Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.00% | 0.00% |
| 2010: | 5.00% | 0.00% |
| 2009: | 5.00% | 0.00% |
| 2008: | 5.00% | 0.00% |
| 2007: | 5.00% | 0.00% |
| 2006: | 10.00% | 0.00% |
| 2005: | 5.00% | 0.00% |
| 2004: | 20.00% | 0.01% |
| 2003: | 20.00% | 0.01% |
| 2002: | 15.00% | 0.01% |
Eastern Passage mortgage applications are received 24 hours a day from our web site. The time periods below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 5.0% |
| 05:00 to 05:59: | 5.0% |
| 08:00 to 08:59: | 5.0% |
| 09:00 to 09:59: | 5.0% |
| 10:00 to 10:59: | 15.0% |
| 11:00 to 11:59: | 5.0% |
| 12:00 to 12:59: | 5.0% |
| 13:00 to 13:59: | 10.0% |
| 14:00 to 14:59: | 5.0% |
| 16:00 to 16:59: | 5.0% |
| 17:00 to 17:59: | 5.0% |
| 18:00 to 18:59: | 15.0% |
| 19:00 to 19:59: | 10.0% |
| 20:00 to 20:59: | 5.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 013: | LIVERPOOL, NS | 0.045% |
| 014: | NORTH SYDNEY, NS | 0.042% |
| 015: | NEW GLASGOW, NS | 0.040% |
| 016: | ANTIGONISH, NS | 0.040% |
| 017: | WOLFVILLE, NS | 0.038% |
| 018: | EASTERN PASSAGE, NS | 0.038% |
| 019: | NEW WATERFORD, NS | 0.036% |
| 020: | NEW MINAS, NS | 0.034% |
| 021: | CENTREVILLE, NS | 0.030% |
| 022: | SYDNEY MINES, NS | 0.028% |
| 023: | WINDSOR, NS | 0.028% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 30.0% | |
| Qualification: | 25.0% | |
| Refinance: | 20.0% | |
| Renewal: | 10.0% | |
| Purchase: | 5.0% | |
| Home Renovation: | 5.0% | |
| No Money Down: | 5.0% | |
| Total Application Types Found: 7 | ||
Average age: 33
Oldest age: 47
Youngest age: 24
The amounts shown below represent the average income of Canadians living in Eastern Passage who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Eastern Passage: | $43,887.50 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($15,610.97) |
| mortgage co-applicants in Eastern Passage: | $41,550.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($853.13) |
The following table represents the residential status of people living in Eastern Passage who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 15.0% | |
| Own: | 60.0% | |
| No Comment: | 15.0% | |
| Live with parents: | 10.0% |
The following pie chart represents the marital status of applicants from Eastern Passage, Nova Scotia using the preapproval application located at the CanEquity web site. Approximately 70% of the mortgage applicants are either married or living common-law, while only 30% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.0% | |
| Common-law: | 25.0% | |
| Single: | 20.0% | |
| Divorced: | 5.0% | |
| Separated: | 5.0% |
