Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Grand Falls: Wednesday, February 1, 2012   
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Bath
Douglas
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Lower-Kintore
Pembroke
Saint-Francois-De-Madawaska
Saint-Francois
St-Joseph-De-Madawaska

Grand Falls Mortgages

New Brunswick Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Grand Falls

Year Year to Year
Comparison
** National
Contribution
2011: 18.75% 0.01%
2010: 31.25% 0.01%
2009: 6.25% 0.00%
2007: 6.25% 0.00%
2006: 6.25% 0.00%
2005: 12.50% 0.00%
2004: 12.50% 0.00%
2003: 6.25% 0.00%

Note: ** Total national contribution of Grand Falls mortgages in the past is currently 0.03% with a projected target of 0.03%.

New Brunswick Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario: 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Grand Falls Mortgages

Current City Standing within New Brunswick


Location Contribution
007:  OROMOCTO, NB 0.072%
008:  BATHURST, NB 0.057%
009:  WOODSTOCK, NB 0.036%
010:  ROTHESAY, NB 0.032%
011:  ST STEPHEN, NB 0.032%
012:  GRAND FALLS, NB 0.030%
013:  QUISPAMSIS, NB 0.028%
014:  SHEDIAC, NB 0.025%
015:  EDMUNDSTON, NB 0.025%
016:  SUSSEX, NB 0.021%
017:  NOTRE-DAME, NB 0.021%

Nearest Settlements


1Douglas, New Brunswick
2Saint-Francois-De-Madawaska, New Brunswick
3Saint-Francois, New Brunswick
4Bath, New Brunswick
5Pembroke, New Brunswick
6Hartland, New Brunswick
7Edmundston, New Brunswick
8Lower-Kintore, New Brunswick
9St-Joseph-De-Madawaska, New Brunswick


Product Popularity for Grand Falls


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 43.8%
Refinance: 18.8%
Qualification: 18.8%
Purchase: 6.3%
No Money Down: 6.3%
Pre-approval: 6.3%
 
Total Application Types Found: 6
 Grand Falls Mortgage Product Popularity Pie Chart

Age Demographics for Grand Falls Based Mortgages

Average age: 33
Oldest age: 48
Youngest age: 20


Incomes for Grand Falls Based Mortgages

The following depicts the average income of Canadians living in Grand Falls who have submitted an inquiry using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Grand Falls: $53,772.80
applicants within all of Canada: $59,498.47
Difference: ($5,725.67)
  
mortgage co-applicants in Grand Falls: $39,838.00
co-applicants within all of Canada: $42,403.13
Difference: ($2,565.13)

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

Residential Status for Grand Falls Mortgage Applicants

The pie chart below shows the residential status of people living in Grand Falls who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 68.8%
Own: 18.8%
Live with parents: 12.5%
Grand Falls Residential Status Pie Chart

Marital Statistics for Grand Falls Mortgage Applicants

The information below shows the marital status of applicants from Grand Falls, New Brunswick using the preapproval application located at canequity.com. In Grand Falls, 62% of the mortgage applicants are living together with someone, while only 37% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 43.8%
Single: 25.0%
Married: 18.8%
Separated: 12.5%
Grand Falls Marital Status Pie Chart