Last report update for Torbay: Tuesday, May 6, 2008
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Torbay Mortgage
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Related Links:
Bell Island
Carbonear
Conception Bay South
Flatrock
Logy Bay
Long Bay
Mount Pearl
Paradise
Portugal Cove-St Philips
St John'S

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Torbay Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Torbay

Year Year to Year
Comparison
** National
Contribution
2004: 20.00% 0.00%
2003: 40.00% 0.01%
2002: 40.00% 0.01%

Note: ** 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
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%
015:  FLATROCK, NL 0.013%

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
10Carbonear, Newfoundland and Labrador
11Goulds, Newfoundland and Labrador
12Spaniards Bay, Newfoundland and Labrador


Product Popularity for Torbay


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 40.0%
Purchase: 20.0%
Qualification: 20.0%
Variable Rate: 20.0%
 
Total Application Types Found: 4
 Torbay Mortgage Product Popularity Pie Chart

Age Demographics for Torbay Mortgage Applicants

Average age: 42
Oldest age: 50
Youngest age: 27


Incomes for Torbay Mortgage Applicants

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

Average annual gross income for
mortgage applicants in Torbay: $39,812.00
applicants within all of Canada: $56,347.50
Difference: ($16,535.50)
  

Note: Commercial loans were not included for this survey, only residential mortgage loans from Torbay, Newfoundland and Labrador were used.

Residential Status for Torbay Applicants

The information below represents the residential status of people living in Torbay who have submitted an inquiry using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 20.0%
Own: 40.0%
No Comment: 40.0%
Torbay Residential Status Pie Chart

Marital Status for Torbay Applicants

The following information represents the marital status of applicants from Torbay, Newfoundland and Labrador using the mortgage application found at the CanEquity web site. In Torbay, over 40% of the mortgage applicants are either married or living common-law, while only 60% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Divorced: 60.0%
Common-law: 20.0%
Married: 20.0%
Torbay Marital Status Pie Chart