ZT-TMG- CMHC's 2009 Mortgage Consumer Survey

郭森房贷

5 u1 J. c9 k- V. |CMHC recently surveyed 2,507 new mortgage consumers.  Here's what they found:

•70%:  Feel now is a good time to buy a home in Canada
•1/3:  Expect to move in the next five years
* U% V5 q4 Z" T•73%:  Used their own resources (savings, equity, or RRSP) for their down payment.
$ z( K% N9 d# S2 R, K  H•1/3:  Have previously requested their credit score from a credit bureau.  (Wow.  2/3 have not?)
•87%:  Believe that 40% is the maximum ratio of monthly gross income that one should spend on debts and housing (It's interesting that so many people know this. This 40% figure is, of course, a general lender guideline for maximum TDS.)
7 V! v, e( a% b8 nWhat matters to homeowners:
* f' i9 k' ^" T7 o, \8 C6 n
•"Getting the best rate":  This was the number one thing that made customers satisfied with their lender or broker.
, }5 B: J9 U* W. Z8 M& m3 N% U2 j•"Service":  The top reason driving customer satisfaction with brokers.
•"A good relationship":  The top reason behind customer satisfaction with lenders.
2 u: w; }3 f" N, O1 e# HOther interesting market share stats:

•90%:  The number of people up for renewal who stayed with their existing lender.  That compares to 83% in 2007.  (This is absolutely stunning. Either lender retention departments are getting much better or people are getting more complacent.  In this competitive market, you've got to shop around-or, better yet, get a professional to do it for you.)
0 f  o0 W0 p3 V& T•25%:  The number of mortgages originated by mortgage brokers. CMHC said it was 27% in 2007 (See CMHC's 2007 Mortgage Survey).  (The banks seem to be making a comeback for the time being. They're most definitely getting more competitive. In addition, we're seeing a lot of smaller lenders harness the power of the net to drive new business.)
/ v9 J3 ]1 q3 h- F& _3 m•44%:  The number of first-time buyers who got their mortgage through a broker.  (This is up sharply from 35% in 2007.)
& n3 k. |; j) A
http://www.happymortgages.com/newsarticle.asp?id=210
Source:  The chart and all data are courtesy of CMHC.