Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Cranbrook: Wednesday, February 8, 2012   
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Cranbrook Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Cranbrook

Year Year to Year
Comparison
** National
Contribution
2011: 8.11% 0.01%
2010: 8.11% 0.01%
2009: 16.22% 0.01%
2008: 10.81% 0.01%
2007: 10.81% 0.01%
2006: 8.11% 0.01%
2004: 10.81% 0.01%
2003: 21.62% 0.01%
2002: 5.41% 0.00%

Note: ** Total national contribution of Cranbrook mortgages in the past is currently 0.07% with a projected target of 0.07%.

Busy Days for Mortgages Originating within Cranbrook

The bar graph listed below illustrates the busy days for Internet applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Cranbrook, the day with the most volume, having more than 24.32% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 5.41% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 24.3%
2: Tuesday: 16.2%
3: Sunday: 16.2%
4: Thursday: 16.2%
5: Wednesday: 10.8%
6: Saturday: 10.8%
7: Friday: 5.4%
Busy Days Report for Cranbrook Mortgages

Peak Hours for Originated Mortgages within Cranbrook

In Cranbrook, mortgage applications are received 24 hours a day from the CanEquity web site. The report shown below indicates 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: 2.7%
09:00 to 09:59: 8.1%
10:00 to 10:59: 8.1%
11:00 to 11:59: 2.7%
12:00 to 12:59: 8.1%
13:00 to 13:59: 5.4%
14:00 to 14:59: 5.4%
15:00 to 15:59: 8.1%
16:00 to 16:59: 10.8%
17:00 to 17:59: 5.4%
18:00 to 18:59: 8.1%
19:00 to 19:59: 5.4%
20:00 to 20:59: 8.1%
21:00 to 21:59: 5.4%
22:00 to 22:59: 2.7%
23:00 to 23:59: 5.4%
Peak Hours Graph for Mortgages in Cranbrook

Note: Only hours that have had mortgages from Cranbrook, British Columbia are shown.

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario: 48.07%
Prince Edward Island: 0.53%
Quebec: 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Cranbrook Mortgages

Current City Standing within British Columbia


Location Contribution
028:  WESTBANK, BC 0.081%
029:  COURTENAY, BC 0.079%
030:  MISSION, BC 0.079%
031:  QUESNEL, BC 0.076%
032:  DUNCAN, BC 0.074%
033:  CRANBROOK, BC 0.070%
034:  VANDERHOOF, BC 0.062%
035:  WILLIAMS LAKE, BC 0.060%
036:  PORT MOODY, BC 0.060%
037:  REVELSTOKE, BC 0.060%
038:  PARKSVILLE, BC 0.057%

Nearest Settlements


1Marysville, British Columbia
2Jaffray, British Columbia
3Kimberley, British Columbia
4Creston, British Columbia
5Fernie, British Columbia


Product Popularity for Cranbrook


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 27.0%
Refinance: 21.6%
No Money Down: 16.2%
Purchase: 16.2%
First-time Buyer: 10.8%
Renewal: 2.7%
Equity Mortgage: 2.7%
Investment: 2.7%
 
Total Application Types Found: 8
 Cranbrook Mortgage Product Popularity Pie Chart

Age Demographics for Cranbrook Mortgages

Average age: 39
Oldest age: 64
Youngest age: 22


Incomes for Cranbrook Mortgages

The following figures show the average income of people living in Cranbrook who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Cranbrook: $48,487.46
applicants within all of Canada: $59,498.47
Difference: ($11,011.01)
  
mortgage co-applicants in Cranbrook: $49,105.38
co-applicants within all of Canada: $42,403.13
Difference: $6,702.25

Note: Commercial Mortgage loans were not included for this survey, only residential mortgages from Cranbrook, British Columbia were used.

Residential Status for Cranbrook Mortgage Applicants

The pie chart below shows the residential status of people living in Cranbrook who have applied for a loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 43.2%
Own: 54.1%
Live with parents: 2.7%
Cranbrook Residential Status Pie Chart

Marital Statistics for Cranbrook Mortgage Applicants

The following table and pie chart represents the marital status of applicants from Cranbrook, British Columbia using the online mortgage application located at the CanEquity web site. In Cranbrook, over 67% 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: 48.6%
Single: 21.6%
Common-law: 18.9%
Separated: 5.4%
Divorced: 2.7%
Widowed: 2.7%
Cranbrook Marital Status Pie Chart