Last report update for Bedford: Monday, June 30, 2008
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Bedford Mortgage
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Bedford Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Bedford

Year Year to Year
Comparison
** National
Contribution
2008: * 12.50% * 0.01%
2007: 18.75% 0.01%
2006: 6.25% 0.00%
2005: 12.50% 0.01%
2004: 12.50% 0.01%
2003: 18.75% 0.01%
2002: 18.75% 0.01%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 18.75% and 0.01% respectively. ** Total national contribution of Bedford mortgages in the past is currently 0.05% with a projected target of 0.05%.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.08%
British Columbia: 11.39%
Manitoba: 2.10%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.16%
Nova Scotia 2.80%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.59%
Prince Edward Island: 0.38%
Quebec: 3.80%
Saskatchewan: 5.56%
Yukon Territories: 0.21%
Bedford Mortgages

Current City Standing within Nova Scotia


Location Contribution
003:  SYDNEY, NS 0.148%
004:  TRURO, NS 0.097%
005:  LOWER SACKVILLE, NS 0.097%
006:  YARMOUTH, NS 0.084%
007:  GLACE BAY, NS 0.064%
008:  BEDFORD, NS 0.052%
009:  EASTERN PASSAGE, NS 0.052%
010:  PICTOU, NS 0.048%
011:  LIVERPOOL, NS 0.042%
012:  NEW GLASGOW, NS 0.039%
013:  NEW WATERFORD, NS 0.039%

Nearest Settlements


1Hammonds Plains, Nova Scotia
2Wellington, Nova Scotia
3Beaver Bank, Nova Scotia
4Lower Sackville, Nova Scotia
5Wilmot, Nova Scotia
6Halifax, Nova Scotia
7Timberlea, Nova Scotia
8Shubenacadie, Nova Scotia
9Fall River, Nova Scotia
10Enfield, Nova Scotia
11Dartmouth, Nova Scotia
12Elmsdale, Nova Scotia
13Shearwater, Nova Scotia
14Hubbards, Nova Scotia
15Stewiacke, Nova Scotia
16Cow Bay, Nova Scotia
17Mount Uniacke, Nova Scotia
18Sackville, Nova Scotia
19Lantz, Nova Scotia
20Williamswood, Nova Scotia
21Lake Echo, Nova Scotia
22Truro, Nova Scotia
23Porters Lake, Nova Scotia
24Eastern Passage, Nova Scotia
25Seabright, Nova Scotia
26Chester, Nova Scotia
27Head Of Chezzetcook, Nova Scotia
28Musquodoboit Harbour, Nova Scotia
29Tantallon, Nova Scotia
30Hantsport, Nova Scotia
31Lawrencetown, Nova Scotia
32Windsor, Nova Scotia
33Ellershouse, Nova Scotia
34Wolfville, Nova Scotia
35Port Williams, Nova Scotia
36Mahone Bay, Nova Scotia
37Falmouth, Nova Scotia
38Debert, Nova Scotia


Product Popularity for Bedford


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 31.3%
Qualification: 25.0%
Refinance: 12.5%
No Money Down: 12.5%
Equity Mortgage: 6.3%
Purchase: 6.3%
Commercial: 6.3%
 
Total Application Types Found: 7
 Bedford Mortgage Product Popularity Pie Chart

Age Demographics for Bedford Applicants

Average age: 38
Oldest age: 59
Youngest age: 28


Incomes for Bedford Applicants

The following figures show the average income of Canadians living in Bedford who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Bedford: $71,372.85
applicants within all of Canada: $56,539.94
Difference: $14,832.90
  
mortgage co-applicants in Bedford: $38,337.50
co-applicants within all of Canada: $39,480.41
Difference: ($1,142.91)

Note: Commercial loans were not included for this report, only residential mortgage loan amounts from Bedford, Nova Scotia were used.

Residential Status for Bedford Mortgage Applicants

The table and pie chart below represents the residential status of people living in Bedford who have applied for a home loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 37.5%
Own: 56.3%
No Comment: 6.3%
Bedford Residential Status Pie Chart

Marital Statistics for Bedford Mortgage Applicants

The information below shows the marital status of applicants from Bedford, Nova Scotia using the mortgage preapproval application found at the CanEquity web site. In Bedford, approximately 62% of the mortgage applicants are either married or living common-law, while only 31% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 56.3%
Single: 31.3%
Common-law: 6.3%
Widowed: 6.3%
Bedford Marital Status Pie Chart