Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.11% | 0.00% |
| 2010: | 11.11% | 0.00% |
| 2009: | 16.67% | 0.01% |
| 2008: | 5.56% | 0.00% |
| 2007: | 5.56% | 0.00% |
| 2006: | 11.11% | 0.00% |
| 2005: | 16.67% | 0.01% |
| 2004: | 11.11% | 0.00% |
| 2003: | 11.11% | 0.00% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 015: | NEW GLASGOW, NS | 0.040% |
| 016: | ANTIGONISH, NS | 0.040% |
| 017: | WOLFVILLE, NS | 0.038% |
| 018: | EASTERN PASSAGE, NS | 0.038% |
| 019: | NEW WATERFORD, NS | 0.036% |
| 020: | NEW MINAS, NS | 0.034% |
| 021: | CENTREVILLE, NS | 0.030% |
| 022: | SYDNEY MINES, NS | 0.028% |
| 023: | WINDSOR, NS | 0.028% |
| 024: | SHEARWATER, NS | 0.025% |
| 025: | TIMBERLEA, NS | 0.025% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 44.4% | |
| No Money Down: | 22.2% | |
| Refinance: | 11.1% | |
| Qualification: | 11.1% | |
| Purchase: | 5.6% | |
| Commercial: | 5.6% | |
| Total Application Types Found: 6 | ||
Average age: 34
Oldest age: 64
Youngest age: 21
The figures below represent the average income of Canadians living in New Minas who have applied for a home loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in New Minas: | $42,581.67 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($16,916.80) |
| mortgage co-applicants in New Minas: | $22,128.57 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($20,274.56) |
The following table represents the residential status of people living in New Minas who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 72.2% | |
| Own: | 22.2% | |
| Other: | 5.6% |
The pie chart below represents the marital status of applicants from New Minas, Nova Scotia using the mortgage application found at canequity.com. 55% of the mortgage applicants are either married or living common-law, while only 44% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Common-law: | 44.4% | |
| Single: | 27.8% | |
| Divorced: | 11.1% | |
| Married: | 11.1% | |
| Separated: | 5.6% |
