Kitimat Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 7.14% | * 0.00% |
| 2007: | 7.14% | 0.00% |
| 2006: | 28.57% | 0.01% |
| 2005: | 21.43% | 0.01% |
| 2004: | 7.14% | 0.00% |
| 2003: | 14.29% | 0.01% |
| 2002: | 14.29% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 041: | SIDNEY, BC | 0.053% |
| 042: | PORT MOODY, BC | 0.053% |
| 043: | ALDERGROVE, BC | 0.050% |
| 044: | FORT NELSON, BC | 0.050% |
| 045: | CRESTON, BC | 0.047% |
| 046: | KITIMAT, BC | 0.047% |
| 047: | SPARWOOD, BC | 0.047% |
| 048: | MERRITT, BC | 0.047% |
| 049: | SQUAMISH, BC | 0.047% |
| 050: | WEST VANCOUVER, BC | 0.047% |
| 051: | SALT SPRING ISLAND, BC | 0.043% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 21.4% | |
| Qualification: | 21.4% | |
| Purchase: | 14.3% | |
| Refinance: | 14.3% | |
| First-time Buyer: | 14.3% | |
| No Money Down: | 7.1% | |
| Variable Rate: | 7.1% | |
| Total Application Types Found: 7 | ||
Average age: 37
Oldest age: 52
Youngest age: 26
The amounts below are the average income of Canadians living in Kitimat who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Kitimat: | $77,348.92 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $21,001.43 |
| mortgage co-applicants in Kitimat: | $41,250.00 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $1,919.30 |
Since the average income of Kitimat is notability higher than our 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 Kitimat: | $80,000.00 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $23,652.50 |
The chart and pie-graph below depicts the residential status of people living in Kitimat who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.9% | |
| Own: | 50.0% | |
| No Comment: | 7.1% |
The following information represents the marital status of applicants from Kitimat, British Columbia using the mortgage application located at canequity.com. In Kitimat, over 78% of the mortgage applicants are living together with someone, while only 21% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.1% | |
| Common-law: | 21.4% | |
| Divorced: | 14.3% | |
| Single: | 7.1% |
