Last report update for Grand Bank: Wednesday, March 10, 2010
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Grand Bank Mortgage
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Grand Bank Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Grand Bank

Year Year to Year
Comparison
** National
Contribution
2007: 100.00% 0.01%

Note: ** Total national contribution of Grand Bank mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Newfoundland and Labrador


Location Contribution
032:  ST ANTHONY, NL 0.005%
033:  LOGY BAY, NL 0.005%
034:  FRENCHMANS COVE BOI, NL 0.005%
035:  BELL ISLAND, NL 0.005%
036:  PETERVIEW, NL 0.005%
037:  GRAND BANK, NL 0.005%
038:  GAMBO, NL 0.005%
039:  ROCKY HARBOUR, NL 0.005%
040:  LEWINS COVE, NL 0.005%
041:  CLARKES BEACH, NL 0.005%
042:  CUPIDS, NL 0.005%

Product Popularity for Grand Bank


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 50.0%
Qualification: 50.0%
 
Total Application Types Found: 2
 Grand Bank Mortgage Product Popularity Pie Chart

Age Demographics for Grand Bank Originated Mortgages

Average age: 45
Oldest age: 49
Youngest age: 41


Incomes for Grand Bank Originated Mortgages

The information below represents the average income of applicants living in Grand Bank who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Grand Bank: $66,500.00
applicants within all of Canada: $58,582.76
Difference: $7,917.24
  

Note: Commercial Mortgage loans were not included for this report, only home loans from Grand Bank, Newfoundland and Labrador were used.

Residential Status for Grand Bank Originated Mortgages

The chart and pie-graph below depicts the residential status of people living in Grand Bank who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Own: 100.0%
Grand Bank Residential Status Pie Chart

Marital Stats for Grand Bank Originated Mortgages

The information below shows the marital status of applicants from Grand Bank, Newfoundland and Labrador using the mortgage application found at canequity.com. In Grand Bank, over 50% of the mortgage applicants are either married or living common-law, while only 50% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 50.0%
Single: 50.0%
Grand Bank Marital Status Pie Chart