Key Questions:

1. Who are the leading lenders in Worcester, Massachusetts?
   1. The leading lenders, by market share, are Countrywide Bank, Fsb, Jpmorgan Chase Bank, Na and Gmac Mortgage Llc. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Worcester, Massachusetts be in paying off their mortgage?
   1. Homeowners in Worcester, Massachusetts borrowed an average of 2.17 times their annual income for their mortgage. This compares to 1.97 for all of the US. Based on the national average, there will be a normal risk that Worcester, Massachusetts homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Worcester, Massachusetts to actually live in them?
   1. 93.4% of home owners in Worcester, Massachusetts that applied for a mortgage in 2008 live in their homes versus owning them as an investment property. This compares to the national average of 90.0%.
4. How at risk is Worcester, Massachusetts to the subprime mortgage crisis?
   1. There were significantly less subprime loans taken out by home owners in Worcester, Massachusetts than the national average in 2008. That is to say, Worcester, Massachusetts will be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Worcester, Massachusetts - 2.8% versus 4.8% - will reset to higher rates in 2009. This will mean that there will be less foreclosures caused by the reseting of subprime mortgages in Worcester, Massachusetts than other areas of the US.