Last report update for New Minas: Monday, June 30, 2008
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New Minas Mortgage
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Related Links:
Berwick
Centreville
Ellershouse
Falmouth
Hantsport
Kentville
Newport
Port Williams
Windsor
Wolfville

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New Minas Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from New Minas

Year Year to Year
Comparison
** National
Contribution
2007: 10.00% 0.00%
2006: 20.00% 0.01%
2005: 30.00% 0.01%
2004: 20.00% 0.01%
2003: 20.00% 0.01%

Note: ** Total national contribution of New Minas mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Nova Scotia


Location Contribution
010:  PICTOU, NS 0.048%
011:  LIVERPOOL, NS 0.042%
012:  NEW GLASGOW, NS 0.039%
013:  NEW WATERFORD, NS 0.039%
014:  AMHERST, NS 0.035%
015:  NEW MINAS, NS 0.032%
016:  BRIDGEWATER, NS 0.032%
017:  ANTIGONISH, NS 0.029%
018:  MIDDLETON, NS 0.029%
019:  KENTVILLE, NS 0.029%
020:  HAMMONDS PLAINS, 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
14Chester, Nova Scotia
15Middleton, Nova Scotia
16Parrsboro, Nova Scotia
17Stewiacke, Nova Scotia
18Mount Uniacke, Nova Scotia
19Sackville, Nova Scotia
20Truro, Nova Scotia
21Debert, Nova Scotia
22Wilmot Station, Nova Scotia
23Mahone Bay, Nova Scotia
24Shubenacadie, Nova Scotia
25Tantallon, Nova Scotia
26Granville Ferry, Nova Scotia
27Hubbards, Nova Scotia


Product Popularity for New Minas


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 30.0%
Refinance: 20.0%
Qualification: 20.0%
No Money Down: 20.0%
Commercial: 10.0%
 
Total Application Types Found: 5
 New Minas Mortgage Product Popularity Pie Chart

Age Demographics for New Minas Mortgage Applicants

Average age: 37
Oldest age: 64
Youngest age: 23


Incomes for New Minas Mortgage Applicants

The following depicts the average income of people living in New Minas who have applied for a home loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in New Minas: $42,720.00
applicants within all of Canada: $56,539.94
Difference: ($13,819.94)
  
mortgage co-applicants in New Minas: $20,580.00
co-applicants within all of Canada: $39,480.41
Difference: ($18,900.41)

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

Residential Status for New Minas Mortgages

The chart and pie-graph below depicts the residential status of people living in New Minas who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 70.0%
Own: 30.0%
New Minas Residential Status Pie Chart

Marital Stats for New Minas Mortgages

The pie chart below represents the marital status of applicants from New Minas, Nova Scotia using the preapproval application found on canequity.com. In New Minas, over 60% of the mortgage applicants are living together with someone, while only 40% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 50.0%
Single: 20.0%
Divorced: 10.0%
Separated: 10.0%
Married: 10.0%
New Minas Marital Status Pie Chart