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Hudson Bay Mortgage Information

Average Mortgage Loan in Hudson Bay: $154,028

How Hudson Bay Ranks in Saskatchewan for Mortgage Business

The following table lists how Hudson Bay ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
21MOOSOMIN, SK 0.019%
22INDIAN HEAD, SK 0.019%
23BATTLEFORD, SK 0.019%
24MEADOW LAKE, SK 0.019%
25CANORA, SK 0.017%
26HUDSON BAY, SK 0.017%
27FORT QU'APPELLE, SK 0.017%
28TISDALE, SK 0.017%
29WARMAN, SK 0.016%
30ASSINIBOIA, SK 0.016%
31UNITY, SK 0.016%

Types of Mortgage Inquiries Received from Hudson Bay


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 50.0%
Mortgage Pre-approval: 20.0%
Mortgage Renewal: 10.0%
No Money Down Mortgage (discontinued): 10.0%
Commercial: 10.0%
 
Total Application Types Found: 5

Age Demographics for Hudson Bay Based Mortgages

Average age: 39
Oldest age: 90
Youngest age: 28


Incomes for Hudson Bay Based Mortgages

The following figures show the average income of Canadians living in Hudson Bay who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Hudson Bay: $88,777.78
applicants within all of Canada: $60,852.54
Difference: $27,925.24
  

Since the average income of Hudson Bay is much higher than the Canadian national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Hudson Bay: $77,000.00
applicants within all of Canada: $60,852.54
Difference: $16,147.46

Note: Commercial Mortgage loans were not included for this section, only home loans from Hudson Bay, Saskatchewan were used.

Last mortgage report update for Hudson Bay: Friday, July 1, 2016
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