Last report update for Duncan: Wednesday, March 17, 2010
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Duncan Mortgage
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Duncan Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Duncan

Year Year to Year
Comparison
** National
Contribution
2010: * 2.86% * 0.00%
2008: 8.57% 0.01%
2007: 28.57% 0.02%
2006: 8.57% 0.01%
2005: 11.43% 0.01%
2004: 14.29% 0.01%
2003: 11.43% 0.01%
2002: 14.29% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 11.43% and 0.01% respectively. ** Total national contribution of Duncan mortgages in the past is currently 0.08% with a projected target of 0.09%.

Busy Days for Online Mortgages within Duncan

The information listed below shows the busy days for online mortgage applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Duncan the busiest day, with 22.86% of all applications, is Wednesday. In comparison, Friday's are the slowest day with only 8.57% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 22.9%
2: Monday: 20.0%
3: Tuesday: 14.3%
4: Saturday: 11.4%
5: Thursday: 11.4%
6: Sunday: 11.4%
7: Friday: 8.6%
Busy Days Report for Duncan Mortgages

Peak Hours for Applicants within Duncan

In Duncan, mortgages are received 24 hours a day from the CanEquity web site. The statistics shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 5.7%
09:00 to 09:59: 2.9%
10:00 to 10:59: 11.4%
11:00 to 11:59: 14.3%
13:00 to 13:59: 2.9%
14:00 to 14:59: 11.4%
15:00 to 15:59: 11.4%
16:00 to 16:59: 5.7%
17:00 to 17:59: 8.6%
18:00 to 18:59: 5.7%
21:00 to 21:59: 8.6%
22:00 to 22:59: 2.9%
23:00 to 23:59: 8.6%
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: 21.10%
British Columbia 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Duncan Mortgages

Current City Standing within British Columbia


Location Contribution
022:  PORT ALBERNI, BC 0.103%
023:  CAMPBELL RIVER, BC 0.099%
024:  COURTENAY, BC 0.092%
025:  PORT COQUITLAM, BC 0.092%
026:  SALMON ARM, BC 0.085%
027:  DUNCAN, BC 0.082%
028:  MISSION, BC 0.082%
029:  TERRACE, BC 0.080%
030:  WESTBANK, BC 0.080%
031:  CRANBROOK, BC 0.077%
032:  NELSON, BC 0.077%

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: 28.6%
Refinance: 20.0%
No Money Down: 14.3%
Renewal: 14.3%
First-time Buyer: 11.4%
Pre-approval: 2.9%
Purchase: 2.9%
Equity Mortgage: 2.9%
Variable Rate: 2.9%
 
Total Application Types Found: 9
 Duncan Mortgage Product Popularity Pie Chart

Age Demographics for Duncan Originated Mortgages

Average age: 37
Oldest age: 64
Youngest age: 21


Incomes for Duncan Originated Mortgages

The figures below represent the average income of applicants living in Duncan who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Duncan: $50,233.56
applicants within all of Canada: $58,582.39
Difference: ($8,348.82)
  
mortgage co-applicants in Duncan: $33,345.10
co-applicants within all of Canada: $41,225.82
Difference: ($7,880.72)

Note: Commercial Mortgages were not included for this report, only residential mortgage loans were used.

Residential Status for Duncan Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Duncan who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 40.0%
Other: 5.7%
No Comment: 14.3%
Duncan Residential Status Pie Chart

Marital Status for Duncan Mortgage Applicants

The following table and pie chart represents the marital status of applicants from Duncan, British Columbia using the mortgage preapproval application found on the CanEquity Mortgage web site. Approximately 48% of the mortgage applicants are living common-law or married, while only 51% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 42.9%
Married: 37.1%
Common-law: 11.4%
Divorced: 5.7%
Separated: 2.9%
Duncan Marital Status Pie Chart