Cranbrook Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 12.50% | * 0.01% |
| 2007: | 16.67% | 0.01% |
| 2006: | 12.50% | 0.01% |
| 2004: | 16.67% | 0.01% |
| 2003: | 33.33% | 0.03% |
| 2002: | 8.33% | 0.01% |
Cranbrook mortgage applications are received 24 hours a day from the CanEquity web site. The following represents the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 4.2% |
| 09:00 to 09:59: | 4.2% |
| 10:00 to 10:59: | 4.2% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 4.2% |
| 14:00 to 14:59: | 8.3% |
| 15:00 to 15:59: | 12.5% |
| 16:00 to 16:59: | 8.3% |
| 17:00 to 17:59: | 8.3% |
| 18:00 to 18:59: | 8.3% |
| 19:00 to 19:59: | 8.3% |
| 20:00 to 20:59: | 8.3% |
| 21:00 to 21:59: | 4.2% |
| 23:00 to 23:59: | 8.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.49% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 026: | PORT ALBERNI, BC | 0.093% |
| 027: | PORT COQUITLAM, BC | 0.093% |
| 028: | COURTENAY, BC | 0.086% |
| 029: | WESTBANK, BC | 0.083% |
| 030: | NELSON, BC | 0.083% |
| 031: | CRANBROOK, BC | 0.080% |
| 032: | TERRACE, BC | 0.073% |
| 033: | SECHELT, BC | 0.070% |
| 034: | LADYSMITH, BC | 0.070% |
| 035: | SOOKE, BC | 0.066% |
| 036: | PARKSVILLE, BC | 0.066% |
| 1 | Marysville, British Columbia |
| 2 | Jaffray, British Columbia |
| 3 | Kimberley, British Columbia |
| 4 | Creston, British Columbia |
| 5 | Fernie, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 29.2% | |
| Qualification: | 20.8% | |
| Purchase: | 16.7% | |
| No Money Down: | 12.5% | |
| First-time Buyer: | 12.5% | |
| Renewal: | 4.2% | |
| Equity Mortgage: | 4.2% | |
| Total Application Types Found: 7 | ||
Average age: 40
Oldest age: 64
Youngest age: 24
The numbers below represent the average income of people living in Cranbrook who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Cranbrook: | $49,089.14 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | ($7,258.36) |
| mortgage co-applicants in Cranbrook: | $56,487.00 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | $17,156.30 |
The following depicts the residential status of people living in Cranbrook who have applied for a mortgage using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.5% | |
| Own: | 58.3% | |
| Live with parents: | 4.2% |
The pie chart below represents the marital status of applicants from Cranbrook, British Columbia using the preapproval application found at the CanEquity web site. In Cranbrook, 70% of the mortgage applicants are living with someone, while only 29% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.3% | |
| Single: | 25.0% | |
| Common-law: | 12.5% | |
| Separated: | 4.2% |
