Last report update for Oromocto: Tuesday, May 6, 2008
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Oromocto Mortgage
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Boiestown
Burtts Corner
Fredericton
Hanwell
Keswick
Kingston
Lincoln
Lower Cambridge
Minto
New Maryland

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Oromocto Mortgages

New Brunswick Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Oromocto

Year Year to Year
Comparison
** National
Contribution
2008: * 11.11% * 0.01%
2007: 27.78% 0.02%
2006: 16.67% 0.01%
2005: 27.78% 0.02%
2003: 16.67% 0.01%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 27.78% and 0.02% respectively. ** Total national contribution of Oromocto mortgages in the past is currently 0.06% with a projected target of 0.07%.

New Brunswick Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.49%
Manitoba: 2.11%
New Brunswick 2.02%
Newfoundland and Labrador: 1.12%
Nova Scotia: 2.77%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario: 48.62%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.60%
Yukon Territories: 0.21%
Oromocto Mortgages

Current City Standing within New Brunswick


Location Contribution
001:  SAINT JOHN, NB 0.273%
002:  MONCTON, NB 0.236%
003:  FREDERICTON, NB 0.223%
004:  MIRAMICHI, NB 0.076%
005:  RIVERVIEW, NB 0.066%
006:  OROMOCTO, NB 0.060%
007:  DIEPPE, NB 0.053%
008:  ST STEPHEN, NB 0.047%
009:  BATHURST, NB 0.033%
010:  ROTHESAY, NB 0.033%
011:  WOODSTOCK, NB 0.030%

Nearest Settlements


1Fredericton, New Brunswick
2Lincoln, New Brunswick
3Hanwell, New Brunswick
4New Maryland, New Brunswick
5Lower Cambridge, New Brunswick
6Burtts Corner, New Brunswick
7Keswick, New Brunswick
8Minto, New Brunswick
9Boiestown, New Brunswick
10Kingston, New Brunswick
11Grand Bay-Westfield, New Brunswick
12Saint John, New Brunswick
13Woodstock, New Brunswick


Product Popularity for Oromocto


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 44.4%
No Money Down: 33.3%
First-time Buyer: 22.2%
 
Total Application Types Found: 3
 Oromocto Mortgage Product Popularity Pie Chart

Age Demographics for Oromocto Mortgages

Average age: 30
Oldest age: 45
Youngest age: 24


Incomes for Oromocto Mortgages

The following depicts the average income of applicants living in Oromocto who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Oromocto: $52,533.56
applicants within all of Canada: $56,347.50
Difference: ($3,813.94)
  
mortgage co-applicants in Oromocto: $19,368.00
co-applicants within all of Canada: $39,330.70
Difference: ($19,962.70)

Note: Commercial loans were not included for this report, only residential loans amounts were used.

Residential Status for Oromocto Mortgages

The following table represents the residential status of people living in Oromocto who have applied for a loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 88.9%
Own: 11.1%
Oromocto Residential Status Pie Chart

Marital Status for Oromocto Mortgages

The following table and pie chart represents the marital status of applicants from Oromocto, New Brunswick using the preapproval application found on the CanEquity Mortgage web site. In Oromocto, over 83% of the mortgage applicants are either married or living common-law, while only 16% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 66.7%
Common-law: 16.7%
Single: 11.1%
Separated: 5.6%
Oromocto Marital Status Pie Chart