For Bigger Homebuying Value, Look in These Smaller Markets

With fixed mortgage rates rising by more than a full percentage point since May and more likely to go higher than lower, homes are becoming significantly less affordable for those not buying with cash. That means homebuyers still trying to take advantage of still-low mortgage rates might have to set their sights a little lower when shopping for what they can afford.

Here’s a look at seven smaller housing markets that would be quite affordable for those who don’t have to live in a major metro area.

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