Last report update for Mill Bay: Thursday, May 15, 2008
Canada Mortgages
Mill Bay Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Brentwood Bay
Cobble Hill
Duncan
Galiano Island
Lake Cowichan
Saanichton
Shawnigan Lake
Sidney
Sooke
Victoria

Have an idea or suggestion on improving the Mill Bay mortgage stats page, please send us an e-mail.



Mill Bay Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

Map of Mill Bay requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgage Applications from Mill Bay

Year Year to Year
Comparison
** National
Contribution
2008: * 12.50% * 0.00%
2007: 50.00% 0.01%
2006: 25.00% 0.01%
2005: 12.50% 0.00%

Note: * These values are the percentages up to Thursday, May 15, 2008. Estimated volume targets for the entire 2008 year are 25.00% and 0.01% respectively. ** Total national contribution of Mill Bay mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within British Columbia


Location Contribution
070:  MACKENZIE, BC 0.030%
071:  VANDERHOOF, BC 0.030%
072:  SAANICHTON, BC 0.030%
073:  SMITHERS, BC 0.030%
074:  HOPE, BC 0.030%
075:  MILL BAY, BC 0.026%
076:  PORT MCNEILL, BC 0.026%
077:  SHAWNIGAN LAKE, BC 0.026%
078:  HOUSTON, BC 0.026%
079:  TUMBLER RIDGE, BC 0.026%
080:  ARMSTRONG, BC 0.026%

Nearest Settlements


1Shawnigan Lake, British Columbia
2Brentwood Bay, British Columbia
3Duncan, British Columbia
4Sidney, British Columbia
5Saanichton, British Columbia
6Galiano Island, British Columbia
7Lake Cowichan, British Columbia
8Cobble Hill, British Columbia
9Sooke, British Columbia
10Victoria, British Columbia
11Galiano, British Columbia
12North Saanich, British Columbia
13Salt Spring Island, British Columbia
14Chemainus, British Columbia
15Ladysmith, British Columbia


Product Popularity for Mill Bay


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 37.5%
Qualification: 25.0%
Purchase: 12.5%
Consolidate Mortgages: 12.5%
Second Mortgage: 12.5%
 
Total Application Types Found: 5
 Mill Bay Mortgage Product Popularity Pie Chart

Age Demographics for Mill Bay Mortgage Applicants

Average age: 47
Oldest age: 73
Youngest age: 38


Incomes for Mill Bay Mortgage Applicants

The following depicts the average income of Canadians living in Mill Bay who have applied for a home loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Mill Bay: $65,600.00
applicants within all of Canada: $56,395.43
Difference: $9,204.57
  

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

Residential Status for Mill Bay Mortgages

The following depicts the residential status of people living in Mill Bay who have applied for a mortgage loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 25.0%
Own: 75.0%
Mill Bay Residential Status Pie Chart

Marital Stats for Mill Bay Mortgages

The following table and pie chart represents the marital status of applicants from Mill Bay, British Columbia using the mortgage preapproval application located at the CanEquity web site. 87% of the mortgage applicants are either married or living common-law, while only 12% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 87.5%
Single: 12.5%
Mill Bay Marital Status Pie Chart