Bedford Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | 22.22% | 0.01% |
| 2007: | 16.67% | 0.01% |
| 2006: | 5.56% | 0.00% |
| 2005: | 11.11% | 0.01% |
| 2004: | 11.11% | 0.01% |
| 2003: | 16.67% | 0.01% |
| 2002: | 16.67% | 0.01% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.30% |
| British Columbia: | 10.97% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.03% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 49.00% |
| Prince Edward Island: | 0.40% |
| Quebec: | 3.87% |
| Saskatchewan: | 5.19% |
| Yukon Territories: | 0.22% |
| Location | Contribution | |
|---|---|---|
| 003: | SYDNEY, NS | 0.138% |
| 004: | LOWER SACKVILLE, NS | 0.109% |
| 005: | TRURO, NS | 0.101% |
| 006: | YARMOUTH, NS | 0.090% |
| 007: | GLACE BAY, NS | 0.061% |
| 008: | BEDFORD, NS | 0.048% |
| 009: | LIVERPOOL, NS | 0.048% |
| 010: | PICTOU, NS | 0.045% |
| 011: | EASTERN PASSAGE, NS | 0.045% |
| 012: | NEW WATERFORD, NS | 0.040% |
| 013: | NEW GLASGOW, NS | 0.037% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 33.3% | |
| Qualification: | 22.2% | |
| No Money Down: | 16.7% | |
| Refinance: | 11.1% | |
| Equity Mortgage: | 5.6% | |
| Purchase: | 5.6% | |
| Commercial: | 5.6% | |
| Total Application Types Found: 7 | ||
Average age: 37
Oldest age: 59
Youngest age: 25
The following depicts the average income of Canadians living in Bedford who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bedford: | $99,189.80 |
| applicants within all of Canada: | $57,859.84 |
| Difference: | $41,329.96 |
| mortgage co-applicants in Bedford: | $39,281.44 |
| co-applicants within all of Canada: | $40,716.04 |
| Difference: | ($1,434.60) |
Since the average income of Bedford is much higher than the Canadian 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 Bedford: | $70,012.00 |
| applicants within all of Canada: | $57,859.84 |
| Difference: | $12,152.16 |
The following depicts the residential status of people living in Bedford who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 38.9% | |
| Own: | 55.6% | |
| No Comment: | 5.6% |
The following pie chart represents the marital status of applicants from Bedford, Nova Scotia using the mortgage application found on canequity.com. Approximately 66% of the mortgage applicants are either married or living common-law, while only 27% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 61.1% | |
| Single: | 27.8% | |
| Common-law: | 5.6% | |
| Widowed: | 5.6% |
