Glace Bay Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 5.00% | * 0.00% |
| 2007: | 45.00% | 0.03% |
| 2006: | 30.00% | 0.02% |
| 2005: | 10.00% | 0.01% |
| 2003: | 10.00% | 0.01% |
In Glace Bay, mortgages are received 24 hours a day on our web site. The information shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 15.0% of all mortgages are received during the morning, while 55.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 5.0% |
| 07:00 to 07:59: | 15.0% |
| 08:00 to 08:59: | 10.0% |
| 09:00 to 09:59: | 5.0% |
| 10:00 to 10:59: | 10.0% |
| 12:00 to 12:59: | 5.0% |
| 14:00 to 14:59: | 5.0% |
| 16:00 to 16:59: | 5.0% |
| 17:00 to 17:59: | 20.0% |
| 18:00 to 18:59: | 5.0% |
| 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: | 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% |
| Location | Contribution | |
|---|---|---|
| 002: | DARTMOUTH, NS | 0.309% |
| 003: | SYDNEY, NS | 0.148% |
| 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% |
| 1 | Reserve Mines, Nova Scotia |
| 2 | Dominion, Nova Scotia |
| 3 | New Waterford, Nova Scotia |
| 4 | Sydney, Nova Scotia |
| 5 | North Sydney, Nova Scotia |
| 6 | Georges River, Nova Scotia |
| 7 | Baddeck, Nova Scotia |
| 8 | Sydney Mines, Nova Scotia |
| 9 | Northside East Bay, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 30.0% | |
| First-time Buyer: | 30.0% | |
| No Money Down: | 20.0% | |
| Refinance: | 15.0% | |
| Purchase: | 5.0% | |
| Total Application Types Found: 5 | ||
Average age: 37
Oldest age: 51
Youngest age: 26
The numbers below represent the average income of applicants living in Glace Bay who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Glace Bay: | $42,220.55 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | ($14,319.39) |
| mortgage co-applicants in Glace Bay: | $31,600.00 |
| co-applicants within all of Canada: | $39,480.41 |
| Difference: | ($7,880.41) |
The table and pie chart below represents the residential status of people living in Glace Bay who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.0% | |
| Own: | 50.0% | |
| Live with parents: | 10.0% |
The following table and pie chart represents the marital status of applicants from Glace Bay, Nova Scotia using the preapproval application located at canequity.com. Approximately 45% of the mortgage applicants are living with someone, while only 55% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 45.0% | |
| Married: | 40.0% | |
| Divorced: | 5.0% | |
| Separated: | 5.0% | |
| Common-law: | 5.0% |
