Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Torbay: Wednesday, February 1, 2012   
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Bell Island
Brownsdale
Conception Bay South
Flatrock
Logy Bay
Long Bay
Mount Pearl
Paradise
Portugal Cove-St Philips
St John'S

Torbay Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications 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% 0.00%
2002: 28.57% 0.00%

Note: ** Total national contribution of Torbay mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Newfoundland and Labrador


Location Contribution
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%
016:  HOLYROOD, NL 0.013%
017:  BISHOPS FALLS, NL 0.013%
018:  STEPHENVILLE, NL 0.011%

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 Originated Mortgages

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


Incomes for Torbay Originated Mortgages

The numbers below represent the average income of Canadians living in Torbay who have applied for a home loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Torbay: $40,580.00
applicants within all of Canada: $59,498.47
Difference: ($18,918.47)
  

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

Residential Status for Torbay Mortgages

The pie chart below shows the residential status of people living in Torbay who have applied for a home loan using CanEquity's preapproval application.

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 Mortgages

The pie chart below represents the marital status of applicants from Torbay, Newfoundland and Labrador using the mortgage application found on the CanEquity Mortgage web site. In Torbay, 42% of the mortgage applicants are either married or living common-law, 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