Key Questions:

1. How at risk is Calhoun, Arkansas to the subprime mortgage crisis?
   1. There were significantly more subprime loans taken out by home owners in Calhoun, Arkansas than the national average in 2006. That is to say, Calhoun, Arkansas will be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Calhoun, Arkansas - 23.8% versus 12.0% - will reset to higher rates in 2008. This will mean that there will be more foreclosures caused by the reseting of subprime mortgages in Calhoun, Arkansas than other areas of the US.
2. How stretched will home owners in Calhoun, Arkansas be in paying off their mortgage?
   1. Homeowners in Calhoun, Arkansas borrowed an average of 1.22 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, a significantly lower risk that Calhoun, Arkansas homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Calhoun, Arkansas?
   1. The leading lenders, by market share, are Fordyce Bank & Trust Company, Wells Fargo Bank, Na and The Mortgage Outlet, Inc.. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Calhoun, Arkansas to actually live in them?
   1. 88.8% of home owners in Calhoun, Arkansas 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%.