Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 20.00% | 0.00% |
| 2007: | 20.00% | 0.00% |
| 2006: | 40.00% | 0.00% |
| 2005: | 20.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 001: | YELLOWKNIFE, NT | 0.264% |
| 002: | INUVIK, NT | 0.045% |
| 003: | HAY RIVER, NT | 0.042% |
| 004: | FORT SMITH, NT | 0.009% |
| 005: | BEHCHOKO, NT | 0.009% |
| 006: | FORT SIMPSON, NT | 0.006% |
| 007: | TUKTOYAKTUK, NT | 0.006% |
| 008: | NORMAN WELLS, NT | 0.006% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 60.0% | |
| Purchase: | 20.0% | |
| Qualification: | 20.0% | |
| Total Application Types Found: 3 | ||
Average age: 38
Oldest age: 46
Youngest age: 31
The figures below represent the average income of Canadians 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: | $80,904.40 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $21,405.93 |
Since the average income of Fort Smith is much higher than our national average, we have included the MEDIAN annual gross income for this town. 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: | $80,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $20,501.53 |
The table and pie chart below represents the residential status of people living in Fort Smith who have applied for a loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 20.0% | |
| Own: | 80.0% |
The information below shows the marital status of applicants from Fort Smith, Northwest Territories using the mortgage application located at canequity.com. Over 60% of the mortgage applicants are living with someone, while only 40% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.0% | |
| Single: | 40.0% |
