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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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: C/ Q! B, X) t2 a/ `# x( _Tuesday, November 25, 2008
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$ a! a$ V! ^& S CAAMP has released its annual mortgage report and it's chock full of mortgage stats. Here's a rundown on the more notable ones:( |3 B- r5 a4 m, Y) ~, m! v/ A
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5,250,000: The number of Canadian home owners with mortgages.
+ z$ v c! B% s: q3 `29%: The percentage of Canadian homeowners who got a new mortgage in the last 12 months.
! F) o, y* `$ f% ]4 A% d. l86%: The percentage of people renewing or refinancing that stayed with their existing lender. , V, y# f9 R! S: b/ w5 p2 j, F1 F; ]
$136,000: The average mortgagor's equity. This equity equals 51.7% of their home value on average.
3 J/ n4 i6 Z8 y/ o: Q' F22%: 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%. - P: Q) i3 R6 b, r* P+ [7 T
$41,000: The average equity that borrowers took out of their homes this year. That's up 16% from last year. The most common reason for borrowing this equity? Debt consolidation.
4 T9 G& S" h4 Z" u50%: The ratio of new mortgages taken out in the last year with amortizations greater than 25 years.
0 W5 H( |+ @1 ]7 J5.41%: The average Canadian's mortgage rate. Last year it was 5.56%. ( J( Y+ s+ r, `" [: s! {
0.40%: The average interest rate improvement realized by people who refinanced in the past year.
7 [ I5 V1 ]+ B1.59%: The average discount off of bank-posted rates. 0 _% Q% g8 G$ g: ~: A: M- g- ~) L
1.96: The average number of quotes people get when shopping for a mortgage.
4 [2 R$ m% M, o4 ?2 q# W7 V$ T2 I0.28%: The percentage of Canadians who are 90 days or more past due on their mortgage. That's up just slightly from last year. 0 I( [" s& g- p v7 e& b3 m6 o- q1 t0 Q
10%: The approximate decline in mortgage approvals that CAAMP foresees in 2009. 1 s j. N% u/ p0 f; f+ h
36%: The percentage of Canadians who are aware that insured 40-year and 100% LTV mortgages have disappeared. , z# s5 \0 q5 V
Peoples' favourite mortgage terms:
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! n/ m0 T0 q; L' O1-3 years: 29% of borrowers % _" N9 u- ]0 K" D$ i& C
4-5 year: 61% of borrowers
4 _; s- J( D7 T) |9 LOver 5 years: 10% of borrowers
$ c; ^$ x+ k- f9 I- DCAAMP says there's a noticeable trend in borrowers taking shorter terms when compared to last year.
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: d- X: z# g1 N% F( ^! iThere'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.
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% x! n% `# V3 R5 k+ i9 wWhere did people get their new mortgages this year?3 G# l9 v) x+ }0 Q% \
# V4 B8 e h* e/ g( `Major banks: 47%
4 u5 b+ u) _7 J5 \ h/ l: ^. ?Mortgage brokers: 35% # ^+ U3 b Q4 t& s2 G8 G
Credit Unions: 11% ! \2 L. _+ E& m
Other: 6%* S8 y: p* G* g7 }, v" l
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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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