Last report update for Grand Bank: Tuesday, January 6, 2009
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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 Mortgages Originating 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
028:  GLOVERTOWN, NL 0.009%
029:  LOGY BAY, NL 0.006%
030:  FRENCHMANS COVE BOI, NL 0.006%
031:  BELL ISLAND, NL 0.006%
032:  SPANIARDS BAY, NL 0.006%
033:  GRAND BANK, NL 0.006%
034:  BOTWOOD, NL 0.006%
035:  GAMBO, NL 0.006%
036:  ROCKY HARBOUR, NL 0.006%
037:  CLARKES BEACH, NL 0.006%
038:  CATALINA, NL 0.006%

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 Based Mortgages

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


Incomes for Grand Bank Based Mortgages

The following depicts the average income of Canadians living in Grand Bank who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Grand Bank: $66,500.00
applicants within all of Canada: $57,078.54
Difference: $9,421.46
  

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

Residential Status for Grand Bank Originated Mortgages

The following table represents the residential status of people living in Grand Bank who have submitted an inquiry using the online application located at the CanEquity web site.

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

Marital Status for Grand Bank Originated Mortgages

The information below shows the marital status of applicants from Grand Bank, Newfoundland and Labrador using the mortgage application located at the CanEquity web site. In Grand Bank, approximately 50% of the mortgage applicants are living common-law or married, while only 50% are single or separated.

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