• Updated

MEREDITH — Meredith Village Savings Bank has been named the No. 1 bank for number of single-family home purchases, among other top rankings, i…

  • Updated

With rates still hovering near 7%, the city you buy in could make or break your mortgage affordability. In some markets, the majority of buyers are locking in sub-7% loans. In others, scoring a deal like that is the exception—not the rule. A new analysis from Construction Coverage highlights the U.S. cities and states where homebuyers are still securing the most favorable mortgage rates. Researchers ranked locations by the share of approved fixed-rate loans under 7% in 2024, using the latest data from the Home Mortgage Disclosure Act.