Key Questions:

1. How at risk is Black Hawk, Iowa to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Black Hawk, Iowa were meaningfully less than the national average in 2006. That is to say, Black Hawk, Iowa will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Black Hawk, Iowa - 10.4% versus 12.0% - will reset to higher rates in 2008.
2. How stretched will home owners in Black Hawk, Iowa be in paying off their mortgage?
   1. Homeowners in Black Hawk, Iowa borrowed an average of 1.35 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 Black Hawk, Iowa homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Black Hawk, Iowa?
   1. The leading lenders, by market share, are Wells Fargo Bank, Na, Countrywide Home Loans and Veridian Credit Union. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Black Hawk, Iowa to actually live in them?
   1. 90.0% of home owners in Black Hawk, Iowa 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%.