Key Questions:

1. How at risk is Orleans, Louisiana to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Orleans, Louisiana were meaningfully less than the national average in 2006. That is to say, Orleans, Louisiana will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Orleans, Louisiana - 10.2% versus 12.0% - will reset to higher rates in 2008.
2. How stretched will home owners in Orleans, Louisiana be in paying off their mortgage?
   1. Homeowners in Orleans, Louisiana borrowed an average of 1.44 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 Orleans, Louisiana homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Orleans, Louisiana?
   1. The leading lenders, by market share, are Capital One N.A., Jpmorgan Chase Bank and Omni Bank. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Orleans, Louisiana to actually live in them?
   1. 74.8% of home owners in Orleans, Louisiana 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%.