Key Questions:

1. How at risk is Hamilton, New York to the subprime mortgage crisis?
   1. There were significantly less subprime loans taken out by home owners in Hamilton, New York than the national average in 2006. That is to say, Hamilton, New York will be less affected by the subprime mortgage crisis in years to come as a lesser percentage of all mortgages in Hamilton, New York - 8.7% 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 Hamilton, New York than other areas of the US.
2. How stretched will home owners in Hamilton, New York be in paying off their mortgage?
   1. Homeowners in Hamilton, New York borrowed an average of 1.16 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 Hamilton, New York homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Hamilton, New York?
   1. The leading lenders, by market share, are Citizens Bank, N.A., Countrywide Home Loans and Nbt Bank, Na. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Hamilton, New York to actually live in them?
   1. 75.7% of home owners in Hamilton, New York 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%.