Truro Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.00% | * 0.01% |
| 2009: | 34.00% | 0.04% |
| 2008: | 16.00% | 0.02% |
| 2007: | 14.00% | 0.02% |
| 2006: | 6.00% | 0.01% |
| 2005: | 4.00% | 0.01% |
| 2004: | 6.00% | 0.01% |
| 2003: | 8.00% | 0.01% |
| 2002: | 8.00% | 0.01% |
The bar graph below shows the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Truro occur during our first quarter (represented by the brown bars) with 32.00% while our slowest is the fourth quarter (represented by the red bars) with 18.00%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 16.0% | |
| 2: | February: | 14.0% | |
| 3: | March: | 12.0% | |
| 4: | August: | 12.0% | |
| 5: | May: | 10.0% | |
| 6: | October: | 10.0% | |
| 7: | January: | 6.0% | |
| 8: | April: | 6.0% | |
| 9: | September: | 6.0% | |
| 10: | November: | 4.0% | |
| 11: | December: | 4.0% | |
| 12: | December: | 0.0% |
The data below compares the busy days for mortgage inquiries that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Truro the most busy day of the week, with 26.00% of all inquiries, is Monday. In comparison, Tuesday's are the slowest day with only 8.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 26.0% | |
| 2: | Wednesday: | 22.0% | |
| 3: | Friday: | 12.0% | |
| 4: | Sunday: | 12.0% | |
| 5: | Saturday: | 10.0% | |
| 6: | Thursday: | 10.0% | |
| 7: | Tuesday: | 8.0% |
Inquiries are received 24 hours a day on our web site. The information shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 2.0% |
| 06:00 to 06:59: | 6.0% |
| 07:00 to 07:59: | 2.0% |
| 08:00 to 08:59: | 4.0% |
| 09:00 to 09:59: | 4.0% |
| 11:00 to 11:59: | 12.0% |
| 12:00 to 12:59: | 14.0% |
| 13:00 to 13:59: | 4.0% |
| 14:00 to 14:59: | 6.0% |
| 15:00 to 15:59: | 16.0% |
| 16:00 to 16:59: | 2.0% |
| 17:00 to 17:59: | 10.0% |
| 18:00 to 18:59: | 8.0% |
| 19:00 to 19:59: | 2.0% |
| 20:00 to 20:59: | 4.0% |
| 21:00 to 21:59: | 2.0% |
| 23:00 to 23:59: | 2.0% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 001: | HALIFAX, NS | 0.407% |
| 002: | DARTMOUTH, NS | 0.289% |
| 003: | SYDNEY, NS | 0.139% |
| 004: | TRURO, NS | 0.118% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 26.0% | |
| Refinance: | 22.0% | |
| Qualification: | 22.0% | |
| No Money Down: | 22.0% | |
| Renewal: | 4.0% | |
| Purchase: | 2.0% | |
| Variable Rate: | 2.0% | |
| Total Application Types Found: 7 | ||
Average age: 36
Oldest age: 61
Youngest age: 22
The following figures show the average income of applicants living in Truro who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Truro: | $37,761.52 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($20,819.72) |
| mortgage co-applicants in Truro: | $28,046.11 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | ($13,163.46) |
The information shown below represents the residential status of people living in Truro 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: | 54.0% | |
| Own: | 34.0% | |
| Other: | 2.0% | |
| No Comment: | 8.0% | |
| Live with parents: | 2.0% |
The information below shows the marital status of applicants from Truro, Nova Scotia using the preapproval application found at the CanEquity web site. In Truro, approximately 72% of the mortgage applicants are living with someone, while only 28% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 48.0% | |
| Common-law: | 24.0% | |
| Single: | 18.0% | |
| Divorced: | 6.0% | |
| Separated: | 4.0% |
