Nanaimo Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 6.85% | * 0.02% |
| 2007: | 23.29% | 0.06% |
| 2006: | 13.70% | 0.03% |
| 2005: | 19.18% | 0.05% |
| 2004: | 10.96% | 0.03% |
| 2003: | 17.81% | 0.04% |
| 2002: | 8.22% | 0.02% |
The following bar graph represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Nanaimo seem to occur during our first quarter (represented by the brown bars) with 31.51% while our slowest is the fourth quarter (represented by the red bars) with 13.70%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 16.4% | |
| 2: | January: | 13.7% | |
| 3: | September: | 13.7% | |
| 4: | February: | 9.6% | |
| 5: | August: | 8.2% | |
| 6: | March: | 8.2% | |
| 7: | November: | 6.8% | |
| 8: | May: | 6.8% | |
| 9: | July: | 6.8% | |
| 10: | October: | 4.1% | |
| 11: | December: | 2.7% | |
| 12: | June: | 2.7% |
The bar graph listed below plots the busy days for online inquiries that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Nanaimo the most busy day of the week, with 21.92% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.22% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.9% | |
| 2: | Thursday: | 21.9% | |
| 3: | Friday: | 15.1% | |
| 4: | Monday: | 13.7% | |
| 5: | Wednesday: | 11.0% | |
| 6: | Sunday: | 8.2% | |
| 7: | Saturday: | 8.2% |
Applications are received 24 hours a day on our web site. The following represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 23.3% of all mortgages are received during the morning, while 72.6% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.1% |
| 05:00 to 05:59: | 1.4% |
| 08:00 to 08:59: | 1.4% |
| 09:00 to 09:59: | 8.2% |
| 10:00 to 10:59: | 6.8% |
| 11:00 to 11:59: | 5.5% |
| 12:00 to 12:59: | 9.6% |
| 13:00 to 13:59: | 4.1% |
| 14:00 to 14:59: | 6.8% |
| 15:00 to 15:59: | 6.8% |
| 16:00 to 16:59: | 4.1% |
| 17:00 to 17:59: | 5.5% |
| 18:00 to 18:59: | 5.5% |
| 19:00 to 19:59: | 4.1% |
| 20:00 to 20:59: | 5.5% |
| 21:00 to 21:59: | 6.8% |
| 22:00 to 22:59: | 5.5% |
| 23:00 to 23:59: | 8.2% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.46% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.09% |
| Ontario: | 48.63% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 009: | CHILLIWACK, BC | 0.287% |
| 010: | COQUITLAM, BC | 0.281% |
| 011: | PRINCE GEORGE, BC | 0.274% |
| 012: | NORTH VANCOUVER, BC | 0.271% |
| 013: | FORT ST JOHN, BC | 0.251% |
| 014: | NANAIMO, BC | 0.241% |
| 015: | LANGLEY, BC | 0.235% |
| 016: | MAPLE RIDGE, BC | 0.205% |
| 017: | DELTA, BC | 0.192% |
| 018: | NEW WESTMINSTER, BC | 0.178% |
| 019: | VERNON, BC | 0.175% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 31.5% | |
| Qualification: | 24.7% | |
| No Money Down: | 13.7% | |
| Renewal: | 12.3% | |
| First-time Buyer: | 9.6% | |
| Purchase: | 2.7% | |
| Low Doc: | 1.4% | |
| Pre-approval: | 1.4% | |
| Equity Mortgage: | 1.4% | |
| Investment: | 1.4% | |
| Total Application Types Found: 10 | ||
Average age: 40
Oldest age: 69
Youngest age: 19
The following depicts the average income of applicants living in Nanaimo who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Nanaimo: | $48,913.47 |
| applicants within all of Canada: | $56,403.93 |
| Difference: | ($7,490.45) |
| mortgage co-applicants in Nanaimo: | $30,702.23 |
| co-applicants within all of Canada: | $39,395.85 |
| Difference: | ($8,693.62) |
The table and pie chart below represents the residential status of people living in Nanaimo who have applied for a home loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 34.2% | |
| Own: | 58.9% | |
| Other: | 2.7% | |
| No Comment: | 2.7% | |
| Live with parents: | 1.4% |
The pie chart below represents the marital status of applicants from Nanaimo, British Columbia using the mortgage application found on the CanEquity Mortgage web site. Over 60% of the mortgage applicants are living common-law or married, while only 36% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.2% | |
| Single: | 24.7% | |
| Common-law: | 15.1% | |
| Separated: | 8.2% | |
| Divorced: | 4.1% | |
| Widowed: | 2.7% |
