Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Cardigan: Wednesday, February 8, 2012   
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Charlottetown
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Souris
Stratford
York

Cardigan Mortgages

Prince Edward Island Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Cardigan

Year Year to Year
Comparison
** National
Contribution
2011: 20.00% 0.00%
2010: 20.00% 0.00%
2008: 40.00% 0.00%
2003: 20.00% 0.00%

Note: ** Total national contribution of Cardigan mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Prince Edward Island


Location Contribution
006:  MONTAGUE, PE 0.021%
007:  O'LEARY, PE 0.019%
008:  KENSINGTON, PE 0.015%
009:  KINKORA, PE 0.013%
010:  GEORGETOWN, PE 0.011%
011:  CARDIGAN, PE 0.009%
012:  TIGNISH, PE 0.008%
013:  YORK, PE 0.006%
014:  MOUNT STEWART, PE 0.006%
015:  MISCOUCHE, PE 0.006%
016:  ELLERSLIE, PE 0.004%

Nearest Settlements


1Georgetown, Prince Edward Island
2Montague, Prince Edward Island
3Souris, Prince Edward Island
4Stratford, Prince Edward Island
5Murray Harbour, Prince Edward Island
6Charlottetown, Prince Edward Island
7York, Prince Edward Island
8New London, Prince Edward Island


Product Popularity for Cardigan


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 40.0%
First-time Buyer: 40.0%
Pre-approval: 20.0%
 
Total Application Types Found: 3
 Cardigan Mortgage Product Popularity Pie Chart

Age Demographics for Cardigan Mortgages

Average age: 37
Oldest age: 42
Youngest age: 32


Incomes for Cardigan Mortgages

The numbers below represent the average income of people living in Cardigan 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 Cardigan: $51,700.00
applicants within all of Canada: $59,498.47
Difference: ($7,798.47)
  

Note: Commercial loans were not included for this section, only residential mortgage loans from Cardigan, Prince Edward Island were used.

Residential Status for Cardigan Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Cardigan who have applied for a mortgage using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 80.0%
Own: 20.0%
Cardigan Residential Status Pie Chart

Marital Status for Cardigan Mortgage Applicants

The following pie chart represents the marital status of applicants from Cardigan, Prince Edward Island using the mortgage preapproval application located at the CanEquity web site. In Cardigan, 60% of the mortgage applicants are either married or living common-law, while only 40% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.0%
Single: 40.0%
Cardigan Marital Status Pie Chart