Key Questions:

1. How at risk is Clarendon, South Carolina to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Clarendon, South Carolina were meaningful more than the national average in 2006. That is to say, Clarendon, South Carolina will likely be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Clarendon, South Carolina - 14.4% versus 12.0% - will reset to higher rates in 2008. This will likely trigger a higher amount of foreclosures caused by the reseting of subprime mortgages in Clarendon, South Carolina than other areas of the US.
2. How stretched will home owners in Clarendon, South Carolina be in paying off their mortgage?
   1. Homeowners in Clarendon, South Carolina borrowed an average of 1.21 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 Clarendon, South Carolina homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Clarendon, South Carolina?
   1. The leading lenders, by market share, are The Citizens Bank, Beneficial Company Llc and 1St Choice Mortgage Equity Cor. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Clarendon, South Carolina to actually live in them?
   1. 81.7% of home owners in Clarendon, South Carolina 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%.