Last report update for Mission: Wednesday, March 17, 2010
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Mission Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Mission

Year Year to Year
Comparison
** National
Contribution
2010: * 2.86% * 0.00%
2008: 14.29% 0.01%
2007: 11.43% 0.01%
2006: 5.71% 0.01%
2005: 14.29% 0.01%
2004: 14.29% 0.01%
2003: 25.71% 0.02%
2002: 11.43% 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 Mission mortgages in the past is currently 0.08% with a projected target of 0.09%.

Busy Days for Mortgage Inquiries within Mission

The information below compares the busy days for online applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Mission the busiest day, with 22.86% of all inquiries, is Thursday. In comparison, Monday's are the slowest day with only 2.86% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Thursday: 22.9%
2: Saturday: 20.0%
3: Friday: 17.1%
4: Wednesday: 17.1%
5: Tuesday: 11.4%
6: Sunday: 8.6%
7: Monday: 2.9%
Busy Days Report for Mission Mortgages

Peak Hours for Originated Mortgages within Mission

Mission mortgage applications are received 24 hours a day via our web site. The statistics shown below indicates the busy hours within 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%
01:00 to 01:59: 2.9%
04:00 to 04:59: 5.7%
11:00 to 11:59: 11.4%
12:00 to 12:59: 17.1%
13:00 to 13:59: 17.1%
14:00 to 14:59: 2.9%
15:00 to 15:59: 2.9%
16:00 to 16:59: 2.9%
17:00 to 17:59: 8.6%
18:00 to 18:59: 2.9%
19:00 to 19:59: 2.9%
21:00 to 21:59: 5.7%
22:00 to 22:59: 2.9%
23:00 to 23:59: 8.6%
Peak Hours Graph for Mortgages in Mission

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

Current City Standing within British Columbia


Location Contribution
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%
033:  WILLIAMS LAKE, BC 0.066%

Nearest Settlements


1Langley, British Columbia
2Haney, British Columbia
3Maple Ridge, British Columbia
4Fort Langley, British Columbia
5Deroche, British Columbia
6Port Coquitlam, British Columbia
7Agassiz, British Columbia
8Chilliwack, British Columbia
9Coquitlam, British Columbia
10Hope, British Columbia
11Pitt Meadows, British Columbia
12Rosedale, British Columbia
13Abbotsford, British Columbia
14Clearbrook, British Columbia
15Aldergrove, British Columbia
16White Rock, British Columbia
17Sardis, British Columbia
18Port Moody, British Columbia


Product Popularity for Mission


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 34.3%
Qualification: 28.6%
Renewal: 17.1%
No Money Down: 11.4%
First-time Buyer: 5.7%
Purchase: 2.9%
 
Total Application Types Found: 6
 Mission Mortgage Product Popularity Pie Chart

Age Demographics for Mission Mortgages

Average age: 39
Oldest age: 57
Youngest age: 23


Incomes for Mission Mortgages

The numbers below represent the average income of applicants living in Mission who have applied for a home loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Mission: $57,483.41
applicants within all of Canada: $58,582.39
Difference: ($1,098.97)
  
mortgage co-applicants in Mission: $50,971.71
co-applicants within all of Canada: $41,225.82
Difference: $9,745.89

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

Residential Status for Mission Mortgages

The following table represents the residential status of people living in Mission who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 17.1%
Own: 65.7%
Other: 5.7%
No Comment: 8.6%
Live with parents: 2.9%
Mission Residential Status Pie Chart

Marital Statistics for Mission Mortgages

The pie chart below represents the marital status of applicants from Mission, British Columbia using the preapproval application found on the CanEquity Mortgage web site. 57% of the mortgage applicants are living common-law or married, while only 42% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 51.4%
Single: 17.1%
Divorced: 14.3%
Separated: 11.4%
Common-law: 5.7%
Mission Marital Status Pie Chart