10 bargain cities where you can get a mortgage for under $1,000

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From a minimalist one bedroom apartment in San Diego to a five bedroom house in Dayton, $1,000 in rent can get you quite a lot or not much at all in these 10 U.S. cities. Clean and simple, this one bedroom apartment in La Mesa is great for a single, young professional looking for a small home.

** The figures for the median list price are for the full month of April. The figures for the share of homes with a monthly mortgage of $1,000 or less were pulled from realtor.com the last week of April. The post A $1,000 Monthly Mortgage Is Real-in These 10 bargain cities appeared first on Real Estate News & Insights | realtor.com.

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Business. 10 bargain cities where you can get a mortgage for under $1,000. MarketWatch – By Lance Lambert. Get ready for yet another housing milestone: For the first time, median home list prices have topped $300,000 in America.

Americans Kept Borrowing in First Quarter as New Mortgages Eased Bloomberg – "Americans Kept Borrowing in First Quarter as New Mortgages Eased" (5-14-2019) "Americans continued to take on debt in the first quarter, though new mortgage borrowing slowed to the weakest level since late 2014, according to a Federal Reserve Bank of New York report."

First of all you need to find out how much money costs these days. The cost of money (interest rate) will determine the price range you need to focus on to get a place to live for under a $1000 a month. As you can see by the chart below, the price of money has dramatically changed throughout the years. In fact, money is on sale now for a bargain.

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