Last report update for Lake Cowichan: Wednesday, March 17, 2010
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Lake Cowichan Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Lake Cowichan

Year Year to Year
Comparison		 ** National
Contribution
2010: * 11.11% * 0.00%
2009: 22.22% 0.01%
2008: 22.22% 0.01%
2007: 22.22% 0.01%
2005: 11.11% 0.00%
2003: 11.11% 0.00%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 44.44% and 0.01% respectively. ** Total national contribution of Lake Cowichan mortgages in the past is currently 0.02% with a projected target of 0.03%.

Current City Standing within British Columbia


Location Contribution
081:  PRINCETON, BC 0.021%
082:  LUMBY, BC 0.021%
083:  MACKENZIE, BC 0.021%
084:  LAZO, BC 0.021%
085:  SAANICHTON, BC 0.021%
086:  LAKE COWICHAN, BC 0.021%
087:  WINFIELD, BC 0.021%
088:  PEMBERTON, BC 0.019%
089:  CLEARWATER, BC 0.019%
090:  HOUSTON, BC 0.019%
091:  UCLUELET, 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: 33.3%
Refinance: 22.2%
Qualification: 22.2%
Equity Mortgage: 11.1%
No Money Down: 11.1%
 
Total Application Types Found: 5
Lake Cowichan Mortgage Product Popularity Pie Chart

Age Demographics for Lake Cowichan Applicants

Average age: 38
Oldest age: 57
Youngest age: 31


Incomes for Lake Cowichan Applicants

The following figures show the average income of people living in Lake Cowichan who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Lake Cowichan: $66,937.50
applicants within all of Canada: $58,582.39
Difference: $8,355.11
  

Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loan amounts from Lake Cowichan, British Columbia were used.

Residential Status for Lake Cowichan Mortgages

The following table represents the residential status of people living in Lake Cowichan who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant		  Percentage
of Inquiries
Own: 100.0%
Lake Cowichan Residential Status Pie Chart

Marital Statistics for Lake Cowichan Mortgages

The information below shows the marital status of applicants from Lake Cowichan, British Columbia using the preapproval application found at canequity.com. Over 66% of the mortgage applicants are living together with someone, while only 22% are not married or separated.

Marital Status of
Mortgage Applicant 		  Percentage
of Inquiries
Married: 66.7%
Single: 22.2%
Widowed: 11.1%
Lake Cowichan Marital Status Pie Chart