Last report update for New Minas: Sunday, March 21, 2010
Canada Mortgages
New Minas Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Berwick
Centreville
Ellershouse
Falmouth
Hantsport
Kentville
Newport
Port Williams
Windsor
Wolfville


New Minas Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

Map of New Minas requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Applications from New Minas

Year Year to Year
Comparison
** National
Contribution
2010: * 6.67% * 0.00%
2009: 20.00% 0.01%
2008: 6.67% 0.00%
2007: 6.67% 0.00%
2006: 13.33% 0.01%
2005: 20.00% 0.01%
2004: 13.33% 0.01%
2003: 13.33% 0.01%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 26.67% and 0.01% respectively. ** Total national contribution of New Minas mortgages in the past is currently 0.04% with a projected target of 0.04%.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia: 10.86%
Manitoba: 2.09%
New Brunswick: 2.11%
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: 4.15%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
New Minas Mortgages

Current City Standing within Nova Scotia


Location Contribution
011:  NEW GLASGOW, NS 0.042%
012:  LIVERPOOL, NS 0.042%
013:  NEW WATERFORD, NS 0.040%
014:  EASTERN PASSAGE, NS 0.040%
015:  BRIDGEWATER, NS 0.037%
016:  NEW MINAS, NS 0.035%
017:  WOLFVILLE, NS 0.035%
018:  KENTVILLE, NS 0.033%
019:  ANTIGONISH, NS 0.030%
020:  NORTH SYDNEY, NS 0.030%
021:  GREENWOOD, NS 0.026%

Nearest Settlements


1Windsor, Nova Scotia
2Newport, Nova Scotia
3Ellershouse, Nova Scotia
4Centreville, Nova Scotia
5Kentville, Nova Scotia
6Port Williams, Nova Scotia
7Falmouth, Nova Scotia
8Hantsport, Nova Scotia
9Wolfville, Nova Scotia
10Berwick, Nova Scotia
11Greenwood, Nova Scotia
12Canning, Nova Scotia
13Lantz, Nova Scotia
14Millville, Nova Scotia
15Chester, Nova Scotia
16Kingston, Nova Scotia
17Aylesford, Nova Scotia
18Middleton, Nova Scotia
19Parrsboro, Nova Scotia
20Stewiacke, Nova Scotia
21Mount Uniacke, Nova Scotia
22Sackville, Nova Scotia
23Truro, Nova Scotia
24Stillwater Lake, Nova Scotia
25Debert, Nova Scotia
26Wilmot Station, Nova Scotia
27Mahone Bay, Nova Scotia
28Shubenacadie, Nova Scotia
29Upper Tantallon, Nova Scotia
30Tantallon, Nova Scotia
31Granville Ferry, Nova Scotia
32Hubbards, Nova Scotia
33Middle Sackville, Nova Scotia


Product Popularity for New Minas


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 46.7%
No Money Down: 20.0%
Refinance: 13.3%
Qualification: 13.3%
Commercial: 6.7%
 
Total Application Types Found: 5
 New Minas Mortgage Product Popularity Pie Chart

Age Demographics for New Minas Mortgage Applicants

Average age: 34
Oldest age: 64
Youngest age: 21


Incomes for New Minas Mortgage Applicants

The following figures show the average income of people living in New Minas who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in New Minas: $44,420.27
applicants within all of Canada: $58,592.40
Difference: ($14,172.14)
  
mortgage co-applicants in New Minas: $21,316.67
co-applicants within all of Canada: $41,278.89
Difference: ($19,962.23)

Note: Commercial Mortgages were not included for this report, only residential loans amounts from New Minas, Nova Scotia were used.

Residential Status for New Minas Mortgages

The information shown below represents the residential status of people living in New Minas who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 80.0%
Own: 20.0%
New Minas Residential Status Pie Chart

Marital Status for New Minas Mortgages

The following information represents the marital status of applicants from New Minas, Nova Scotia using the preapproval application found on the CanEquity Mortgage web site. Over 60% of the mortgage applicants are either married or living common-law, while only 40% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 46.7%
Single: 26.7%
Married: 13.3%
Divorced: 6.7%
Separated: 6.7%
New Minas Marital Status Pie Chart