Last report update for New Waterford: Sunday, March 14, 2010
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New Waterford Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from New Waterford

Year Year to Year
Comparison
** National
Contribution
2010: * 5.88% * 0.00%
2009: 17.65% 0.01%
2008: 11.77% 0.01%
2007: 5.88% 0.00%
2006: 17.65% 0.01%
2005: 11.77% 0.01%
2003: 17.65% 0.01%
2002: 11.77% 0.01%

Note: * These values are the percentages up to Sunday, March 14, 2010. Estimated volume targets for the entire 2010 year are 23.53% and 0.01% respectively. ** Total national contribution of New Waterford mortgages in the past is currently 0.04% with a projected target of 0.05%.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia: 10.88%
Manitoba: 2.10%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia 2.90%
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%
New Waterford Mortgages

Current City Standing within Nova Scotia


Location Contribution
008:  BEDFORD, NS 0.054%
009:  AMHERST, NS 0.049%
010:  PICTOU, NS 0.047%
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 0.038%
016:  NEW MINAS, NS 0.035%
017:  WOLFVILLE, NS 0.035%
018:  KENTVILLE, NS 0.033%

Nearest Settlements


1Dominion, Nova Scotia
2Reserve Mines, Nova Scotia
3North Sydney, Nova Scotia
4Glace Bay, Nova Scotia
5Sydney, Nova Scotia
6Georges River, Nova Scotia
7Baddeck, Nova Scotia
8Sydney Mines, Nova Scotia
9Northside East Bay, Nova Scotia


Product Popularity for New Waterford


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 29.4%
First-time Buyer: 23.5%
Qualification: 17.6%
No Money Down: 11.8%
Renewal: 5.9%
Purchase: 5.9%
Commercial: 5.9%
 
Total Application Types Found: 7
 New Waterford Mortgage Product Popularity Pie Chart

Age Demographics for New Waterford Originated Mortgages

Average age: 34
Oldest age: 58
Youngest age: 22


Incomes for New Waterford Originated Mortgages

The amounts below are the average income of people living in New Waterford who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in New Waterford: $32,630.31
applicants within all of Canada: $58,581.24
Difference: ($25,950.93)
  
mortgage co-applicants in New Waterford: $19,176.00
co-applicants within all of Canada: $41,209.57
Difference: ($22,033.57)

Note: Commercial Mortgages were not included for this section, only residential loans from New Waterford, Nova Scotia were used.

Residential Status for New Waterford Originated Mortgages

The table and pie chart below represents the residential status of people living in New Waterford who have applied for a home loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 41.2%
Own: 47.1%
No Comment: 5.9%
Live with parents: 5.9%
New Waterford Residential Status Pie Chart

Marital Statistics for New Waterford Originated Mortgages

The following table and pie chart represents the marital status of applicants from New Waterford, Nova Scotia using the mortgage application found on the CanEquity Mortgage web site. In New Waterford, over 35% of the mortgage applicants are either married or living common-law, while only 52% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 35.3%
Common-law: 17.6%
Married: 17.6%
Separated: 11.8%
Widowed: 11.8%
Divorced: 5.9%
New Waterford Marital Status Pie Chart