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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 % \) n( j/ [. o N9 n( d
( I" A+ Y& A! qTuesday, November 25, 2008
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3 h% ]5 K/ D$ E1 i CAAMP has released its annual mortgage report and it's chock full of mortgage stats. Here's a rundown on the more notable ones:7 D" {) k/ Z, l
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5,250,000: The number of Canadian home owners with mortgages. : h2 V' S: }, o
29%: The percentage of Canadian homeowners who got a new mortgage in the last 12 months. 5 Z6 I0 Q8 n7 f5 X' S4 V
86%: The percentage of people renewing or refinancing that stayed with their existing lender. % [3 @1 b8 f+ T: r/ s' R! R1 v. m
$136,000: The average mortgagor's equity. This equity equals 51.7% of their home value on average. 9 d: I% B5 {1 k A
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%.
X% f. u. r) O9 [5 m$41,000: The average equity that borrowers took out of their homes this year. That's up 16% from last year. The most common reason for borrowing this equity? Debt consolidation. 6 }) d2 o. Y$ f
50%: The ratio of new mortgages taken out in the last year with amortizations greater than 25 years.
; g7 U9 h# y7 p7 k* @2 ~) k( Z5.41%: The average Canadian's mortgage rate. Last year it was 5.56%.
; L) F* _/ A$ _0.40%: The average interest rate improvement realized by people who refinanced in the past year. 7 {' h& k( B+ E! o7 u6 }
1.59%: The average discount off of bank-posted rates.
4 S/ P- M8 {# k( z1.96: The average number of quotes people get when shopping for a mortgage.
5 K; E, v) e9 A7 g! u( J0.28%: The percentage of Canadians who are 90 days or more past due on their mortgage. That's up just slightly from last year.
; g8 y8 h7 h* a10%: The approximate decline in mortgage approvals that CAAMP foresees in 2009.
" `. g! m( g5 U+ {6 \36%: The percentage of Canadians who are aware that insured 40-year and 100% LTV mortgages have disappeared. 1 m& |4 J) K" n
Peoples' favourite mortgage terms:
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1-3 years: 29% of borrowers
w8 Q( N6 Y U0 j7 `. a4-5 year: 61% of borrowers 2 E% J& @& V" @+ b# F
Over 5 years: 10% of borrowers1 @4 i# s+ ] i; H/ ]
CAAMP says there's a noticeable trend in borrowers taking shorter terms when compared to last year.% a+ N/ C8 P. G8 F+ `" s# M# d
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There'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.6 ?) M! N- s' H' ~2 `+ M' O
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Where did people get their new mortgages this year?
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Major banks: 47%
7 |# r6 D8 x$ x% a% }Mortgage brokers: 35% ' \/ ~; Z8 O g
Credit Unions: 11% & S" i. k/ i \
Other: 6%
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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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