Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for New Waterford: Wednesday, February 8, 2012   
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Related Links:
Baddeck
Dominion
Georges River
Glace Bay
North Sydney
Northside East Bay
Reserve Mines
Sydney
Sydney Mines

New Waterford Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Received from New Waterford

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%

Note: ** Total national contribution of New Waterford 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: 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%
New Waterford Mortgages

Current City Standing within Nova Scotia


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%

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: 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
 New Waterford Mortgage Product Popularity Pie Chart

Age Demographics for New Waterford Mortgage Applicants

Average age: 35
Oldest age: 58
Youngest age: 22


Incomes for New Waterford Mortgage Applicants

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)

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

Residential Status for New Waterford Based Mortgages

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%
New Waterford Residential Status Pie Chart

Marital Status for New Waterford Based Mortgages

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%
New Waterford Marital Status Pie Chart