New York City has added more residents than any city in the United States since 2000. So many that the ‘new’ New Yorkers could fill a city the size of Boise, Idaho, bringing its population totals to an all time high.

New York City is the only major old industrial town that has not experienced a shrinking in the number of its residents. The top 10 cities of a hundred years ago would have included places like Baltimore, now at 631,366, the 19th largest, Boston - 590,763, 22nd, Cleveland - 444,313, 40th and St Louis - 347,181, 52nd.

Each of the 10 largest cities once lay within 500 miles of Canada. Currently, seven of the top 10 are sun belt cities and they are closer to Mexico than Canada.

Some of the nation’s biggest cities today were mere blips on the radar at the turn of 20th-century America. Los Angeles, the nation’s second largest city with 3,849,378 people, had a population of just over 100,000 in 1900.

Dallas, Houston, San Antonio, San Diego and San Jose, California all had fewer than 100,000.

Phoenix, which 100 years ago was not even among the 100 most populous cities, grew by more than 40,000 residents in just 12 months ending July 1, 2006. Phoenix passed Philadelphia, which has lost about 70,000 residents during the 2000s, to become the fifth biggest American city.

The biggest population losses of the 2000s, outside of New Orleans, where hurricane-related losses drove more than half the city’s residents away, was seen in the Motor City of Detroit.

June 29, 2007, Today’s Mortgage Interest Rates for June 29, 2007. 30 Year Fixed Average decreased every so slightly this week. See more mortgage rates…

FOMC keeps interest rates steady at 5.25% as expected. The Federal Reserve isn’t convinced that core inflation has dropped back into its target range for good, the central bank said as it kept short-term interest rates steady after Thursday’s meeting. The committee said the “predominant policy concern remains the risk that inflation will fail to moderate as expected.” The Fed has held rates steady for the past year after completing an unprecedented series of seventeen straight 0.25 percentage point rate hikes. The market has slipped on the news so be careful in this volatile market. If you have any more questions, stay tuned.

Talk to you soon!

Hope for friendly words on inflation today! The Fed should hold rates as is with hopes of future announcements of rate cuts. We have held at 5.25% since June 2006. We are looking for words of control, with inflation. If The Fed says inflation is not under control look out interest rates!

We will let you know what happens.

June 28, 2007, Today’s Mortgage Interest Rates for June 28, 2007. 30 Year Fixed Average, Unchanged. See more mortgage rates…

June 27, 2007, Today’s Mortgage Interest Rates for June 27, 2007. 30 Year Fixed Average, Unchanged. See more mortgage rates…