Key Questions:

1. How at risk is Lawrence, Alabama to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Lawrence, Alabama were meaningful more than the national average in 2006. That is to say, Lawrence, Alabama will likely be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Lawrence, Alabama - 14.5% versus 12.0% - will reset to higher rates in 2008. This will likely trigger a higher amount of foreclosures caused by the reseting of subprime mortgages in Lawrence, Alabama than other areas of the US.
2. How stretched will home owners in Lawrence, Alabama be in paying off their mortgage?
   1. Homeowners in Lawrence, Alabama borrowed an average of 1.37 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, there will be a normal risk that Lawrence, Alabama homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Lawrence, Alabama?
   1. The leading lenders, by market share, are Hfc Company Llc, The Citizens Bank and Countrywide Home Loans. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Lawrence, Alabama to actually live in them?
   1. 92.6% of home owners in Lawrence, Alabama that applied for a mortgage in 2006 live in their homes versus owning them as an investment property. This compares to the national average of 89.0%.