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Variable closed: 2.85% 1 year closed: 2.69% 3 year closed: 2.69% 5 year closed: 2.79% 10 year closed: 3.44% 
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Mayo Mortgage Information
Average Mortgage Loan in Mayo: $191,125How Mayo Ranks in Yukon Territories for Mortgage Business
The following table lists how Mayo 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.
| Rank | Location | Contribution |
|---|---|---|
| 1 | WHITEHORSE, YT | 0.386% |
| 2 | DAWSON, YT | 0.026% |
| 3 | HAINES JUNCTION, YT | 0.017% |
| 4 | MAYO, YT | 0.012% |
| 5 | MARSH LAKE, YT | 0.012% |
| 6 | WATSON LAKE, YT | 0.003% |
Types of Mortgage Inquiries Received from Mayo
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| No Money Down Mortgage (discontinued): | 42.9% | |
| Refinance / Debt Consolidation: | 28.6% | |
| Mortgage Pre-approval: | 14.3% | |
| First-time Home Buyer: | 14.3% | |
| Total Application Types Found: 4 | ||
Age Demographics for Mayo Mortgage Applicants
Average age: 34
Oldest age: 48
Youngest age: 23
Incomes for Mayo Mortgage Applicants
The following depicts the average income of Canadians living in Mayo who have submitted a mortgage inquiry using the Super Brokers' mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mayo: | $53,840.00 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | ($7,012.54) |
Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loans were used.
Last mortgage report update for Mayo: Friday, July 1, 2016
- Region has low populated areas
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Nova Scotia
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
Municipal mortgage stats:
Provincial mortgage stats:
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Did you know that by increasing your down payment from 5% to 20% on a $500,000 home you can save yourself almost $11,000 in interest and over $13,000 in CMHC mortgage insurance premiums? Try our mortgage calculator and find out how a simple change in your down payment amount can save you thousands of dollars.
Mortgage Rates
Just a small difference in rates can save you tens of thousands of dollars on your mortgage, so now just imagine what an even bigger difference will do. Take advantage of our very low mortgage rates and apply today.
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