Last report update for Golden: Saturday, June 27, 2009
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Radium Hot Springs
Revelstoke


Golden Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Golden

Year Year to Year
Comparison
** National
Contribution
2009: * 25.00% * 0.01%
2008: 18.75% 0.01%
2007: 25.00% 0.01%
2006: 12.50% 0.01%
2004: 6.25% 0.00%
2003: 6.25% 0.00%
2002: 6.25% 0.00%

Note: * These values are the percentages up to Saturday, June 27, 2009. Estimated volume targets for the entire 2009 year are 43.75% and 0.02% respectively. ** Total national contribution of Golden 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: 21.30%
British Columbia 10.97%
Manitoba: 2.11%
New Brunswick: 2.03%
Newfoundland and Labrador: 1.12%
Nova Scotia: 2.78%
Northwest Territories: 0.32%
Nunavut: 0.09%
Ontario: 49.00%
Prince Edward Island: 0.40%
Quebec: 3.87%
Saskatchewan: 5.19%
Yukon Territories: 0.22%
Golden Mortgages

Current City Standing within British Columbia


Location Contribution
045:  CASTLEGAR, BC 0.045%
046:  FORT NELSON, BC 0.045%
047:  ALDERGROVE, BC 0.043%
048:  POWELL RIVER, BC 0.043%
049:  AGASSIZ, BC 0.043%
050:  GOLDEN, BC 0.043%
051:  CRESTON, BC 0.040%
052:  MERRITT, BC 0.040%
053:  KIMBERLEY, BC 0.040%
054:  GIBSONS, BC 0.040%
055:  SUMMERLAND, BC 0.040%

Nearest Settlements


1Revelstoke, British Columbia
2Radium Hot Springs, British Columbia
3Nakusp, British Columbia


Product Popularity for Golden


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 31.3%
Refinance: 25.0%
Qualification: 12.5%
First-time Buyer: 12.5%
Renewal: 6.3%
Purchase: 6.3%
Commercial: 6.3%
 
Total Application Types Found: 7
 Golden Mortgage Product Popularity Pie Chart

Age Demographics for Golden Mortgages

Average age: 35
Oldest age: 52
Youngest age: 22


Incomes for Golden Mortgages

The information below represents the average income of people living in Golden who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Golden: $50,174.33
applicants within all of Canada: $57,859.84
Difference: ($7,685.50)
  
mortgage co-applicants in Golden: $30,571.43
co-applicants within all of Canada: $40,716.04
Difference: ($10,144.61)

Note: Commercial loan amounts were not included for this survey, only residential loans were used.

Residential Status for Golden Originated Mortgages

The table and pie chart below represents the residential status of people living in Golden who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 43.8%
Own: 43.8%
No Comment: 6.3%
Live with parents: 6.3%
Golden Residential Status Pie Chart

Marital Status for Golden Originated Mortgages

The following pie chart represents the marital status of applicants from Golden, British Columbia using the mortgage application found on the CanEquity Mortgage web site. Over 68% of the mortgage applicants are living with someone, while only 31% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 43.8%
Single: 31.3%
Common-law: 25.0%
Golden Marital Status Pie Chart