Hubbards Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 25.00% | 0.01% |
| 2008: | 25.00% | 0.01% |
| 2007: | 12.50% | 0.00% |
| 2006: | 12.50% | 0.00% |
| 2003: | 12.50% | 0.00% |
| 2002: | 12.50% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 024: | WINDSOR, NS | 0.023% |
| 025: | STELLARTON, NS | 0.021% |
| 026: | MIDDLETON, NS | 0.021% |
| 027: | SYDNEY MINES, NS | 0.019% |
| 028: | HAMMONDS PLAINS, NS | 0.019% |
| 029: | HUBBARDS, NS | 0.019% |
| 030: | SHELBURNE, NS | 0.019% |
| 031: | SHEARWATER, NS | 0.019% |
| 032: | KINGSTON, NS | 0.016% |
| 033: | LAWRENCETOWN, NS | 0.016% |
| 034: | WESTVILLE, NS | 0.016% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 37.5% | |
| First-time Buyer: | 37.5% | |
| Equity Mortgage: | 12.5% | |
| No Money Down: | 12.5% | |
| Total Application Types Found: 4 | ||
Average age: 37
Oldest age: 54
Youngest age: 26
The following depicts the average income of people living in Hubbards who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Hubbards: | $83,857.14 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | $25,264.74 |
Since the average income of Hubbards is much higher than our Canadian national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Hubbards: | $51,000.00 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($7,592.40) |
The table and pie chart below represents the residential status of people living in Hubbards who have submitted an inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.5% | |
| Own: | 50.0% | |
| No Comment: | 12.5% |
The information below shows the marital status of applicants from Hubbards, Nova Scotia using the preapproval application found at canequity.com. Over 75% of the mortgage applicants are living together with someone, while only 25% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 62.5% | |
| Divorced: | 12.5% | |
| Common-law: | 12.5% | |
| Single: | 12.5% |
