Labrador City Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Labrador City

Year	Year to Year Comparison	** National Contribution
2008:	* 20.00%	* 0.00%
2006:	20.00%	0.00%
2005:	60.00%	0.01%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 40.00% and 0.01% respectively. ** 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
004:	CONCEPTION BAY SOUTH, NL	0.050%
005:	PORTUGAL COVE-ST PHILIPS, NL	0.043%
006:	GRAND FALLS-WINDSOR, NL	0.043%
007:	PARADISE, NL	0.043%
008:	GANDER, NL	0.037%
009:	LABRADOR CITY, NL	0.017%
010:	TORBAY, NL	0.017%
011:	DEER LAKE, NL	0.017%
012:	HOLYROOD, NL	0.013%
013:	GOULDS, NL	0.013%
014:	HAPPY VALLEY-GOOSE BAY, NL	0.013%

Product Popularity for Labrador City

Mortgage Application Form Type		Percentage of Inquiries
Qualification:		40.0%
First-time Buyer:		40.0%
No Money Down:		20.0%

Total Application Types Found: 3

Labrador City Mortgage Product Popularity Pie Chart

Age Demographics for Labrador City Originated Mortgages

Average age: 33
Oldest age: 39
Youngest age: 24

Incomes for Labrador City Originated Mortgages

The information below represents the average income of Canadians living in Labrador City who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Labrador City:	$56,200.00
applicants within all of Canada:	$56,347.50
Difference:	($147.50)

Note: Commercial loans were not included for this survey, only home loans were used.

Residential Status for Labrador City Mortgages

The pie chart below shows the residential status of people living in Labrador City who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of Mortgage Applicant		Percentage of Inquiries
Rent:		60.0%
Own:		40.0%

Labrador City Residential Status Pie Chart

Marital Statistics for Labrador City Mortgages

The following information represents the marital status of applicants from Labrador City, Newfoundland and Labrador using the preapproval application found on the CanEquity Mortgage web site. In Labrador City, over 80% of the mortgage applicants are living together with someone, while only 20% are single, separated or divorced.

Marital Status of Mortgage Applicant		Percentage of Inquiries
Married:		80.0%
Single:		20.0%