Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 33.33% | 0.00% |
| 2009: | 33.33% | 0.00% |
| 2003: | 33.33% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 114: | TOFINO, BC | 0.013% |
| 115: | GARIBALDI HIGHLANDS, BC | 0.011% |
| 116: | FALKLAND, BC | 0.011% |
| 117: | CLINTON, BC | 0.011% |
| 118: | FAIRMONT HOT SPRINGS, BC | 0.011% |
| 119: | COBBLE HILL, BC | 0.011% |
| 120: | NARAMATA, BC | 0.011% |
| 121: | 108 MILE RANCH, BC | 0.011% |
| 122: | ROBSON, BC | 0.011% |
| 123: | MASSET, BC | 0.011% |
| 124: | BOWEN ISLAND, BC | 0.011% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 50.0% | |
| Renewal: | 16.7% | |
| Qualification: | 16.7% | |
| First-time Buyer: | 16.7% | |
| Total Application Types Found: 4 | ||
Average age: 46
Oldest age: 59
Youngest age: 32
The following depicts the average income of Canadians living in Cobble Hill who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Cobble Hill: | $79,800.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $20,301.53 |
Since the average income of Cobble Hill is much higher than the national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Cobble Hill: | $72,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $12,501.53 |
The pie chart below shows the residential status of people living in Cobble Hill who have applied for a mortgage loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 16.7% | |
| Own: | 83.3% |
The pie chart below represents the marital status of applicants from Cobble Hill, British Columbia using the mortgage preapproval application found on canequity.com. In Cobble Hill, over 100% of the mortgage applicants are either married or living common-law, while only 0% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 83.3% | |
| Common-law: | 16.7% |
