Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 27.27% | 0.01% |
| 2008: | 9.09% | 0.00% |
| 2007: | 36.36% | 0.01% |
| 2006: | 18.18% | 0.00% |
| 2005: | 9.09% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 076: | HOUSTON, BC | 0.023% |
| 077: | LUMBY, BC | 0.023% |
| 078: | WHISTLER, BC | 0.023% |
| 079: | PORT HARDY, BC | 0.023% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 27.3% | |
| Qualification: | 27.3% | |
| Purchase: | 9.1% | |
| Refinance: | 9.1% | |
| Consolidate Mortgages: | 9.1% | |
| First-time Buyer: | 9.1% | |
| Second Mortgage: | 9.1% | |
| Total Application Types Found: 7 | ||
Average age: 46
Oldest age: 73
Youngest age: 34
The following figures show the average income of Canadians living in Mill Bay who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mill Bay: | $68,187.50 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $8,689.03 |
| mortgage co-applicants in Mill Bay: | $54,200.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $11,796.87 |
The information below represents the residential status of people living in Mill Bay who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.4% | |
| Own: | 63.6% |
The following information represents the marital status of applicants from Mill Bay, British Columbia using the online mortgage application found at the CanEquity web site. Over 90% of the mortgage applicants are either married or living common-law, while only 9% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 90.9% | |
| Single: | 9.1% |
