Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Berwick: Wednesday, February 8, 2012   
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New Minas
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Wilmot Station

Berwick Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Berwick

Year Year to Year
Comparison
** National
Contribution
2011: 20.00% 0.00%
2010: 30.00% 0.01%
2009: 20.00% 0.00%
2008: 10.00% 0.00%
2004: 20.00% 0.00%

Note: ** Total national contribution of Berwick mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Nova Scotia


Location Contribution
025:  TIMBERLEA, NS 0.025%
026:  STELLARTON, NS 0.023%
027:  GREENWOOD, NS 0.023%
028:  DIGBY, NS 0.021%
029:  HAMMONDS PLAINS, NS 0.019%
030:  BERWICK, NS 0.019%
031:  SHELBURNE, NS 0.019%
032:  HUBBARDS, NS 0.017%
033:  WESTVILLE, NS 0.017%
034:  MIDDLETON, NS 0.017%
035:  KINGSTON, NS 0.015%

Nearest Settlements


1Millville, Nova Scotia
2Aylesford, Nova Scotia
3Kingston, Nova Scotia
4Kentville, Nova Scotia
5Greenwood, Nova Scotia
6Centreville, Nova Scotia
7Newport, Nova Scotia
8New Minas, Nova Scotia
9Wilmot Station, Nova Scotia
10Middleton, Nova Scotia
11Port Williams, Nova Scotia
12Canning, Nova Scotia
13Falmouth, Nova Scotia
14Windsor, Nova Scotia
15Ellershouse, Nova Scotia
16Wolfville, Nova Scotia
17Parrsboro, Nova Scotia
18Hantsport, Nova Scotia
19Granville Ferry, Nova Scotia
20Chester, Nova Scotia
21Debert, Nova Scotia
22Lantz, Nova Scotia
23Annapolis Royal, Nova Scotia
24Truro, Nova Scotia


Product Popularity for Berwick


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 30.0%
Purchase: 20.0%
No Money Down: 20.0%
Renewal: 10.0%
Refinance: 10.0%
Qualification: 10.0%
 
Total Application Types Found: 6
 Berwick Mortgage Product Popularity Pie Chart

Age Demographics for Berwick Mortgage Applicants

Average age: 40
Oldest age: 56
Youngest age: 32


Incomes for Berwick Mortgage Applicants

The figures below represent the average income of applicants living in Berwick who have applied for a loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Berwick: $42,102.00
applicants within all of Canada: $59,498.47
Difference: ($17,396.47)
  
mortgage co-applicants in Berwick: $30,725.00
co-applicants within all of Canada: $42,403.13
Difference: ($11,678.13)

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

Residential Status for Berwick Originated Mortgages

The information below represents the residential status of people living in Berwick who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 40.0%
Other: 10.0%
Berwick Residential Status Pie Chart

Marital Stats for Berwick Originated Mortgages

The information below shows the marital status of applicants from Berwick, Nova Scotia using the preapproval application found on the CanEquity Mortgage web site. Approximately 80% of the mortgage applicants are living common-law or married, while only 20% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 50.0%
Married: 30.0%
Separated: 10.0%
Single: 10.0%
Berwick Marital Status Pie Chart