Labrador City Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Labrador City

Year	Year to Year Comparison	** National Contribution
2011:	10.00%	0.00%
2010:	20.00%	0.00%
2009:	20.00%	0.00%
2008:	10.00%	0.00%
2006:	10.00%	0.00%
2005:	30.00%	0.01%

Note: ** Total national contribution of Labrador City mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Newfoundland and Labrador

	Location	Contribution
005:	PARADISE, NL	0.047%
006:	GRAND FALLS-WINDSOR, NL	0.043%
007:	GANDER, NL	0.038%
008:	PORTUGAL COVE-ST PHILIPS, NL	0.032%
009:	HAPPY VALLEY-GOOSE BAY, NL	0.019%
010:	LABRADOR CITY, NL	0.019%
011:	MARYSTOWN, NL	0.019%
012:	CLARENVILLE, NL	0.015%
013:	TORBAY, NL	0.013%
014:	DEER LAKE, NL	0.013%
015:	NORTH WEST RIVER, NL	0.013%

Product Popularity for Labrador City

Mortgage Application Form Type		Percentage of Inquiries
Qualification:		30.0%
No Money Down:		30.0%
First-time Buyer:		20.0%
Purchase:		10.0%
Refinance:		10.0%

Total Application Types Found: 5

Labrador City Mortgage Product Popularity Pie Chart

Age Demographics for Labrador City Mortgage Applicants

Average age: 34
Oldest age: 49
Youngest age: 24

Incomes for Labrador City Mortgage Applicants

The numbers below represent the average income of applicants living in Labrador City who have applied for a loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Labrador City:	$62,000.00
applicants within all of Canada:	$59,498.47
Difference:	$2,501.53

mortgage co-applicants in Labrador City:	$44,550.00
co-applicants within all of Canada:	$42,403.13
Difference:	$2,146.87

Note: Commercial Mortgages were not included for this section, only residential loans from Labrador City, Newfoundland and Labrador were used.

Residential Status for Labrador City Mortgage Applicants

The information shown below represents the residential status of people living in Labrador City who have applied for a home loan using the pre-approval application on CanEquity's web site.

Residential Status of Mortgage Applicant		Percentage of Inquiries
Rent:		50.0%
Own:		40.0%
Other:		10.0%

Labrador City Residential Status Pie Chart

Marital Statistics for Labrador City Mortgage Applicants

The following pie chart represents the marital status of applicants from Labrador City, Newfoundland and Labrador using the online mortgage application located at the CanEquity web site. In Labrador City, over 90% of the mortgage applicants are either married or living common-law, while only 10% are not married or separated.

Marital Status of Mortgage Applicant		Percentage of Inquiries
Married:		60.0%
Common-law:		30.0%
Single:		10.0%