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A study of home mortgages in 130 American cities," the top 10 areas most at risk for "rate adjustment shock" include Detroit and Flint, Mich.; Memphis, Tenn.; Jackson, Miss.; McAllen, El Paso, Laredo.
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Home price appreciation, number of new businesses and unemployment rate were some of the 18 metrics used to determine that Laredo, Texas is the overall No. 1 most recession-recovered city within the.