Last report update for Creston: Wednesday, March 17, 2010
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Creston Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Creston

Year Year to Year
Comparison
** National
Contribution
2010: * 5.56% * 0.00%
2009: 16.67% 0.01%
2008: 16.67% 0.01%
2007: 22.22% 0.01%
2006: 11.11% 0.01%
2005: 5.56% 0.00%
2004: 5.56% 0.00%
2003: 16.67% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 22.22% and 0.01% respectively. ** Total national contribution of Creston mortgages in the past is currently 0.04% with a projected target of 0.05%.

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.10%
British Columbia 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Creston Mortgages

Current City Standing within British Columbia


Location Contribution
044:  CASTLEGAR, BC 0.049%
045:  POWELL RIVER, BC 0.047%
046:  WHITE ROCK, BC 0.045%
047:  FORT NELSON, BC 0.042%
048:  AGASSIZ, BC 0.042%
049:  CRESTON, BC 0.042%
050:  MERRITT, BC 0.042%
051:  SIDNEY, BC 0.042%
052:  COMOX, BC 0.040%
053:  PRINCE RUPERT, BC 0.040%
054:  SPARWOOD, BC 0.040%

Nearest Settlements


1Salmo, British Columbia
2Cranbrook, British Columbia
3Marysville, British Columbia
4Jaffray, British Columbia
5Fruitvale, British Columbia
6Kimberley, British Columbia


Product Popularity for Creston


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 27.8%
First-time Buyer: 22.2%
Purchase: 16.7%
Fixed Rate: 11.1%
No Money Down: 11.1%
Qualification: 5.6%
Second Mortgage: 5.6%
 
Total Application Types Found: 7
 Creston Mortgage Product Popularity Pie Chart

Age Demographics for Creston Mortgage Applicants

Average age: 39
Oldest age: 55
Youngest age: 29


Incomes for Creston Mortgage Applicants

The following figures show the average income of Canadians living in Creston who have applied for a loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Creston: $39,029.24
applicants within all of Canada: $58,582.39
Difference: ($19,553.15)
  
mortgage co-applicants in Creston: $36,900.50
co-applicants within all of Canada: $41,225.82
Difference: ($4,325.32)

Note: Commercial Mortgages were not included for this report, only residential loans amounts from Creston, British Columbia were used.

Residential Status for Creston Applicants

The chart and pie-graph below depicts the residential status of people living in Creston who have applied for a loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 27.8%
Own: 55.6%
Other: 5.6%
No Comment: 11.1%
Creston Residential Status Pie Chart

Marital Stats for Creston Applicants

The following table and pie chart represents the marital status of applicants from Creston, British Columbia using the online mortgage application located at canequity.com. Approximately 66% of the mortgage applicants are living with someone, while only 33% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 61.1%
Separated: 16.7%
Single: 11.1%
Divorced: 5.6%
Common-law: 5.6%
Creston Marital Status Pie Chart