Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 33.33% | 0.01% |
| 2010: | 11.11% | 0.00% |
| 2009: | 11.11% | 0.00% |
| 2008: | 11.11% | 0.00% |
| 2007: | 11.11% | 0.00% |
| 2005: | 11.11% | 0.00% |
| 2002: | 11.11% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 090: | SAANICHTON, BC | 0.019% |
| 091: | NANOOSE BAY, BC | 0.019% |
| 092: | NORTH SAANICH, BC | 0.019% |
| 093: | SALMO, BC | 0.017% |
| 094: | PEMBERTON, BC | 0.017% |
| 095: | ELKFORD, BC | 0.017% |
| 096: | 100 MILE HOUSE, BC | 0.017% |
| 097: | PENDER ISLAND, BC | 0.017% |
| 098: | WINFIELD, BC | 0.017% |
| 099: | CHETWYND, BC | 0.015% |
| 100: | CLEARWATER, BC | 0.015% |
| 1 | Fairmont Hot Springs, British Columbia |
| 2 | Sparwood, British Columbia |
| 3 | Marysville, British Columbia |
| 4 | Kimberley, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Purchase: | 22.2% | |
| Qualification: | 22.2% | |
| First-time Buyer: | 22.2% | |
| Refinance: | 11.1% | |
| Equity Mortgage: | 11.1% | |
| Transfer: | 11.1% | |
| Total Application Types Found: 6 | ||
Average age: 40
Oldest age: 57
Youngest age: 28
The information below represents the average income of applicants living in Elkford who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Elkford: | $81,287.50 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $21,789.03 |
Since the average income of Elkford is substantially higher than the Canadian 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 Elkford: | $88,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $28,501.53 |
The following depicts the residential status of people living in Elkford who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 44.4% | |
| Own: | 44.4% | |
| No Comment: | 11.1% |
The following pie chart represents the marital status of applicants from Elkford, British Columbia using the mortgage application found on canequity.com. In Elkford, 88% of the mortgage applicants are living together with someone, while only 11% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 88.9% | |
| Single: | 11.1% |
