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Mortgage Statistics
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Rates
Current Mortgage Rates:
Life InsuranceVariable closed: 2.60% 1 year closed: 2.74% 3 year closed: 2.59% 5 year closed: 2.89% 10 year special: 3.58% 
Glossary
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Current City Standing within New Brunswick
| Rank | Location | Contribution |
|---|---|---|
| 87: | VAL COMEAU, NB | 0.004% |
| 88: | ROWLEY, NB | 0.004% |
| 89: | BATH, NB | 0.004% |
| 90: | GRANDE-DIGUE, NB | 0.004% |
| 91: | WIRRAL, NB | 0.004% |
| 92: | LOWER CAMBRIDGE, NB | 0.004% |
| 93: | BERTRAND, NB | 0.004% |
| 94: | DSL DE DRUMMOND, NB | 0.004% |
| 95: | UPPER GAGETOWN, NB | 0.004% |
| 96: | MEMRAMCOOK, NB | 0.004% |
| 97: | RICHMOND CORNER, NB | 0.004% |
Nearest Settlements
Age Demographics for Lower Cambridge Mortgage Applicants
Average age: 45
Oldest age: 45
Youngest age: 45
Incomes for Lower Cambridge Mortgage Applicants
The numbers below represent the average income of applicants living in Lower Cambridge who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Lower Cambridge: | $50,000.00 |
| applicants within all of Canada: | $60,490.19 |
| Difference: | ($10,490.19) |
Note: Commercial Mortgage loans were not included for this survey, only residential loans amounts were used.
- Fredericton
- Grand Bay-Westfield
- Hanwell
- Kingston
- Lincoln
- Minto
- New Maryland
- Oromocto
- Upper Gagetown
- Waasis
Mortgage Amortization Calculator
An amortization is the amount of time scheduled to completely pay off a loan, and the amortization length you choose is important in shaping how much you'll end up paying for your home. While the Government of Canada's national housing agency caps the amortization period for high-ratio mortgages at 25 years, and that is the most popular amortization length in Canada, amortizations can range anywhere from 5 to 30 years for uninsured mortgages. Try our easy to use mortgage calculator to see how changing the amortization length affects your loan payments.
Did you know? The average home loan in St Marys is:
Discover many more facts and statistics exclusively here at CanEquity Mortgage.
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in North Bay.
| Mortgage Product Type | Inquiries | |
|---|---|---|
| First-time Home Buyer | 24.81% | |
| Mortgage Pre-approval | 24.06% | |
| New Purchase | 15.04% | |
| No Money Down discontinued | 9.77% | |
| Refinance/Consolidate Debt | 9.02% | |
| Mortgage Renewal | 7.52% | |
| Commercial Financing | 6.02% | |
| Other | 3.75% |
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