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PNC BANK N.A. 249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, 15222

2008 Mortgage Research Centre Pennsylvania US
Total Applications 121 13,387 28,676
Average Loan $234.5k $74.2k $210.7k
Loan to Income Ratio 0.91 0.84 0.88
Subprime Loans 2.48% 6.21% 5.20%
Refinancing Loans 54.55% 43.36% 42.01%
Principal Dwellings 94.21% 93.88% 92.80%
Rejected Applications 40.50% 43.86% 43.22%
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