Bedford Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.35% | * 0.00% |
| 2009: | 17.39% | 0.01% |
| 2008: | 17.39% | 0.01% |
| 2007: | 13.04% | 0.01% |
| 2006: | 4.35% | 0.00% |
| 2005: | 8.70% | 0.01% |
| 2004: | 8.70% | 0.01% |
| 2003: | 13.04% | 0.01% |
| 2002: | 13.04% | 0.01% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below indicates the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 13.0% |
| 08:00 to 08:59: | 8.7% |
| 10:00 to 10:59: | 8.7% |
| 11:00 to 11:59: | 4.3% |
| 12:00 to 12:59: | 8.7% |
| 13:00 to 13:59: | 8.7% |
| 14:00 to 14:59: | 13.0% |
| 16:00 to 16:59: | 13.0% |
| 17:00 to 17:59: | 8.7% |
| 18:00 to 18:59: | 4.3% |
| 20:00 to 20:59: | 4.3% |
| 21:00 to 21:59: | 4.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 003: | SYDNEY, NS | 0.139% |
| 004: | TRURO, NS | 0.118% |
| 005: | LOWER SACKVILLE, NS | 0.113% |
| 006: | YARMOUTH, NS | 0.087% |
| 007: | GLACE BAY, NS | 0.064% |
| 008: | BEDFORD, NS | 0.054% |
| 009: | AMHERST, NS | 0.049% |
| 010: | PICTOU, NS | 0.047% |
| 011: | NEW GLASGOW, NS | 0.042% |
| 012: | LIVERPOOL, NS | 0.042% |
| 013: | NEW WATERFORD, NS | 0.040% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 26.1% | |
| Qualification: | 17.4% | |
| No Money Down: | 17.4% | |
| Refinance: | 13.0% | |
| First-time Buyer: | 8.7% | |
| Pre-approval: | 4.3% | |
| Commercial: | 4.3% | |
| Purchase: | 4.3% | |
| Equity Mortgage: | 4.3% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 60
Youngest age: 25
The following figures show the average income of Canadians living in Bedford who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bedford: | $85,499.00 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $26,917.76 |
| mortgage co-applicants in Bedford: | $39,281.44 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | ($1,928.12) |
Since the average income of Bedford is notability higher than the national average, we have included the MEDIAN annual gross income for this location. 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 Bedford: | $63,500.00 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $4,918.76 |
The chart and pie-graph below depicts the residential status of people living in Bedford who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 52.2% | |
| Own: | 43.5% | |
| No Comment: | 4.3% |
The pie chart below represents the marital status of applicants from Bedford, Nova Scotia using the online mortgage application located at the CanEquity web site. In Bedford, approximately 56% of the mortgage applicants are living with someone, while only 39% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 52.2% | |
| Single: | 34.8% | |
| Divorced: | 4.3% | |
| Common-law: | 4.3% | |
| Widowed: | 4.3% |
