Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Lake Cowichan: Wednesday, February 8, 2012   
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Related Links:
Chemainus
Cobble Hill
Duncan
Gabriola
Ladysmith
Mill Bay
Nanaimo
Nanoose Bay
Port Alberni
Shawnigan Lake

Lake Cowichan Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Lake Cowichan

Year Year to Year
Comparison
** National
Contribution
2011: 9.09% 0.00%
2010: 18.18% 0.00%
2009: 18.18% 0.00%
2008: 18.18% 0.00%
2007: 18.18% 0.00%
2005: 9.09% 0.00%
2003: 9.09% 0.00%

Note: ** Total national contribution of Lake Cowichan mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within British Columbia


Location Contribution
080:  SICAMOUS, BC 0.023%
081:  MILL BAY, BC 0.021%
082:  PRINCETON, BC 0.021%
083:  GABRIOLA, BC 0.021%
084:  OLIVER, BC 0.021%
085:  LAKE COWICHAN, BC 0.021%
086:  FRASER LAKE, BC 0.019%
087:  CHASE, BC 0.019%
088:  MACKENZIE, BC 0.019%
089:  LAZO, BC 0.019%
090:  SAANICHTON, BC 0.019%

Nearest Settlements


1Port Alberni, British Columbia
2Cobble Hill, British Columbia
3Mill Bay, British Columbia
4Ladysmith, British Columbia
5Shawnigan Lake, British Columbia
6Gabriola, British Columbia
7Nanaimo, British Columbia
8Chemainus, British Columbia
9Nanoose Bay, British Columbia
10Duncan, British Columbia
11Errington, British Columbia
12Lantzville, British Columbia
13Sidney, British Columbia
14Cowichan Bay, British Columbia
15Brentwood Bay, British Columbia
16Saanichton, British Columbia
17Pender Island, British Columbia
18Qualicum Beach, British Columbia
19Galiano Island, British Columbia
20Port Renfrew, British Columbia


Product Popularity for Lake Cowichan


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 27.3%
Qualification: 27.3%
Refinance: 18.2%
Purchase: 9.1%
Equity Mortgage: 9.1%
No Money Down: 9.1%
 
Total Application Types Found: 6
 Lake Cowichan Mortgage Product Popularity Pie Chart

Age Demographics for Lake Cowichan Mortgage Applicants

Average age: 40
Oldest age: 57
Youngest age: 31


Incomes for Lake Cowichan Mortgage Applicants

The figures below represent the average income of Canadians living in Lake Cowichan who have submitted an inquiry using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Lake Cowichan: $65,250.00
applicants within all of Canada: $59,498.47
Difference: $5,751.53
  

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

Residential Status for Lake Cowichan Mortgage Applicants

The table and pie chart below represents the residential status of people living in Lake Cowichan who have applied for a mortgage using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 9.1%
Own: 90.9%
Lake Cowichan Residential Status Pie Chart

Marital Statistics for Lake Cowichan Mortgage Applicants

The pie chart below represents the marital status of applicants from Lake Cowichan, British Columbia using the online mortgage application found at canequity.com. In Lake Cowichan, over 72% of the mortgage applicants are living together with someone, while only 18% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 72.7%
Single: 18.2%
Widowed: 9.1%
Lake Cowichan Marital Status Pie Chart