Last report update for Kitimat: Wednesday, March 17, 2010
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Kitimat Mortgage
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Terrace
Thornhill


Kitimat Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Kitimat

Year Year to Year
Comparison
** National
Contribution
2010: * 4.35% * 0.00%
2009: 30.43% 0.02%
2008: 8.70% 0.01%
2007: 4.35% 0.00%
2006: 17.39% 0.01%
2005: 13.04% 0.01%
2004: 4.35% 0.00%
2003: 8.70% 0.01%
2002: 8.70% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 17.39% and 0.01% respectively. ** Total national contribution of Kitimat mortgages in the past is currently 0.05% with a projected target of 0.06%.

Peak Hours for Applicants within Kitimat

Kitimat mortgage applications are received 24 hours a day on the CanEquity web site. The statistics shown below represents the rush 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: 4.3%
02:00 to 02:59: 4.3%
09:00 to 09:59: 4.3%
11:00 to 11:59: 13.0%
12:00 to 12:59: 17.4%
14:00 to 14:59: 4.3%
16:00 to 16:59: 4.3%
17:00 to 17:59: 4.3%
18:00 to 18:59: 8.7%
19:00 to 19:59: 4.3%
20:00 to 20:59: 8.7%
21:00 to 21:59: 8.7%
22:00 to 22:59: 8.7%
23:00 to 23:59: 4.3%
Peak Hours Graph for Mortgages in Kitimat

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

Current City Standing within British Columbia


Location Contribution
035:  PARKSVILLE, BC 0.061%
036:  REVELSTOKE, BC 0.059%
037:  SECHELT, BC 0.056%
038:  LADYSMITH, BC 0.056%
039:  SOOKE, BC 0.056%
040:  KITIMAT, BC 0.054%
041:  KIMBERLEY, BC 0.052%
042:  SQUAMISH, BC 0.049%
043:  PITT MEADOWS, BC 0.049%
044:  CASTLEGAR, BC 0.049%
045:  POWELL RIVER, BC 0.047%

Nearest Settlements


1Terrace, British Columbia
2Thornhill, British Columbia


Product Popularity for Kitimat


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 21.7%
Refinance: 17.4%
First-time Buyer: 13.0%
Renewal: 13.0%
Purchase: 13.0%
No Money Down: 8.7%
Commercial: 4.3%
Equity Mortgage: 4.3%
Variable Rate: 4.3%
 
Total Application Types Found: 9
 Kitimat Mortgage Product Popularity Pie Chart

Age Demographics for Kitimat Mortgage Applicants

Average age: 40
Oldest age: 59
Youngest age: 26


Incomes for Kitimat Mortgage Applicants

The following depicts the average income of applicants living in Kitimat who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Kitimat: $71,399.59
applicants within all of Canada: $58,582.39
Difference: $12,817.21
  
mortgage co-applicants in Kitimat: $37,300.00
co-applicants within all of Canada: $41,225.82
Difference: ($3,925.82)

Note: Commercial Mortgage loans were not included for this report, only home loans from Kitimat, British Columbia were used.

Residential Status for Kitimat Based Mortgages

The information below represents the residential status of people living in Kitimat 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: 34.8%
Own: 60.9%
No Comment: 4.3%
Kitimat Residential Status Pie Chart

Marital Statistics for Kitimat Based Mortgages

The following information represents the marital status of applicants from Kitimat, British Columbia using the online mortgage application found at canequity.com. In Kitimat, over 78% of the mortgage applicants are either married or living common-law, while only 21% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 65.2%
Common-law: 13.0%
Single: 13.0%
Divorced: 8.7%
Kitimat Marital Status Pie Chart