Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.77% | 0.00% |
| 2009: | 5.88% | 0.00% |
| 2008: | 23.53% | 0.01% |
| 2007: | 23.53% | 0.01% |
| 2006: | 11.77% | 0.00% |
| 2005: | 5.88% | 0.00% |
| 2004: | 5.88% | 0.00% |
| 2003: | 5.88% | 0.00% |
| 2002: | 5.88% | 0.00% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 003: | MOUNT PEARL, NL | 0.087% |
| 004: | CONCEPTION BAY SOUTH, NL | 0.047% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 35.3% | |
| Qualification: | 17.6% | |
| First-time Buyer: | 17.6% | |
| No Money Down: | 11.8% | |
| Renewal: | 5.9% | |
| Purchase: | 5.9% | |
| Low Doc: | 5.9% | |
| Total Application Types Found: 7 | ||
Average age: 36
Oldest age: 50
Youngest age: 26
The numbers below represent the average income of people living in Portugal Cove-St Philips who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Portugal Cove-St Philips: | $58,916.40 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($582.07) |
| mortgage co-applicants in Portugal Cove-St Philips: | $30,100.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($12,303.13) |
The following table represents the residential status of people living in Portugal Cove-St Philips who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.3% | |
| Own: | 52.9% | |
| No Comment: | 5.9% | |
| Live with parents: | 5.9% |
The following information represents the marital status of applicants from Portugal Cove-St Philips, Newfoundland and Labrador using the online mortgage application found on the CanEquity Mortgage web site. Approximately 76% of the mortgage applicants are living with someone, while only 23% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.8% | |
| Common-law: | 17.6% | |
| Separated: | 11.8% | |
| Single: | 11.8% |
