Last report update for Bridgewater: Wednesday, March 10, 2010
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Tantallon
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Williamswood


Bridgewater Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Bridgewater

Year Year to Year
Comparison
** National
Contribution
2010: * 6.25% * 0.00%
2009: 31.25% 0.01%
2008: 18.75% 0.01%
2006: 18.75% 0.01%
2005: 6.25% 0.00%
2004: 12.50% 0.01%
2002: 6.25% 0.00%

Note: * These values are the percentages up to Wednesday, March 10, 2010. Estimated volume targets for the entire 2010 year are 25.00% and 0.01% respectively. ** Total national contribution of Bridgewater mortgages in the past is currently 0.04% with a projected target of 0.04%.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia: 10.88%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia 2.88%
Northwest Territories: 0.31%
Nunavut: 0.08%
Ontario: 48.85%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
Bridgewater Mortgages

Current City Standing within Nova Scotia


Location Contribution
010:  PICTOU, NS 0.047%
011:  NEW GLASGOW, NS 0.042%
012:  LIVERPOOL, NS 0.042%
013:  NEW WATERFORD, NS 0.040%
014:  EASTERN PASSAGE, NS 0.040%
015:  BRIDGEWATER, NS 0.038%
016:  NEW MINAS, NS 0.035%
017:  WOLFVILLE, NS 0.035%
018:  KENTVILLE, NS 0.033%
019:  ANTIGONISH, NS 0.031%
020:  NORTH SYDNEY, NS 0.028%

Nearest Settlements


1Mahone Bay, Nova Scotia
2Lunenburg, Nova Scotia
3Riverport, Nova Scotia
4Tantallon, Nova Scotia
5Upper Tantallon, Nova Scotia
6Seabright, Nova Scotia
7Chester, Nova Scotia
8Prospect Bay, Nova Scotia
9Williamswood, Nova Scotia
10Milton, Nova Scotia
11Shearwater, Nova Scotia
12Hubbards, Nova Scotia
13Cow Bay, Nova Scotia
14Liverpool, Nova Scotia
15Timberlea, Nova Scotia
16Halifax, Nova Scotia
17Greenwood, Nova Scotia


Product Popularity for Bridgewater


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 37.5%
Refinance: 25.0%
No Money Down: 25.0%
Equity Mortgage: 6.3%
First-time Buyer: 6.3%
 
Total Application Types Found: 5
 Bridgewater Mortgage Product Popularity Pie Chart

Age Demographics for Bridgewater Originated Mortgages

Average age: 35
Oldest age: 55
Youngest age: 22


Incomes for Bridgewater Originated Mortgages

The following depicts the average income of Canadians living in Bridgewater who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Bridgewater: $43,263.31
applicants within all of Canada: $58,582.76
Difference: ($15,319.45)
  

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

Residential Status for Bridgewater Mortgage Applicants

The table and pie chart below represents the residential status of people living in Bridgewater who have applied for a home loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 50.0%
Bridgewater Residential Status Pie Chart

Marital Stats for Bridgewater Mortgage Applicants

The following information represents the marital status of applicants from Bridgewater, Nova Scotia using the preapproval application found on the CanEquity Mortgage web site. 56% of the mortgage applicants are living common-law or married, while only 43% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 56.3%
Separated: 18.8%
Single: 18.8%
Divorced: 6.3%
Bridgewater Marital Status Pie Chart