Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 40.00% | 0.01% |
| 2010: | 13.33% | 0.00% |
| 2009: | 13.33% | 0.00% |
| 2008: | 6.67% | 0.00% |
| 2007: | 6.67% | 0.00% |
| 2006: | 6.67% | 0.00% |
| 2005: | 6.67% | 0.00% |
| 2003: | 6.67% | 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 | |
|---|---|---|
| 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% |
| 025: | TIMBERLEA, NS | 0.025% |
| 026: | STELLARTON, NS | 0.023% |
| 027: | GREENWOOD, NS | 0.023% |
| 1 | Baddeck, Nova Scotia |
| 2 | North Sydney, Nova Scotia |
| 3 | Georges River, Nova Scotia |
| 4 | Sydney, Nova Scotia |
| 5 | Dominion, Nova Scotia |
| 6 | New Waterford, 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 | |
|---|---|---|
| Purchase: | 26.7% | |
| Refinance: | 20.0% | |
| Qualification: | 13.3% | |
| First-time Buyer: | 13.3% | |
| No Money Down: | 6.7% | |
| Commercial: | 6.7% | |
| Equity Mortgage: | 6.7% | |
| Transfer: | 6.7% | |
| Total Application Types Found: 8 | ||
Average age: 35
Oldest age: 60
Youngest age: 26
The information below represents the average income of Canadians living in Sydney Mines who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sydney Mines: | $75,577.27 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $16,078.80 |
| mortgage co-applicants in Sydney Mines: | $27,142.86 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($15,260.27) |
The following depicts the residential status of people living in Sydney Mines who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 20.0% | |
| Own: | 60.0% | |
| Live with parents: | 20.0% |
The pie chart below represents the marital status of applicants from Sydney Mines, Nova Scotia using the mortgage preapproval application found on the CanEquity Mortgage web site. In Sydney Mines, approximately 66% of the mortgage applicants are living common-law or married, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.3% | |
| Single: | 33.3% | |
| Common-law: | 13.3% |
