Last report update for Sparwood: Tuesday, May 6, 2008
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Elkford
Fernie
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Sparwood Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Sparwood

Year Year to Year
Comparison
** National
Contribution
2008: * 7.14% * 0.00%
2007: 14.29% 0.01%
2006: 7.14% 0.00%
2005: 50.00% 0.02%
2004: 14.29% 0.01%
2003: 7.14% 0.00%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 14.29% and 0.01% respectively. ** Total national contribution of Sparwood mortgages in the past is currently 0.05% with a projected target of 0.05%.

Current City Standing within British Columbia


Location Contribution
042:  PORT MOODY, BC 0.053%
043:  ALDERGROVE, BC 0.050%
044:  FORT NELSON, BC 0.050%
045:  CRESTON, BC 0.047%
046:  KITIMAT, BC 0.047%
047:  SPARWOOD, BC 0.047%
048:  MERRITT, BC 0.047%
049:  SQUAMISH, BC 0.047%
050:  WEST VANCOUVER, BC 0.047%
051:  SALT SPRING ISLAND, BC 0.043%
052:  KIMBERLEY, BC 0.043%

Nearest Settlements


1Fernie, British Columbia
2Jaffray, British Columbia
3Elkford, British Columbia


Product Popularity for Sparwood


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 35.7%
Refinance: 14.3%
No Money Down: 14.3%
Second Mortgage: 14.3%
Renewal: 7.1%
Purchase: 7.1%
First-time Buyer: 7.1%
 
Total Application Types Found: 7
 Sparwood Mortgage Product Popularity Pie Chart

Age Demographics for Sparwood Originated Mortgages

Average age: 35
Oldest age: 43
Youngest age: 26


Incomes for Sparwood Originated Mortgages

The numbers below represent the average income of people living in Sparwood who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Sparwood: $52,366.67
applicants within all of Canada: $56,347.50
Difference: ($3,980.83)
  
mortgage co-applicants in Sparwood: $26,000.00
co-applicants within all of Canada: $39,330.70
Difference: ($13,330.70)

Note: Commercial loan amounts were not included for this section, only residential mortgage loans were used.

Residential Status for Sparwood Mortgages

The chart and pie-graph below depicts the residential status of people living in Sparwood who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 35.7%
Own: 64.3%
Sparwood Residential Status Pie Chart

Marital Status for Sparwood Mortgages

The pie chart below represents the marital status of applicants from Sparwood, British Columbia using the mortgage application found on the CanEquity Mortgage web site. Approximately 85% of the mortgage applicants are living together with someone, while only 14% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Common-law: 28.6%
Divorced: 7.1%
Single: 7.1%
Sparwood Marital Status Pie Chart