Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Melfort: Wednesday, September 8, 2010   
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Related Links:
Birch Hills
Star City
Tisdale

Melfort Mortgages

Saskatchewan Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Melfort

Year Year to Year
Comparison
** National
Contribution
2010: * 10.00% * 0.00%
2009: 10.00% 0.00%
2007: 40.00% 0.01%
2006: 10.00% 0.00%
2004: 10.00% 0.00%
2003: 20.00% 0.00%

Note: * These values are the percentages up to Wednesday, September 8, 2010. Estimated volume targets for the entire 2010 year are 10.00% and 0.00% respectively. ** Total national contribution of Melfort mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Saskatchewan


Location Contribution
015:  NIPAWIN, SK 0.029%
016:  KINDERSLEY, SK 0.029%
017:  BALGONIE, SK 0.026%
018:  CARNDUFF, SK 0.024%
019:  WARMAN, SK 0.022%
020:  MELFORT, SK 0.022%
021:  BATTLEFORD, SK 0.022%
022:  INDIAN HEAD, SK 0.020%
023:  MEADOW LAKE, SK 0.020%
024:  HUMBOLDT, SK 0.018%
025:  CANORA, SK 0.018%

Nearest Settlements


1Tisdale, Saskatchewan
2Star City, Saskatchewan
3Birch Hills, Saskatchewan


Product Popularity for Melfort


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 40.0%
Refinance: 20.0%
Qualification: 20.0%
Investment: 10.0%
Pre-approval: 10.0%
 
Total Application Types Found: 5
 Melfort Mortgage Product Popularity Pie Chart

Age Demographics for Melfort Mortgage Applicants

Average age: 30
Oldest age: 40
Youngest age: 24


Incomes for Melfort Mortgage Applicants

The amounts below are the average income of people living in Melfort who have applied for a loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Melfort: $36,797.56
applicants within all of Canada: $58,945.88
Difference: ($22,148.32)
  
mortgage co-applicants in Melfort: $26,350.00
co-applicants within all of Canada: $41,522.27
Difference: ($15,172.27)

Note: Commercial Mortgages were not included for this report, only home loans from Melfort, Saskatchewan were used.

Residential Status for Melfort Mortgages

The following depicts the residential status of people living in Melfort who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 50.0%
No Comment: 10.0%
Melfort Residential Status Pie Chart

Marital Status for Melfort Mortgages

The pie chart below represents the marital status of applicants from Melfort, Saskatchewan using the mortgage application found on the CanEquity Mortgage web site. In Melfort, over 80% of the mortgage applicants are living with someone, while only 20% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 50.0%
Married: 30.0%
Divorced: 10.0%
Single: 10.0%
Melfort Marital Status Pie Chart