Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 5.26% | 0.00% |
| 2010: | 10.53% | 0.00% |
| 2009: | 15.79% | 0.01% |
| 2008: | 10.53% | 0.00% |
| 2007: | 5.26% | 0.00% |
| 2006: | 15.79% | 0.01% |
| 2005: | 10.53% | 0.00% |
| 2003: | 15.79% | 0.01% |
| 2002: | 10.53% | 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 | |
|---|---|---|
| 014: | NORTH SYDNEY, NS | 0.042% |
| 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% |
| 1 | Dominion, Nova Scotia |
| 2 | Reserve Mines, Nova Scotia |
| 3 | North Sydney, Nova Scotia |
| 4 | Glace Bay, Nova Scotia |
| 5 | Sydney, Nova Scotia |
| 6 | Georges River, Nova Scotia |
| 7 | Baddeck, Nova Scotia |
| 8 | Sydney Mines, Nova Scotia |
| 9 | Northside East Bay, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 31.6% | |
| First-time Buyer: | 21.1% | |
| Qualification: | 15.8% | |
| No Money Down: | 15.8% | |
| Renewal: | 5.3% | |
| Purchase: | 5.3% | |
| Commercial: | 5.3% | |
| Total Application Types Found: 7 | ||
Average age: 35
Oldest age: 58
Youngest age: 22
The following figures show the average income of applicants living in New Waterford who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in New Waterford: | $32,347.83 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($27,150.63) |
| mortgage co-applicants in New Waterford: | $26,922.29 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($15,480.84) |
The information below represents the residential status of people living in New Waterford who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.8% | |
| Own: | 52.6% | |
| No Comment: | 5.3% | |
| Live with parents: | 5.3% |
The following pie chart represents the marital status of applicants from New Waterford, Nova Scotia using the preapproval application located at canequity.com. Approximately 42% of the mortgage applicants are living together with someone, while only 47% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 31.6% | |
| Common-law: | 21.1% | |
| Married: | 21.1% | |
| Separated: | 10.5% | |
| Widowed: | 10.5% | |
| Divorced: | 5.3% |
