Last report update for Pictou: Sunday, March 14, 2010
Canada Mortgages
Pictou Mortgage
Information, Statisitics & Reports
CanEquity Mortgage - Best Mortgage Rates in CanadaMortgage Services and ProductsCompany Profile and TestimonialsMortgage News and Related ArticlesSecure Online Mortgage Pre-Approval ApplicationContact a Mortgage Broker
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Amherst
Annapolis County
Coldbrook
Debert
New Glasgow
Pugwash
Shelburne
Stellarton
Trenton
Westville


Pictou Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

Map of Pictou requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Online Applications from Pictou

Year Year to Year
Comparison
** National
Contribution
2010: * 5.00% * 0.00%
2009: 15.00% 0.01%
2008: 10.00% 0.01%
2007: 15.00% 0.01%
2006: 10.00% 0.01%
2005: 10.00% 0.01%
2004: 10.00% 0.01%
2003: 5.00% 0.00%
2002: 20.00% 0.01%

Note: * These values are the percentages up to Sunday, March 14, 2010. Estimated volume targets for the entire 2010 year are 20.00% and 0.01% respectively. ** Total national contribution of Pictou mortgages in the past is currently 0.05% with a projected target of 0.05%.

Peak Hours for Mortgage Applicants within Pictou

Mortgage applications are received 24 hours a day from the CanEquity web site. The graph shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 30.0% of all mortgages are received during the morning, while 70.0% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
07:00 to 07:59: 5.0%
08:00 to 08:59: 5.0%
09:00 to 09:59: 10.0%
10:00 to 10:59: 5.0%
11:00 to 11:59: 5.0%
12:00 to 12:59: 5.0%
13:00 to 13:59: 5.0%
14:00 to 14:59: 15.0%
17:00 to 17:59: 20.0%
18:00 to 18:59: 5.0%
19:00 to 19:59: 10.0%
20:00 to 20:59: 5.0%
22:00 to 22:59: 5.0%
Peak Hours Graph for Mortgages in Pictou

Note: Only hours that have had mortgages from Pictou, Nova Scotia are shown.

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%
Pictou Mortgages

Current City Standing within Nova Scotia


Location Contribution
005:  LOWER SACKVILLE, NS 0.113%
006:  YARMOUTH, NS 0.087%
007:  GLACE BAY, NS 0.064%
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%

Nearest Settlements


1Westville, Nova Scotia
2Trenton, Nova Scotia
3Stellarton, Nova Scotia
4Coldbrook, Nova Scotia
5New Glasgow, Nova Scotia
6Annapolis County, Nova Scotia
7Pugwash, Nova Scotia
8Shelburne, Nova Scotia
9Amherst, Nova Scotia
10Debert, Nova Scotia


Product Popularity for Pictou


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 35.0%
Refinance: 25.0%
Fixed Rate: 5.0%
No Money Down: 5.0%
Commercial: 5.0%
First-time Buyer: 5.0%
Renewal: 5.0%
Equity Mortgage: 5.0%
Investment: 5.0%
Variable Rate: 5.0%
 
Total Application Types Found: 10
 Pictou Mortgage Product Popularity Pie Chart

Age Demographics for Pictou Mortgages

Average age: 37
Oldest age: 79
Youngest age: 19


Incomes for Pictou Mortgages

The information below represents the average income of people living in Pictou who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Pictou: $39,256.11
applicants within all of Canada: $58,581.24
Difference: ($19,325.13)
  
mortgage co-applicants in Pictou: $24,057.33
co-applicants within all of Canada: $41,209.57
Difference: ($17,152.24)

Note: Commercial Mortgage loans were not included for this section, only residential mortgages from Pictou, Nova Scotia were used.

Residential Status for Pictou Originated Mortgages

The information below represents the residential status of people living in Pictou who have submitted an inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 20.0%
Own: 50.0%
Other: 10.0%
No Comment: 15.0%
Live with parents: 5.0%
Pictou Residential Status Pie Chart

Marital Status for Pictou Originated Mortgages

The pie chart below represents the marital status of applicants from Pictou, Nova Scotia using the mortgage application found at the CanEquity web site. Over 85% of the mortgage applicants are either married or living common-law, while only 15% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 65.0%
Common-law: 20.0%
Divorced: 5.0%
Separated: 5.0%
Single: 5.0%
Pictou Marital Status Pie Chart