2017 Genworth Financial – First-time Home Ownership...
Transcript of 2017 Genworth Financial – First-time Home Ownership...
©2017 Genworth MI Canada Inc. All rights reserved.
David MacDonald
May 8, 2017
2017 Genworth Financial – First-time Home Ownership Study
NOTICE: This document contains confidential, non-public company information. Further distribution of this document is strictly prohibited.
G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Methodology
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Findings
NOTICE: This document contains confidential, non-public company information. Further distribution of this document is strictly prohibited.
G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Perspective on Home
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Q16. Do you see your home as…?
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Motivation for Buying Home
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Perspective on Home
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Transaction Values
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Transaction Values 2017
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Sources for Obtaining Down Payment
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Intention if Needed Larger Down Payment
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Mortgage Approval Timeline
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Credit Cards
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Actions Taken in Past Year to Pay Off Mortgage Faster
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Plans in the Next Year to Pay Off Mortgage Faster
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Impact on Ability to Afford
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Impact on Ability to Afford
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Actions if Did Not Qualify
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Support for New Mortgage Rules
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Conclusions
NOTICE: This document contains confidential, non-public company information. Further distribution of this document is strictly prohibited.
G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Conclusions
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G E N W O R T H C A N A D A H O M E O W N E R S H I P E D U C A T I O N W E E K 2 0 1 7
Conclusions
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