Key Questions:

1. How at risk is Fairbanks North Star, Alaska to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Fairbanks North Star, Alaska were meaningfully less than the national average in 2006. That is to say, Fairbanks North Star, Alaska will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Fairbanks North Star, Alaska - 10.3% versus 12.0% - will reset to higher rates in 2008.
2. How stretched will home owners in Fairbanks North Star, Alaska be in paying off their mortgage?
   1. Homeowners in Fairbanks North Star, Alaska borrowed an average of 1.68 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 Fairbanks North Star, Alaska homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Fairbanks North Star, Alaska?
   1. The leading lenders, by market share, are Wells Fargo Bank, Na, Countrywide Home Loans and Wells Fargo Fin'L Alaska, Inc. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Fairbanks North Star, Alaska to actually live in them?
   1. 92.6% of home owners in Fairbanks North Star, Alaska 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%.