Key Questions:

1. Who are the leading lenders in Albany, New York?
   1. The leading lenders, by market share, are Countrywide Bank, Fsb, Homestead Funding Corp. and Wells Fargo Funding, Inc. Do you have the best rate possible? Find out your credit score or browse
2. How stretched will home owners in Albany, New York be in paying off their mortgage?
   1. Homeowners in Albany, New York borrowed an average of 1.73 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 Albany, New York homeowners will default on their mortgage payments in the coming years.
3. How likely are the owners of homes in Albany, New York to actually live in them?
   1. 92.2% of home owners in Albany, New York 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 Albany, New York to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Albany, New York were meaningfully less than the national average in 2008. That is to say, Albany, New York will likely be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Albany, New York - 4.1% versus 4.8% - will reset to higher rates in 2009.