Last report update for Lower Sackville: Monday, June 30, 2008
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Lower Sackville Mortgage
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Beaver Bank
Bedford
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Enfield
Fall River
Halifax
Hammonds Plains
Timberlea
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Lower Sackville Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Lower Sackville

Year Year to Year
Comparison
** National
Contribution
2008: * 16.67% * 0.02%
2007: 13.33% 0.01%
2006: 20.00% 0.02%
2005: 16.67% 0.02%
2004: 3.33% 0.00%
2003: 10.00% 0.01%
2002: 20.00% 0.02%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 30.00% and 0.03% respectively. ** Total national contribution of Lower Sackville mortgages in the past is currently 0.10% with a projected target of 0.11%.

Busy Days for Mortgages within Lower Sackville

The bar graph below shows the busy days for Internet applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Lower Sackville the busiest day, with approximately 26.67% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 6.67% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 26.7%
2: Tuesday: 16.7%
3: Wednesday: 16.7%
4: Thursday: 13.3%
5: Friday: 10.0%
6: Sunday: 10.0%
7: Saturday: 6.7%
Busy Days Report for Lower Sackville Mortgages

Peak Hours for Mortgage Applicants within Lower Sackville

In Lower Sackville, applications are received 24 hours a day from the CanEquity web site. The graph shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 3.3% of all mortgages are received before noon, while 60.0% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
05:00 to 05:59: 10.0%
06:00 to 06:59: 13.3%
07:00 to 07:59: 6.7%
08:00 to 08:59: 6.7%
10:00 to 10:59: 3.3%
12:00 to 12:59: 10.0%
13:00 to 13:59: 3.3%
14:00 to 14:59: 3.3%
16:00 to 16:59: 6.7%
17:00 to 17:59: 10.0%
18:00 to 18:59: 10.0%
19:00 to 19:59: 6.7%
20:00 to 20:59: 6.7%
23:00 to 23:59: 3.3%
Peak Hours Graph for Mortgages in Lower Sackville

Note: Only hours that have had mortgages from Lower Sackville, Nova Scotia are shown.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.08%
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%
Lower Sackville Mortgages

Current City Standing within Nova Scotia


Location Contribution
001:  HALIFAX, NS 0.406%
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%

Nearest Settlements


1Wilmot, Nova Scotia
2Hammonds Plains, Nova Scotia
3Wellington, Nova Scotia
4Bedford, Nova Scotia
5Beaver Bank, Nova Scotia
6Halifax, Nova Scotia
7Timberlea, Nova Scotia
8Fall River, Nova Scotia
9Dartmouth, Nova Scotia
10Enfield, Nova Scotia
11Shubenacadie, Nova Scotia
12Elmsdale, Nova Scotia
13Shearwater, Nova Scotia
14Hubbards, Nova Scotia
15Lake Echo, Nova Scotia
16Porters Lake, Nova Scotia
17Cow Bay, Nova Scotia
18Eastern Passage, Nova Scotia
19Williamswood, Nova Scotia
20Stewiacke, Nova Scotia
21Mount Uniacke, Nova Scotia
22Sackville, Nova Scotia
23Head Of Chezzetcook, Nova Scotia
24Lantz, Nova Scotia
25Musquodoboit Harbour, Nova Scotia
26Truro, Nova Scotia
27Seabright, Nova Scotia
28Lawrencetown, Nova Scotia
29Tantallon, Nova Scotia
30Chester, Nova Scotia
31Hantsport, Nova Scotia
32Windsor, Nova Scotia
33Mahone Bay, Nova Scotia
34Ellershouse, Nova Scotia
35Wolfville, Nova Scotia


Product Popularity for Lower Sackville


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 36.7%
Refinance: 23.3%
First-time Buyer: 23.3%
No Money Down: 6.7%
Short Term Open: 3.3%
Commercial: 3.3%
Variable Rate: 3.3%
 
Total Application Types Found: 7
 Lower Sackville Mortgage Product Popularity Pie Chart

Age Demographics for Lower Sackville Originated Mortgages

Average age: 38
Oldest age: 52
Youngest age: 25


Incomes for Lower Sackville Originated Mortgages

The numbers below represent the average income of Canadians living in Lower Sackville who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Lower Sackville: $41,725.59
applicants within all of Canada: $56,539.94
Difference: ($14,814.36)
  
mortgage co-applicants in Lower Sackville: $23,635.36
co-applicants within all of Canada: $39,480.41
Difference: ($15,845.05)

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loan amounts were used.

Residential Status for Lower Sackville Mortgages

The following depicts the residential status of people living in Lower Sackville who have submitted an inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 36.7%
Own: 33.3%
Other: 6.7%
No Comment: 13.3%
Live with parents: 10.0%
Lower Sackville Residential Status Pie Chart

Marital Statistics for Lower Sackville Mortgages

The pie chart below represents the marital status of applicants from Lower Sackville, Nova Scotia using the mortgage preapproval application found on the CanEquity Mortgage web site. 56% of the mortgage applicants are living with someone, while only 43% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 43.3%
Single: 30.0%
Common-law: 13.3%
Divorced: 6.7%
Separated: 6.7%
Lower Sackville Marital Status Pie Chart