Key Questions:

1. How at risk is Jasper, South Carolina to the subprime mortgage crisis?
   1. Subprime loans taken out by home owners in Jasper, South Carolina were meaningful more than the national average in 2006. That is to say, Jasper, South Carolina will likely be more affected by the subprime mortgage crisis in years to come as a greater percentage of all mortgages in Jasper, South Carolina - 14.0% 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 Jasper, South Carolina than other areas of the US.
2. How stretched will home owners in Jasper, South Carolina be in paying off their mortgage?
   1. Homeowners in Jasper, South Carolina borrowed an average of 1.66 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 Jasper, South Carolina homeowners will default on their mortgage payments in the coming years.
3. Who are the leading lenders in Jasper, South Carolina?
   1. The leading lenders, by market share, are South Carolina Bank And Trust, Countrywide Home Loans and Vanderbilt Mortgage. Do you have the best rate possible? Get quotes from mortgage lenders.
4. How likely are the owners of homes in Jasper, South Carolina to actually live in them?
   1. 87.4% of home owners in Jasper, 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%.