Key Questions:

1. How at risk is Lander, Nevada to the subprime mortgage crisis?
   1. There were significantly less subprime loans taken out by home owners in Lander, Nevada than the national average in 2006. That is to say, Lander, Nevada will be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Lander, Nevada - 8.0% versus 12.0% - will reset to higher rates in 2008. This will mean that there will be less foreclosures caused by the reseting of subprime mortgages in Lander, Nevada than other areas of the US.
2. How stretched will home owners in Lander, Nevada be in paying off their mortgage?
   1. Homeowners in Lander, Nevada borrowed an average of 1.27 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 Lander, Nevada homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Lander, Nevada?
   1. The leading lenders, by market share, are Wells Fargo Bank, Na, Countrywide Home Loans and Wells Fargo Fin'L Nevada 2,Inc. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Lander, Nevada to actually live in them?
   1. 93.0% of home owners in Lander, Nevada 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%.