Key Questions:

1. How at risk is Dakota, Minnesota to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Dakota, Minnesota were meaningfully less than the national average in 2006. That is to say, Dakota, Minnesota will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Dakota, Minnesota - 10.3% versus 12.0% - will reset to higher rates in 2008.
2. How stretched will home owners in Dakota, Minnesota be in paying off their mortgage?
   1. Homeowners in Dakota, Minnesota borrowed an average of 1.83 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 Dakota, Minnesota homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Dakota, Minnesota?
   1. The leading lenders, by market share, are Wells Fargo Bank, Na, Countrywide Home Loans and Citimortgage, Inc. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Dakota, Minnesota to actually live in them?
   1. 94.6% of home owners in Dakota, Minnesota 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%.