Yarmouth Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.70% | * 0.00% |
| 2009: | 21.62% | 0.02% |
| 2008: | 16.22% | 0.01% |
| 2007: | 13.51% | 0.01% |
| 2006: | 2.70% | 0.00% |
| 2005: | 8.11% | 0.01% |
| 2004: | 10.81% | 0.01% |
| 2003: | 10.81% | 0.01% |
| 2002: | 13.51% | 0.01% |
The information below illustrates the busy days for mortgage inquiries that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Yarmouth the busiest day, with 21.62% of all applications, is Tuesday. In comparison, Sunday's are the slowest day with only 5.41% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.6% | |
| 2: | Thursday: | 18.9% | |
| 3: | Monday: | 16.2% | |
| 4: | Friday: | 16.2% | |
| 5: | Wednesday: | 13.5% | |
| 6: | Saturday: | 8.1% | |
| 7: | Sunday: | 5.4% |
In Yarmouth, mortgage applications are received 24 hours a day from the CanEquity web site. The information shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 32.4% of all mortgages are received before noon, while 56.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 2.7% |
| 06:00 to 06:59: | 8.1% |
| 07:00 to 07:59: | 5.4% |
| 08:00 to 08:59: | 5.4% |
| 09:00 to 09:59: | 8.1% |
| 10:00 to 10:59: | 5.4% |
| 11:00 to 11:59: | 8.1% |
| 12:00 to 12:59: | 10.8% |
| 13:00 to 13:59: | 8.1% |
| 14:00 to 14:59: | 8.1% |
| 17:00 to 17:59: | 13.5% |
| 18:00 to 18:59: | 5.4% |
| 19:00 to 19:59: | 5.4% |
| 20:00 to 20:59: | 2.7% |
| 21:00 to 21:59: | 2.7% |
| 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% |
| 010: | PICTOU, NS | 0.047% |
| 011: | NEW GLASGOW, NS | 0.042% |
| 1 | South Ohio, Nova Scotia |
| 2 | Clark'S Harbour, Nova Scotia |
| 3 | Port Maitland, Nova Scotia |
| 4 | Clam Point, Nova Scotia |
| 5 | Mavillette, Nova Scotia |
| 6 | Meteghan, Nova Scotia |
| 7 | Weymouth, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 32.4% | |
| No Money Down: | 29.7% | |
| First-time Buyer: | 21.6% | |
| Qualification: | 5.4% | |
| Commercial: | 5.4% | |
| Renewal: | 2.7% | |
| Purchase: | 2.7% | |
| Total Application Types Found: 7 | ||
Average age: 37
Oldest age: 55
Youngest age: 23
The following figures show the average income of applicants living in Yarmouth 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 Yarmouth: | $48,555.23 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($10,026.02) |
| mortgage co-applicants in Yarmouth: | $28,370.43 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | ($12,839.14) |
The following table represents the residential status of people living in Yarmouth 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: | 45.9% | |
| Own: | 40.5% | |
| No Comment: | 13.5% |
The following table and pie chart represents the marital status of applicants from Yarmouth, Nova Scotia using the preapproval application found on the CanEquity Mortgage web site. In Yarmouth, over 64% of the mortgage applicants are living together with someone, while only 35% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.9% | |
| Common-law: | 18.9% | |
| Single: | 18.9% | |
| Separated: | 10.8% | |
| Divorced: | 5.4% |
