Last report update for Fort Smith: Wednesday, March 10, 2010
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Fort Smith Mortgages

Northwest Territories Mortgage Statistics, Graphs and Charts

Map of Fort Smith requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages from Fort Smith

Year Year to Year
Comparison
** National
Contribution
2007: 25.00% 0.00%
2006: 50.00% 0.01%
2005: 25.00% 0.00%

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

Current City Standing within Northwest Territories


Location Contribution
001:  YELLOWKNIFE, NT 0.179%
002:  INUVIK, NT 0.045%
003:  HAY RIVER, NT 0.045%
004:  FORT SMITH, NT 0.009%
005:  BEHCHOKO, NT 0.007%
006:  TUKTOYAKTUK, NT 0.007%
007:  FORT SIMPSON, NT 0.005%
008:  NORMAN WELLS, NT 0.005%

Product Popularity for Fort Smith


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 75.0%
Qualification: 25.0%
 
Total Application Types Found: 2
 Fort Smith Mortgage Product Popularity Pie Chart

Age Demographics for Fort Smith Mortgages

Average age: 40
Oldest age: 46
Youngest age: 31


Incomes for Fort Smith Mortgages

The amounts below are the average income of people living in Fort Smith who have applied for a home loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Fort Smith: $79,880.50
applicants within all of Canada: $58,582.76
Difference: $21,297.74
  

Since the average income of Fort Smith is notability higher than our Canadian national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Fort Smith: $79,500.00
applicants within all of Canada: $58,582.76
Difference: $20,917.24

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

Residential Status for Fort Smith Mortgage Applicants

The information shown below represents the residential status of people living in Fort Smith who have applied for a home loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Own: 100.0%
Fort Smith Residential Status Pie Chart

Marital Statistics for Fort Smith Mortgage Applicants

The information below shows the marital status of applicants from Fort Smith, Northwest Territories using the preapproval application found on the CanEquity Mortgage web site. 75% of the mortgage applicants are living common-law or married, while only 25% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 75.0%
Single: 25.0%
Fort Smith Marital Status Pie Chart