Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Fernie: Wednesday, February 8, 2012   
CanEquity Mortgage and Insurance Canada
Canadian Mortgage Rates,
Calculators, News & Insurance
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Blairmore
Cranbrook
Jaffray
Kimberley
Marysville
Sparwood

Fernie Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

Map of Fernie requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Originating from Fernie

Year Year to Year
Comparison
** National
Contribution
2011: 23.53% 0.01%
2008: 11.77% 0.00%
2007: 11.77% 0.00%
2005: 11.77% 0.00%
2004: 35.29% 0.01%
2002: 5.88% 0.00%

Note: ** Total national contribution of Fernie mortgages in the past is currently 0.03% with a projected target of 0.03%.

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario: 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Fernie Mortgages

Current City Standing within British Columbia


Location Contribution
062:  WEST VANCOUVER, BC 0.038%
063:  AGASSIZ, BC 0.036%
064:  GIBSONS, BC 0.036%
065:  SUMMERLAND, BC 0.034%
066:  SALT SPRING ISLAND, BC 0.032%
067:  FERNIE, BC 0.032%
068:  HOPE, BC 0.032%
069:  QUALICUM BEACH, BC 0.030%
070:  ARMSTRONG, BC 0.030%
071:  OSOYOOS, BC 0.026%
072:  SHAWNIGAN LAKE, BC 0.026%

Nearest Settlements


1Sparwood, British Columbia
2Jaffray, British Columbia
3Cranbrook, British Columbia
4Marysville, British Columbia
5Kimberley, British Columbia
6Blairmore, Alberta


Product Popularity for Fernie


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 17.6%
First-time Buyer: 17.6%
Purchase: 17.6%
Commercial: 11.8%
Renewal: 11.8%
Refinance: 11.8%
Qualification: 5.9%
Equity Mortgage: 5.9%
 
Total Application Types Found: 8
 Fernie Mortgage Product Popularity Pie Chart

Age Demographics for Fernie Mortgage Applicants

Average age: 37
Oldest age: 60
Youngest age: 24


Incomes for Fernie Mortgage Applicants

The figures below represent the average income of Canadians living in Fernie who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Fernie: $74,479.75
applicants within all of Canada: $59,498.47
Difference: $14,981.28
  
mortgage co-applicants in Fernie: $41,273.60
co-applicants within all of Canada: $42,403.13
Difference: ($1,129.53)

Note: Commercial Mortgages were not included for this survey, only residential mortgage loan amounts from Fernie, British Columbia were used.

Residential Status for Fernie Mortgages

The information below represents the residential status of people living in Fernie who have applied for a loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 47.1%
Own: 52.9%
Fernie Residential Status Pie Chart

Marital Status for Fernie Mortgages

The following table and pie chart represents the marital status of applicants from Fernie, British Columbia using the online mortgage application found on the CanEquity Mortgage web site. In Fernie, over 76% of the mortgage applicants are either married or living common-law, while only 23% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 58.8%
Single: 23.5%
Common-law: 17.6%
Fernie Marital Status Pie Chart