Last report update for Glace Bay: Wednesday, March 17, 2010
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Glace Bay Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

Map of Glace Bay requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Applications from Glace Bay

Year Year to Year
Comparison
** National
Contribution
2009: 22.22% 0.01%
2008: 7.41% 0.01%
2007: 33.33% 0.02%
2006: 22.22% 0.01%
2005: 7.41% 0.01%
2003: 7.41% 0.01%

Note: ** Total national contribution of Glace Bay mortgages in the past is currently 0.06% with a projected target of 0.06%.

Busy Days for Mortgage Inquiries within Glace Bay

The bar graph listed below displays the busy days for mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Glace Bay, the day with the most volume, having more than 29.63% of all inquiries, is Tuesday. In comparison, Sunday's are the slowest day with only 7.41% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 29.6%
2: Wednesday: 18.5%
3: Monday: 14.8%
4: Friday: 11.1%
5: Saturday: 11.1%
6: Thursday: 7.4%
7: Sunday: 7.4%
Busy Days Report for Glace Bay Mortgages

Peak Hours for Based Mortgages within Glace Bay

Applications are received 24 hours a day via the CanEquity web site. The graph shown below represents 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
06:00 to 06:59: 3.7%
07:00 to 07:59: 11.1%
08:00 to 08:59: 7.4%
09:00 to 09:59: 3.7%
10:00 to 10:59: 7.4%
12:00 to 12:59: 3.7%
14:00 to 14:59: 3.7%
15:00 to 15:59: 7.4%
16:00 to 16:59: 3.7%
17:00 to 17:59: 22.2%
18:00 to 18:59: 11.1%
19:00 to 19:59: 7.4%
20:00 to 20:59: 7.4%
Peak Hours Graph for Mortgages in Glace Bay

Note: Only hours that have had mortgages from Glace Bay, Nova Scotia are shown.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.10%
British Columbia: 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Glace Bay Mortgages

Current City Standing within Nova Scotia


Location Contribution
002:  DARTMOUTH, NS 0.291%
003:  SYDNEY, NS 0.141%
004:  TRURO, NS 0.117%
005:  LOWER SACKVILLE, NS 0.115%
006:  YARMOUTH, NS 0.092%
007:  GLACE BAY, NS 0.063%
008:  BEDFORD, NS 0.054%
009:  AMHERST, NS 0.049%
010:  PICTOU, NS 0.047%
011:  NEW GLASGOW, NS 0.042%
012:  LIVERPOOL, NS 0.042%

Nearest Settlements


1Reserve Mines, Nova Scotia
2Dominion, Nova Scotia
3New Waterford, Nova Scotia
4Sydney, Nova Scotia
5North Sydney, Nova Scotia
6Georges River, Nova Scotia
7Baddeck, Nova Scotia
8Sydney Mines, Nova Scotia
9Northside East Bay, Nova Scotia


Product Popularity for Glace Bay


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 33.3%
Qualification: 25.9%
No Money Down: 18.5%
Refinance: 14.8%
Purchase: 3.7%
Pre-approval: 3.7%
 
Total Application Types Found: 6
 Glace Bay Mortgage Product Popularity Pie Chart

Age Demographics for Glace Bay Applicants

Average age: 37
Oldest age: 54
Youngest age: 22


Incomes for Glace Bay Applicants

The amounts below are the average income of people living in Glace Bay who have applied for a loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Glace Bay: $44,481.89
applicants within all of Canada: $58,582.39
Difference: ($14,100.50)
  
mortgage co-applicants in Glace Bay: $28,714.29
co-applicants within all of Canada: $41,225.82
Difference: ($12,511.53)

Note: Commercial Mortgage loans were not included for this section, only residential mortgages were used.

Residential Status for Glace Bay Mortgages

The information shown below represents the residential status of people living in Glace Bay who have applied for a mortgage loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 44.4%
Own: 44.4%
Live with parents: 11.1%
Glace Bay Residential Status Pie Chart

Marital Status for Glace Bay Mortgages

The following pie chart represents the marital status of applicants from Glace Bay, Nova Scotia using the mortgage application found at canequity.com. 44% of the mortgage applicants are either married or living common-law, while only 55% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 44.4%
Married: 40.7%
Divorced: 7.4%
Separated: 3.7%
Common-law: 3.7%
Glace Bay Marital Status Pie Chart