Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 31.82% | 0.01% |
| 2010: | 18.18% | 0.01% |
| 2009: | 27.27% | 0.01% |
| 2008: | 4.54% | 0.00% |
| 2007: | 4.54% | 0.00% |
| 2006: | 4.54% | 0.00% |
| 2004: | 4.54% | 0.00% |
| 2003: | 4.54% | 0.00% |
In North Sydney, mortgages are received 24 hours a day via the CanEquity web site. The time periods below represents the peak hours in the day. The data is taken from all days of all years. Only 27.3% of all mortgages are received before noon, while 68.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 4.5% |
| 06:00 to 06:59: | 13.6% |
| 07:00 to 07:59: | 4.5% |
| 08:00 to 08:59: | 4.5% |
| 10:00 to 10:59: | 4.5% |
| 12:00 to 12:59: | 4.5% |
| 14:00 to 14:59: | 4.5% |
| 15:00 to 15:59: | 4.5% |
| 17:00 to 17:59: | 9.1% |
| 18:00 to 18:59: | 18.2% |
| 19:00 to 19:59: | 9.1% |
| 20:00 to 20:59: | 4.5% |
| 23:00 to 23:59: | 13.6% |
| 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 | |
|---|---|---|
| 009: | BEDFORD, NS | 0.053% |
| 010: | BRIDGEWATER, NS | 0.053% |
| 011: | KENTVILLE, NS | 0.051% |
| 012: | PICTOU, NS | 0.047% |
| 013: | LIVERPOOL, NS | 0.045% |
| 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% |
| 1 | Baddeck, Nova Scotia |
| 2 | Sydney, Nova Scotia |
| 3 | Sydney Mines, Nova Scotia |
| 4 | Dominion, Nova Scotia |
| 5 | New Waterford, Nova Scotia |
| 6 | Georges River, Nova Scotia |
| 7 | Reserve Mines, Nova Scotia |
| 8 | Glace Bay, Nova Scotia |
| 9 | Northside East Bay, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 31.8% | |
| No Money Down: | 27.3% | |
| Purchase: | 18.2% | |
| Qualification: | 18.2% | |
| Refinance: | 4.5% | |
| Total Application Types Found: 5 | ||
Average age: 36
Oldest age: 45
Youngest age: 21
The information below represents the average income of applicants living in North Sydney who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North Sydney: | $40,732.95 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($18,765.51) |
| mortgage co-applicants in North Sydney: | $42,151.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($252.13) |
The following table represents the residential status of people living in North Sydney who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 63.6% | |
| Own: | 9.1% | |
| Other: | 4.5% | |
| Live with parents: | 22.7% |
The following table and pie chart represents the marital status of applicants from North Sydney, Nova Scotia using the mortgage preapproval application found at the CanEquity web site. In North Sydney, 59% of the mortgage applicants are living common-law or married, while only 40% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 31.8% | |
| Common-law: | 9.1% | |
| Separated: | 9.1% |
