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

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Golden

Year Year to Year
Comparison
** National
Contribution
2009: 29.41% 0.01%
2008: 17.65% 0.01%
2007: 23.53% 0.01%
2006: 11.77% 0.01%
2004: 5.88% 0.00%
2003: 5.88% 0.00%
2002: 5.88% 0.00%

Note: ** Total national contribution of Golden mortgages in the past is currently 0.04% with a projected target of 0.04%.

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%
Golden Mortgages

Current City Standing within British Columbia


Location Contribution
051:  SIDNEY, BC 0.042%
052:  COMOX, BC 0.040%
053:  PRINCE RUPERT, BC 0.040%
054:  SPARWOOD, BC 0.040%
055:  TRAIL, BC 0.040%
056:  GOLDEN, BC 0.040%
057:  WEST VANCOUVER, BC 0.040%
058:  ALDERGROVE, BC 0.038%
059:  QUESNEL, BC 0.038%
060:  GRAND FORKS, BC 0.038%
061:  SUMMERLAND, BC 0.038%

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: 29.4%
Refinance: 23.5%
Qualification: 17.6%
First-time Buyer: 11.8%
Renewal: 5.9%
Purchase: 5.9%
Commercial: 5.9%
 
Total Application Types Found: 7
 Golden Mortgage Product Popularity Pie Chart

Age Demographics for Golden Based Mortgages

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


Incomes for Golden Based Mortgages

The following depicts the average income of applicants living in Golden who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Golden: $49,538.44
applicants within all of Canada: $58,582.39
Difference: ($9,043.95)
  
mortgage co-applicants in Golden: $31,750.00
co-applicants within all of Canada: $41,225.82
Difference: ($9,475.82)

Note: Commercial loans were not included for this section, only residential loans were used.

Residential Status for Golden Originated Mortgages

The information shown below represents the residential status of people living in Golden who have submitted an inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 47.1%
Own: 41.2%
No Comment: 5.9%
Live with parents: 5.9%
Golden Residential Status Pie Chart

Marital Status for Golden Originated Mortgages

The following information represents the marital status of applicants from Golden, British Columbia using the preapproval application located at canequity.com. In Golden, approximately 70% of the mortgage applicants are living with someone, while only 29% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 41.2%
Common-law: 29.4%
Single: 29.4%
Golden Marital Status Pie Chart