Last report update for Eastern Passage: Monday, June 30, 2008
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Eastern Passage Mortgage
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Cow Bay
Dartmouth
Fall River
Halifax
Head Of Chezzetcook
Lake Echo
Lawrencetown
Musquodoboit Harbour
Porters Lake
Shearwater

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Eastern Passage Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Eastern Passage

Year Year to Year
Comparison
** National
Contribution
2008: * 6.25% * 0.00%
2007: 6.25% 0.00%
2006: 12.50% 0.01%
2005: 6.25% 0.00%
2004: 25.00% 0.01%
2003: 25.00% 0.01%
2002: 18.75% 0.01%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 6.25% and 0.00% respectively. ** Total national contribution of Eastern Passage mortgages in the past is currently 0.05% with a projected target of 0.05%.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.08%
British Columbia: 11.39%
Manitoba: 2.10%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.16%
Nova Scotia 2.80%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.59%
Prince Edward Island: 0.38%
Quebec: 3.80%
Saskatchewan: 5.56%
Yukon Territories: 0.21%
Eastern Passage Mortgages

Current City Standing within Nova Scotia


Location Contribution
004:  TRURO, NS 0.097%
005:  LOWER SACKVILLE, NS 0.097%
006:  YARMOUTH, NS 0.084%
007:  GLACE BAY, NS 0.064%
008:  BEDFORD, NS 0.052%
009:  EASTERN PASSAGE, NS 0.052%
010:  PICTOU, NS 0.048%
011:  LIVERPOOL, NS 0.042%
012:  NEW GLASGOW, NS 0.039%
013:  NEW WATERFORD, NS 0.039%
014:  AMHERST, NS 0.035%

Nearest Settlements


1Porters Lake, Nova Scotia
2Lawrencetown, Nova Scotia
3Lake Echo, Nova Scotia
4Dartmouth, Nova Scotia
5Musquodoboit Harbour, Nova Scotia
6Shearwater, Nova Scotia
7Cow Bay, Nova Scotia
8Halifax, Nova Scotia
9Fall River, Nova Scotia
10Head Of Chezzetcook, Nova Scotia
11Enfield, Nova Scotia
12Beaver Bank, Nova Scotia
13Williamswood, Nova Scotia
14Lower Sackville, Nova Scotia
15Wilmot, Nova Scotia
16Elmsdale, Nova Scotia
17Seabright, Nova Scotia
18Timberlea, Nova Scotia
19Hammonds Plains, Nova Scotia
20Wellington, Nova Scotia
21Bedford, Nova Scotia
22Tantallon, Nova Scotia
23Hubbards, Nova Scotia
24Shubenacadie, Nova Scotia
25Mahone Bay, Nova Scotia
26Stewiacke, Nova Scotia
27Sackville, Nova Scotia
28Mount Uniacke, Nova Scotia


Product Popularity for Eastern Passage


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 37.5%
Refinance: 18.8%
Qualification: 18.8%
Renewal: 6.3%
Purchase: 6.3%
No Money Down: 6.3%
Home Renovation: 6.3%
 
Total Application Types Found: 7
 Eastern Passage Mortgage Product Popularity Pie Chart

Age Demographics for Eastern Passage Mortgage Applicants

Average age: 31
Oldest age: 47
Youngest age: 24


Incomes for Eastern Passage Mortgage Applicants

The amounts below are the average income of Canadians living in Eastern Passage who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Eastern Passage: $41,075.00
applicants within all of Canada: $56,539.94
Difference: ($15,464.94)
  
mortgage co-applicants in Eastern Passage: $36,658.33
co-applicants within all of Canada: $39,480.41
Difference: ($2,822.08)

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

Residential Status for Eastern Passage Mortgages

The following depicts the residential status of people living in Eastern Passage who have applied for a mortgage using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 18.8%
Own: 50.0%
No Comment: 18.8%
Live with parents: 12.5%
Eastern Passage Residential Status Pie Chart

Marital Status for Eastern Passage Mortgages

The pie chart below represents the marital status of applicants from Eastern Passage, Nova Scotia using the mortgage application located at the CanEquity web site. In Eastern Passage, 68% of the mortgage applicants are living common-law or married, while only 31% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 25.0%
Common-law: 18.8%
Divorced: 6.3%
Eastern Passage Marital Status Pie Chart