Welcome to today's daily mortgage comparison! Giving you mortgage comparisons from two of the biggest cities in the USA!
Now here we have the USA, city of New Orleans!,
New Orleans is a city at the southern end of the San Joaquin Valley in Kern County, California. It is roughly equidistant between Fresno and Los Angeles, 110 mi (180 km) to the north and south respective is a major United States port and the largest city and metropolitan area in the state of Louisiana. The New Orleans metropolitan area, (New Orleans–Metairie–Kenner) has a population of 1,235,650 as of 2009, the 46th largest in the USA. The New Orleans – Metairie – Bogalusa combined statistical area has a population of 1,360,436 as of 2000.
Average House Price: $160,000
Average Mortgage: $170,000
And here we have the USA, the city of Honolulu!
Honolulu is the capital and the most populous city of the U.S. state of Hawaii. Honolulu is the southernmost major U.S. city. Although the name "Honolulu" refers to the urban area on the southeastern shore of the island of Oahu, the city and county government are consolidated as the City and County of Honolulu which covers the entire island. For statistical purposes, the U.S. Census Bureau recognizes the urban part of Honolulu as a census-designated place. Honolulu is a major financial center of the islands of the Pacific Ocean. The population of the Census-designated place was 371,657 at the 2000 census, while the population of the city and county was 909,863. Honolulu is the most populous state capital relative to state population. In the Hawaiian language, Honolulu means "sheltered bay" or "place of shelter". Honolulu has been the capital of the Hawaiian islands since 1845 and gained historical recognition following the Japanese attack on Pearl Harbor near the city on December 7, 1941.
Average House Price: $170,000
Average Mortgage: $180,000
So theres the facts guys, the climate of the two cities couldn't be more different, the price is very close so id imagine that would be the deciding factor, what do you think? ;D