Key Questions:

1. How at risk is San Joaquin, California to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in San Joaquin, California were meaningful more than the national average in 2006. That is to say, San Joaquin, California will likely be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in San Joaquin, California - 13.4% 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 San Joaquin, California than other areas of the US.
2. How stretched will home owners in San Joaquin, California be in paying off their mortgage?
   1. Homeowners in San Joaquin, California borrowed an average of 2.35 times their annual income for their mortgage. This compares to 1.83 for all of the US. Based on the national average, a signficantly higher risk that San Joaquin, California homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in San Joaquin, California?
   1. The leading lenders, by market share, are Countrywide Home Loans, World Savings Bank, Fsb and Washington Mutual Bank. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in San Joaquin, California to actually live in them?
   1. 91.6% of home owners in San Joaquin, California 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%.