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发表于 2008-11-25 15:19
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Canada's Mortgage Market - CAAMP Report
Canada's Mortgage Market - CAAMP Report
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8 s* d) Z+ |' U8 T4 y$ {- h/ ^Tuesday, November 25, 2008
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CAAMP has released its annual mortgage report and it's chock full of mortgage stats. Here's a rundown on the more notable ones:, C; l7 {$ d8 `0 T: j) H
M; E1 I% W, M4 D5,250,000: The number of Canadian home owners with mortgages. + ]& f6 V$ @/ u3 \2 L+ T9 ?* m
29%: The percentage of Canadian homeowners who got a new mortgage in the last 12 months. , v I+ y9 B# T
86%: The percentage of people renewing or refinancing that stayed with their existing lender.
1 T2 ^. {4 @2 {+ I) W$136,000: The average mortgagor's equity. This equity equals 51.7% of their home value on average.
. v. F9 [4 Z9 N: X; X22%: 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%. 7 }. u, _: W' U! v1 w
$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.
v, H1 Y( X2 d3 u" ~9 F. }" S50%: The ratio of new mortgages taken out in the last year with amortizations greater than 25 years. $ ~" q9 d& A* `2 t/ U6 J
5.41%: The average Canadian's mortgage rate. Last year it was 5.56%. + R: B2 H ~: x! Q2 p% s& s
0.40%: The average interest rate improvement realized by people who refinanced in the past year.
2 g p: Z9 S. l/ _$ m% |; h" s1.59%: The average discount off of bank-posted rates.
0 Y" D# ]! y& A: V1.96: The average number of quotes people get when shopping for a mortgage. ! l- C c8 q/ H0 @% g0 o7 D/ n
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. / l( t. ]+ ~ o" K2 H
10%: The approximate decline in mortgage approvals that CAAMP foresees in 2009.
; w% g* l1 T+ T8 |( ~36%: The percentage of Canadians who are aware that insured 40-year and 100% LTV mortgages have disappeared.
5 ^- K2 Z3 E$ N* I; F4 }0 t1 J1 yPeoples' favourite mortgage terms:) ]. F. W* P1 g: a$ B% f9 t
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1-3 years: 29% of borrowers . `% p1 g# Y5 A8 b E' w
4-5 year: 61% of borrowers - z7 z) n$ q+ H: Q/ Y; }8 a
Over 5 years: 10% of borrowers2 I+ e: R( B0 f; E$ s2 ^
CAAMP says there's a noticeable trend in borrowers taking shorter terms when compared to last year.
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# g0 f4 A! H, i! lThere'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.& \! n ^ ?* i$ x/ p; P
; \3 D' s$ g/ I A1 j3 uWhere did people get their new mortgages this year?
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Major banks: 47%
4 O* B% r1 H) T3 f5 QMortgage brokers: 35% & h8 Y9 U" k" K* D: e
Credit Unions: 11%
6 ]& o# a- ]) a# U) t1 V! p+ mOther: 6%# }- F3 L$ l% t( v
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楼主: 郭森房贷
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发表于 2008-11-16 20:47
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