Fernie Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 8.33% | * 0.00% |
| 2007: | 16.67% | 0.01% |
| 2005: | 16.67% | 0.01% |
| 2004: | 50.00% | 0.02% |
| 2002: | 8.33% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 054: | AGASSIZ, BC | 0.043% |
| 055: | PRINCE RUPERT, BC | 0.043% |
| 056: | GRAND FORKS, BC | 0.040% |
| 057: | COMOX, BC | 0.040% |
| 058: | GIBSONS, BC | 0.040% |
| 059: | FERNIE, BC | 0.040% |
| 060: | SUMMERLAND, BC | 0.040% |
| 061: | OSOYOOS, BC | 0.036% |
| 062: | QUALICUM BEACH, BC | 0.036% |
| 063: | WHISTLER, BC | 0.036% |
| 064: | TRAIL, BC | 0.033% |
| 1 | Sparwood, British Columbia |
| 2 | Jaffray, British Columbia |
| 3 | Cranbrook, British Columbia |
| 4 | Marysville, British Columbia |
| 5 | Kimberley, British Columbia |
| 6 | Blairmore, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 25.0% | |
| Renewal: | 16.7% | |
| Refinance: | 16.7% | |
| No Money Down: | 16.7% | |
| Purchase: | 8.3% | |
| Qualification: | 8.3% | |
| Commercial: | 8.3% | |
| Total Application Types Found: 7 | ||
Average age: 34
Oldest age: 60
Youngest age: 24
The information below represents the average income of Canadians living in Fernie who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Fernie: | $76,475.27 |
| applicants within all of Canada: | $56,395.43 |
| Difference: | $20,079.84 |
| mortgage co-applicants in Fernie: | $26,592.00 |
| co-applicants within all of Canada: | $39,386.13 |
| Difference: | ($12,794.13) |
Since the average income of Fernie 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 Fernie: | $45,800.00 |
| applicants within all of Canada: | $56,395.43 |
| Difference: | ($10,595.43) |
The information shown below represents the residential status of people living in Fernie who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.0% | |
| Own: | 50.0% |
The following table and pie chart represents the marital status of applicants from Fernie, British Columbia using the mortgage preapproval application found on canequity.com. Approximately 75% of the mortgage applicants are living common-law or married, while only 25% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.3% | |
| Single: | 25.0% | |
| Common-law: | 16.7% |
