland, Ore.

 

Source: Forbes

 

To find out what is going on in Hoboken real estate market, please go to Hoboken Homes.

If you have been patiently waiting to buy a Hoboken home, now is the time to do it while the home buyer’s tax credit is still in effect. All of the key factors are in place to ensure that your home purchase will be a major, positive life changing event.  With low mortgage rates available, along with the recent passing of the new tax credits, this is the opportunity you have been waiting for. Please click on tax credit information for more details.  Make 2010 the year you purchase your dream home. For more information contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, Jersey City, Weehawken and Union City.  Eddie can be reached at mailto:eddie@InvestHoboken.comor 201-344-2886

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