This small city located about midway between Pittsburgh and Cleveland was once one of the leading industrial cities, and factory-worker earnings were second to none. The demise of most of the steel mills in town ended the area's prosperity.
During the boom times, neighborhoods of well-kept homes spread. But the housing market has been contracting in many communities and the population has shrunk. Now large mansions can be purchased for less than $200,000.
Median income, at about $53,000, is not low, relative to home prices, so nearly every worker with a job can afford to buy some kind of home.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.29%||4.30%|
|15 yr fixed||3.23%||3.29%|
|30 yr refi||4.26%||4.27%|
|15 yr refi||3.20%||3.26%|
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