 鲜花( 65)  鸡蛋( 0)
|
楼主 |
发表于 2008-11-25 15:19
|
显示全部楼层
Canada's Mortgage Market - CAAMP Report
- J" s6 X R, j; K6 M0 I# h- {Tuesday, November 25, 2008
: |3 j. r. c" y* w8 t 5 f7 x& f# q+ r9 u) `
CAAMP has released its annual mortgage report and it's chock full of mortgage stats. Here's a rundown on the more notable ones:
0 d4 \3 T8 O4 m
+ m \6 M& e( y1 H# H5,250,000: The number of Canadian home owners with mortgages.
/ n3 b7 D# R0 k! J% }2 Z29%: The percentage of Canadian homeowners who got a new mortgage in the last 12 months. - E8 I X) t% [" P
86%: The percentage of people renewing or refinancing that stayed with their existing lender. 1 [) p% C4 n( S& r
$136,000: The average mortgagor's equity. This equity equals 51.7% of their home value on average. : z$ L. k2 _5 q+ |7 K
22%: The percentage of mortgagors who took equity out of their homes in the past 12 months. People are spending more because last year it was 17%. 1 m& n/ O; s6 C6 {! D4 d
$41,000: The average equity that borrowers took out of their homes this year. That's up 16% from last year. The most common reason for borrowing this equity? Debt consolidation. / l) g! g" |% Y
50%: The ratio of new mortgages taken out in the last year with amortizations greater than 25 years. * u2 s: | R' }: I
5.41%: The average Canadian's mortgage rate. Last year it was 5.56%. 4 @+ S# q5 _) q1 t( f
0.40%: The average interest rate improvement realized by people who refinanced in the past year. ; T) t! s' m0 ?+ P; u+ e6 a
1.59%: The average discount off of bank-posted rates. * d& U2 _4 o/ n- t( U% c, t' b) h% S
1.96: The average number of quotes people get when shopping for a mortgage.
' n8 ~! K1 ?: ~4 \) Q, d- K* e d" u) ]0.28%: The percentage of Canadians who are 90 days or more past due on their mortgage. That's up just slightly from last year. 5 M# _ ~% @3 x& Q& t
10%: The approximate decline in mortgage approvals that CAAMP foresees in 2009. 4 ]3 ?% G' m0 |
36%: The percentage of Canadians who are aware that insured 40-year and 100% LTV mortgages have disappeared.
' i+ ~# B4 u r2 Z# w' D; IPeoples' favourite mortgage terms:
) C0 M( o6 W6 ?* V/ I+ F0 K; E
: Q' T5 A. t$ U' _# d5 N1-3 years: 29% of borrowers
2 A* d2 y% m1 l( ?5 B4-5 year: 61% of borrowers
* [. O3 ]5 A8 s5 C! n/ F1 mOver 5 years: 10% of borrowers9 |6 P8 m( N( Y+ l7 ]. u: J6 f
CAAMP says there's a noticeable trend in borrowers taking shorter terms when compared to last year.
4 V, b ]* b$ T( X
5 _1 G( o& F6 bThere's also a big trend towards variable rates. 40% of mortgages were variable in the past year. In CAAMP's 2007 report the number was just 21%. CAAMP says that's because "consumers may be expecting interest rate reductions." We'd also like to think they're becoming more educated about the long-term advantage of variable rates.
, i( [! g; e: V4 M4 B) x4 q+ @" p5 o0 K
Where did people get their new mortgages this year?1 b% a& t, D9 J* y4 D7 z, p0 C4 R
v Y! J) D1 {0 r6 b5 H- q9 n/ VMajor banks: 47% # G; @6 v1 {% a" w
Mortgage brokers: 35%
$ l @+ o2 z1 V ^2 L6 L( V3 x m! HCredit Unions: 11%
( ? D. P# E$ Z, ROther: 6%7 {( H4 ^7 O: Q" u# k" S8 T/ M
|
|
楼主: 郭森房贷
狗仔卡
显身卡
发表于 2008-11-11 07:44
5%
