Steinbach Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2007: | 36.36% | 0.01% |
| 2006: | 18.18% | 0.01% |
| 2005: | 27.27% | 0.01% |
| 2002: | 18.18% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 001: | WINNIPEG, MB | 1.185% |
| 002: | BRANDON, MB | 0.096% |
| 003: | THOMPSON, MB | 0.066% |
| 004: | THE PAS, MB | 0.040% |
| 005: | SHILO, MB | 0.036% |
| 006: | STEINBACH, MB | 0.036% |
| 007: | PORTAGE LA PRAIRIE, MB | 0.033% |
| 008: | MORDEN, MB | 0.026% |
| 009: | ST ADOLPHE, MB | 0.026% |
| 010: | STONEWALL, MB | 0.023% |
| 011: | NEEPAWA, MB | 0.017% |
| 1 | St Pierre Jolys, Manitoba |
| 2 | La Broquerie, Manitoba |
| 3 | Grunthal, Manitoba |
| 4 | Ste Anne, Manitoba |
| 5 | St Adolphe, Manitoba |
| 6 | Lorette, Manitoba |
| 7 | Marchand, Manitoba |
| 8 | Morris, Manitoba |
| 9 | Winnipeg, Manitoba |
| 10 | Grosse Isle, Manitoba |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 36.4% | |
| Refinance: | 27.3% | |
| Fixed Rate: | 9.1% | |
| Qualification: | 9.1% | |
| No Money Down: | 9.1% | |
| Variable Rate: | 9.1% | |
| Total Application Types Found: 6 | ||
Average age: 30
Oldest age: 55
Youngest age: 20
The figures below represent the average income of people living in Steinbach who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Steinbach: | $79,063.64 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | $22,679.34 |
| mortgage co-applicants in Steinbach: | $22,750.00 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | ($16,625.53) |
Since the average income of Steinbach is substantially higher than the Canadian national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Steinbach: | $40,000.00 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($16,384.30) |
The pie chart below shows the residential status of people living in Steinbach who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 54.5% | |
| Own: | 27.3% | |
| No Comment: | 18.2% |
The following pie chart represents the marital status of applicants from Steinbach, Manitoba using the preapproval application located at the CanEquity web site. 63% of the mortgage applicants are living together with someone, while only 36% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 63.6% | |
| Divorced: | 18.2% | |
| Single: | 18.2% |
