Best places to live methodology
What’s the best place to live? That depends on you, of course. Bankrate crunched the numbers in multiple categories, including affordability, job markets and well-being, to determine the best places [...]
Michele Petry is a senior editor for Bankrate, leading the site’s real estate content since January 2022. Before joining Bankrate she was a writer and editor for StreetEasy, Zillow’s New York City real estate site. Before that, she amassed 20 years of experience on staff at national magazines, honing her skills editing home-based content at House Beautiful, Elle Decor and Veranda (among other titles). Michele earned her journalism degree from Syracuse University’s Newhouse School of Public Communications and is a member of the Society for Advancing Business Editing and Writing (SABEW) and the National Association of Real Estate Editors (NAREE). She lives in Manhattan.
Buying your first home is scary, stressful and thrilling all at once. I couldn’t believe a bank was willing to lend a young, clueless me what seemed at the time like SO. MUCH. MONEY. The fact that it was a New York City co-op apartment, with all the esoteric rules and nerve-racking interviews that includes, made it even more surreal. I know firsthand how important it is to have a knowledgeable real estate agent to guide you through the journey — mine specialized in my neighborhood, knew the building I was buying in specifically, and saved me from making a million naive missteps. I’m happy to use my experience and skills to help others achieve their real estate dreams.
Hire a real estate attorney for any home sale or purchase, even if your state doesn’t require you to. The contracts are complex, and the stakes are high — it’s worth the extra cost to make sure everything is legally buttoned-down.
— Michele Petry
Considering a 7/1 adjustable-rate mortgage? Find and compare 7/1 ARM rates here!
Getting the right mortgage starts with choosing the right lender.
Find and compare 30-year mortgage rates and choose your preferred lender. Check rates today to learn more about the latest 30-year mortgage rates.
You don’t have to put down 20% — some mortgages don’t require any down payment at all.
Compare jumbo loan rates and choose your preferred lender. Check rates today to learn more about the latest jumbo loan rates.
Interested in getting a cash-out refinance? Find and compare cash-out refinance rates from Bankrate's wide selection of lenders.
Compare 20-year mortgage rates from lenders in your area. Get the latest information on current 20-year fixed mortgage rates.
Bankrate makes it easy to find and compare the best 5/1 ARM rates, explore 5/1 adjustable-rate mortgage here!
We appreciate your feedback
Thank you for taking the time to share your experience.