Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 40.00% | 0.00% |
| 2009: | 20.00% | 0.00% |
| 2007: | 40.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 001: | IQALUIT, NU | 0.045% |
| 002: | GJOA HAVEN, NU | 0.009% |
| 003: | CAMBRIDGE BAY, NU | 0.008% |
| 004: | RANKIN INLET, NU | 0.008% |
| 005: | IGLOOLIK, NU | 0.006% |
| 006: | WHALE COVE, NU | 0.004% |
| 007: | CAPE DORSET, NU | 0.004% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 40.0% | |
| Equity Mortgage: | 20.0% | |
| Refinance: | 20.0% | |
| First-time Buyer: | 20.0% | |
| Total Application Types Found: 4 | ||
Average age: 44
Oldest age: 47
Youngest age: 39
The figures below represent the average income of applicants living in Gjoa Haven who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Gjoa Haven: | $87,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $27,501.53 |
Since the average income of Gjoa Haven is substantially higher than the national average, we have included the MEDIAN annual gross income for this town. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Gjoa Haven: | $79,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $19,501.53 |
The pie chart below shows the residential status of people living in Gjoa Haven who have applied for a mortgage using the online application located at the CanEquity 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 Gjoa Haven, Nunavut using the preapproval application found on canequity.com. In Gjoa Haven, over 100% of the mortgage applicants are living common-law or married, while only 0% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 100.0% |
