Last report update for Mill Bay: Sunday, March 21, 2010
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Mill Bay Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Mill Bay

Year Year to Year
Comparison
** National
Contribution
2010: * 11.11% * 0.00%
2008: 11.11% 0.00%
2007: 44.44% 0.01%
2006: 22.22% 0.01%
2005: 11.11% 0.00%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 44.44% and 0.01% respectively. ** Total national contribution of Mill Bay mortgages in the past is currently 0.02% with a projected target of 0.03%.

Current City Standing within British Columbia


Location Contribution
075:  FORT ST JAMES, BC 0.023%
076:  GABRIOLA, BC 0.023%
077:  OLIVER, BC 0.023%
078:  SHAWNIGAN LAKE, BC 0.023%
079:  ARMSTRONG, BC 0.023%
080:  MILL BAY, BC 0.021%
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%

Nearest Settlements


1Shawnigan Lake, British Columbia
2Brentwood Bay, British Columbia
3Sidney, British Columbia
4Cowichan Bay, British Columbia
5Saanichton, British Columbia
6Duncan, British Columbia
7Pender Island, British Columbia
8Galiano Island, British Columbia
9Cobble Hill, British Columbia
10Lake Cowichan, British Columbia
11Sooke, British Columbia
12North Saanich, British Columbia
13Victoria, British Columbia
14Galiano, British Columbia
15Salt Spring Island, British Columbia
16Chemainus, British Columbia
17Ladysmith, British Columbia


Product Popularity for Mill Bay


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 33.3%
Qualification: 22.2%
Purchase: 11.1%
Consolidate Mortgages: 11.1%
First-time Buyer: 11.1%
Second Mortgage: 11.1%
 
Total Application Types Found: 6
 Mill Bay Mortgage Product Popularity Pie Chart

Age Demographics for Mill Bay Based Mortgages

Average age: 45
Oldest age: 73
Youngest age: 34


Incomes for Mill Bay Based Mortgages

The information below represents the average income of Canadians living in Mill Bay who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Mill Bay: $65,500.00
applicants within all of Canada: $58,592.40
Difference: $6,907.60
  
mortgage co-applicants in Mill Bay: $63,750.00
co-applicants within all of Canada: $41,278.89
Difference: $22,471.11

Note: Commercial Mortgage loans were not included for this section, only home loans from Mill Bay, British Columbia were used.

Residential Status for Mill Bay Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Mill Bay who have applied for a mortgage loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 33.3%
Own: 66.7%
Mill Bay Residential Status Pie Chart

Marital Statistics for Mill Bay Mortgage Applicants

The pie chart below represents the marital status of applicants from Mill Bay, British Columbia using the mortgage application found at the CanEquity web site. In Mill Bay, approximately 88% of the mortgage applicants are living with someone, while only 11% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 88.9%
Single: 11.1%
Mill Bay Marital Status Pie Chart