Last report update for Torbay: Wednesday, March 17, 2010
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Torbay Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Torbay

Year Year to Year
Comparison
** National
Contribution
2010: * 14.29% * 0.00%
2009: 14.29% 0.00%
2004: 14.29% 0.00%
2003: 28.57% 0.01%
2002: 28.57% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 57.14% and 0.01% respectively. ** Total national contribution of Torbay mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Newfoundland and Labrador


Location Contribution
006:  PORTUGAL COVE-ST PHILIPS, NL 0.035%
007:  GRAND FALLS-WINDSOR, NL 0.035%
008:  GANDER, NL 0.035%
009:  HAPPY VALLEY-GOOSE BAY, NL 0.016%
010:  LABRADOR CITY, NL 0.016%
011:  TORBAY, NL 0.016%
012:  HOLYROOD, NL 0.014%
013:  DEER LAKE, NL 0.014%
014:  NORTH WEST RIVER, NL 0.012%
015:  LEWISPORTE, NL 0.012%
016:  BAIE VERTE, NL 0.009%

Nearest Settlements


1Long Bay, Newfoundland and Labrador
2Flatrock, Newfoundland and Labrador
3St John'S, Newfoundland and Labrador
4Paradise, Newfoundland and Labrador
5Portugal Cove-St Philips, Newfoundland and Labrador
6Logy Bay, Newfoundland and Labrador
7Bell Island, Newfoundland and Labrador
8Mount Pearl, Newfoundland and Labrador
9Conception Bay South, Newfoundland and Labrador
10Brownsdale, Newfoundland and Labrador
11Carbonear, Newfoundland and Labrador
12Goulds, Newfoundland and Labrador
13Spaniards Bay, Newfoundland and Labrador


Product Popularity for Torbay


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 28.6%
Qualification: 28.6%
Purchase: 14.3%
No Money Down: 14.3%
Variable Rate: 14.3%
 
Total Application Types Found: 5
 Torbay Mortgage Product Popularity Pie Chart

Age Demographics for Torbay Mortgages

Average age: 39
Oldest age: 50
Youngest age: 26


Incomes for Torbay Mortgages

The amounts below are the average income of applicants living in Torbay who have applied for a loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Torbay: $40,580.00
applicants within all of Canada: $58,582.39
Difference: ($18,002.39)
  

Note: Commercial loans were not included for this section, only residential mortgage loan amounts were used.

Residential Status for Torbay Based Mortgages

The pie chart below shows the residential status of people living in Torbay who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 28.6%
Own: 42.9%
No Comment: 28.6%
Torbay Residential Status Pie Chart

Marital Status for Torbay Based Mortgages

The following pie chart represents the marital status of applicants from Torbay, Newfoundland and Labrador using the online mortgage application located at the CanEquity web site. 42% of the mortgage applicants are living common-law or married, while only 57% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Divorced: 42.9%
Married: 28.6%
Common-law: 14.3%
Single: 14.3%
Torbay Marital Status Pie Chart