People have been abandoning this one-time Rust-Belt industrial powerhouse ever since most of its steel mills closed in the 1970s. Before that, Youngstown had some of the highest-paid factory workers in the nation, according to data from the Federal Reserve Bank of St. Louis. Incomes today are less stellar; they lag the national median by 14%.
Meanwhile, as the population shrank, demand for housing collapsed, pulling down real-estate prices. Immaculate four-bedroom Youngstown colonials can be purchased for a little over $100,000. Fine old homes, badly in need of repair, can sell for $12,000.
New residents are flocking to these 10 cities, which added the largest number of residents last year, according to Census Bureau.
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 4.01% | 4.04% | |
| 15 yr fixed | 3.11% | 3.18% | |
| 5/1 ARM | 2.82% | 2.88% | |
| 30 yr refi | 4.00% | 4.03% | |
| 15 yr refi | 3.11% | 3.16% |
Today's featured rates:
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