Some cities are better than others for borrowers.
The best cities have the lowest percentage of foreclosures and delinquencies, including a low percentage of bank-owned homes. In most of the cities on this best list, home prices are actually rising. Boston ranks 6th in the list of the top ten.
This kind of solid housing market motivates banks to offer lower rates and better terms.
Here are the 10 cities that Forbes ranks as the best for borrowers:
1. Kansas City, Mo.
4. Virginia Beach, Va.
5. San Antonio, Texas
10. Portland, Ore.