Last report update for Lower Sackville: Wednesday, March 17, 2010
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Lower Sackville Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Lower Sackville

Year Year to Year
Comparison
** National
Contribution
2010: * 6.12% * 0.01%
2009: 18.37% 0.02%
2008: 24.49% 0.03%
2007: 8.16% 0.01%
2006: 12.24% 0.01%
2005: 10.20% 0.01%
2004: 2.04% 0.00%
2003: 6.12% 0.01%
2002: 12.24% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 26.53% and 0.03% respectively. ** Total national contribution of Lower Sackville mortgages in the past is currently 0.11% with a projected target of 0.14%.

Busy Days for Online Applications within Lower Sackville

The information listed below displays the busy days for mortgage inquiries that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Lower Sackville the most busy day of the week, with 24.49% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 6.12% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 24.5%
2: Tuesday: 18.4%
3: Friday: 16.3%
4: Wednesday: 16.3%
5: Thursday: 12.2%
6: Sunday: 6.1%
7: Saturday: 6.1%
Busy Days Report for Lower Sackville Mortgages

Peak Hours for Mortgage Applicants within Lower Sackville

Mortgage inquiries are received 24 hours a day from our web site. The time periods below indicates the busy hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
05:00 to 05:59: 6.1%
06:00 to 06:59: 8.2%
07:00 to 07:59: 4.1%
08:00 to 08:59: 14.3%
09:00 to 09:59: 6.1%
10:00 to 10:59: 4.1%
12:00 to 12:59: 6.1%
13:00 to 13:59: 6.1%
14:00 to 14:59: 4.1%
15:00 to 15:59: 4.1%
16:00 to 16:59: 6.1%
17:00 to 17:59: 12.2%
18:00 to 18:59: 6.1%
19:00 to 19:59: 4.1%
20:00 to 20:59: 4.1%
23:00 to 23:59: 4.1%
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: 21.10%
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%
Lower Sackville Mortgages

Current City Standing within Nova Scotia


Location Contribution
001:  HALIFAX, NS 0.406%
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%

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
8Middle Sackville, Nova Scotia
9Fall River, Nova Scotia
10Dartmouth, Nova Scotia
11Enfield, Nova Scotia
12Shubenacadie, Nova Scotia
13Elmsdale, Nova Scotia
14Stillwater Lake, Nova Scotia
15Shearwater, Nova Scotia
16Hubbards, Nova Scotia
17Lake Echo, Nova Scotia
18Porters Lake, Nova Scotia
19Cow Bay, Nova Scotia
20Eastern Passage, Nova Scotia
21Mineville, Nova Scotia
22Nine Mile River, Nova Scotia
23Williamswood, Nova Scotia
24Prospect Bay, Nova Scotia
25Stewiacke, Nova Scotia
26Sackville, Nova Scotia
27Mount Uniacke, Nova Scotia
28Head Of Chezzetcook, Nova Scotia
29Upper Tantallon, Nova Scotia
30Lantz, Nova Scotia
31Musquodoboit Harbour, Nova Scotia
32Truro, Nova Scotia
33Seabright, Nova Scotia
34Lawrencetown, Nova Scotia
35Tantallon, Nova Scotia
36Chester, Nova Scotia
37Hantsport, Nova Scotia
38Windsor, Nova Scotia
39Mahone Bay, Nova Scotia
40Ellershouse, Nova Scotia
41Wolfville, Nova Scotia


Product Popularity for Lower Sackville


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 30.6%
Qualification: 28.6%
Refinance: 18.4%
No Money Down: 12.2%
Commercial: 2.0%
Second Mortgage: 2.0%
Purchase: 2.0%
Short Term Open: 2.0%
Variable Rate: 2.0%
 
Total Application Types Found: 9
 Lower Sackville Mortgage Product Popularity Pie Chart

Age Demographics for Lower Sackville Originated Mortgages

Average age: 36
Oldest age: 52
Youngest age: 25


Incomes for Lower Sackville Originated Mortgages

The following depicts the average income of Canadians living in Lower Sackville who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Lower Sackville: $43,116.33
applicants within all of Canada: $58,582.39
Difference: ($15,466.05)
  
mortgage co-applicants in Lower Sackville: $33,894.16
co-applicants within all of Canada: $41,225.82
Difference: ($7,331.66)

Note: Commercial Mortgages were not included for this survey, only residential mortgage loan amounts were used.

Residential Status for Lower Sackville Originated Mortgages

The information below represents the residential status of people living in Lower Sackville who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 49.0%
Own: 28.6%
Other: 6.1%
No Comment: 8.2%
Live with parents: 8.2%
Lower Sackville Residential Status Pie Chart

Marital Statistics for Lower Sackville Originated Mortgages

The following pie chart represents the marital status of applicants from Lower Sackville, Nova Scotia using the online mortgage application located at canequity.com. Over 63% of the mortgage applicants are living common-law or married, while only 36% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 40.8%
Single: 28.6%
Common-law: 22.4%
Divorced: 4.1%
Separated: 4.1%
Lower Sackville Marital Status Pie Chart