Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Duncan: Wednesday, February 8, 2012   
CanEquity Mortgage and Insurance Canada
Canadian Mortgage Rates,
Calculators, News & Insurance
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Chemainus
Cobble Hill
Cowichan Bay
Galiano
Galiano Island
Ladysmith
Mill Bay
North Saanich
Salt Spring Island
Shawnigan Lake

Duncan Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

Map of Duncan requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Online Mortgages from Duncan

Year Year to Year
Comparison
** National
Contribution
2011: 7.69% 0.01%
2010: 5.13% 0.00%
2008: 7.69% 0.01%
2007: 25.64% 0.02%
2006: 7.69% 0.01%
2005: 10.26% 0.01%
2004: 12.82% 0.01%
2003: 10.26% 0.01%
2002: 12.82% 0.01%

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

Busy Days for Mortgage Inquiries within Duncan

The data below displays the busy days for online applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Duncan, the day with the most volume, generating 23.08% of all applications, is Monday. In comparison, Friday's are the slowest day with only 7.69% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 23.1%
2: Wednesday: 20.5%
3: Tuesday: 12.8%
4: Saturday: 12.8%
5: Sunday: 12.8%
6: Thursday: 10.3%
7: Friday: 7.7%
Busy Days Report for Duncan Mortgages

Peak Hours for Mortgage Applicants within Duncan

Duncan mortgage applications are received 24 hours a day from the CanEquity web site. The following represents the peak hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 7.7%
09:00 to 09:59: 2.6%
10:00 to 10:59: 10.3%
11:00 to 11:59: 12.8%
13:00 to 13:59: 2.6%
14:00 to 14:59: 12.8%
15:00 to 15:59: 10.3%
16:00 to 16:59: 5.1%
17:00 to 17:59: 10.3%
18:00 to 18:59: 5.1%
21:00 to 21:59: 7.7%
22:00 to 22:59: 5.1%
23:00 to 23:59: 7.7%
Peak Hours Graph for Mortgages in Duncan

Note: Only hours that have had mortgages from Duncan, 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%
Duncan Mortgages

Current City Standing within British Columbia


Location Contribution
027:  PORT COQUITLAM, BC 0.085%
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%

Nearest Settlements


1Cowichan Bay, British Columbia
2Galiano Island, British Columbia
3Cobble Hill, British Columbia
4Galiano, British Columbia
5Chemainus, British Columbia
6Shawnigan Lake, British Columbia
7Salt Spring Island, British Columbia
8Mill Bay, British Columbia
9North Saanich, British Columbia
10Ladysmith, British Columbia
11Pender Island, British Columbia
12Sidney, British Columbia
13Port Alberni, British Columbia
14Brentwood Bay, British Columbia
15Saanichton, British Columbia
16Gabriola, British Columbia
17Lake Cowichan, British Columbia
18Nanaimo, British Columbia
19Nanoose Bay, British Columbia
20Errington, British Columbia
21Lantzville, British Columbia


Product Popularity for Duncan


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 28.2%
Refinance: 17.9%
No Money Down: 12.8%
Renewal: 12.8%
First-time Buyer: 10.3%
Purchase: 10.3%
Pre-approval: 2.6%
Equity Mortgage: 2.6%
Variable Rate: 2.6%
 
Total Application Types Found: 9
 Duncan Mortgage Product Popularity Pie Chart

Age Demographics for Duncan Originated Mortgages

Average age: 37
Oldest age: 66
Youngest age: 20


Incomes for Duncan Originated Mortgages

The following figures show the average income of people living in Duncan who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Duncan: $49,042.11
applicants within all of Canada: $59,498.47
Difference: ($10,456.35)
  
mortgage co-applicants in Duncan: $33,345.10
co-applicants within all of Canada: $42,403.13
Difference: ($9,058.03)

Note: Commercial Mortgage loans were not included for this survey, only home loans were used.

Residential Status for Duncan Mortgage Applicants

The table and pie chart below represents the residential status of people living in Duncan who have applied for a mortgage using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 41.0%
Own: 38.5%
Other: 5.1%
No Comment: 12.8%
Live with parents: 2.6%
Duncan Residential Status Pie Chart

Marital Status for Duncan Mortgage Applicants

The pie chart below represents the marital status of applicants from Duncan, British Columbia using the online mortgage application located at the CanEquity web site. In Duncan, 46% of the mortgage applicants are living common-law or married, while only 53% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 43.6%
Married: 33.3%
Common-law: 12.8%
Divorced: 7.7%
Separated: 2.6%
Duncan Marital Status Pie Chart