Nanaimo Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.02% | * 0.01% |
| 2009: | 17.17% | 0.04% |
| 2008: | 12.12% | 0.03% |
| 2007: | 17.17% | 0.04% |
| 2006: | 10.10% | 0.02% |
| 2005: | 14.14% | 0.03% |
| 2004: | 8.08% | 0.02% |
| 2003: | 13.13% | 0.03% |
| 2002: | 6.06% | 0.01% |
The graph below illustrates the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Nanaimo usually occur during our second quarter (represented by the green bars) with 29.29% while our slowest is the fourth quarter (represented by the red bars) with 14.14%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 14.1% | |
| 2: | September: | 13.1% | |
| 3: | January: | 12.1% | |
| 4: | February: | 9.1% | |
| 5: | May: | 8.1% | |
| 6: | July: | 8.1% | |
| 7: | November: | 7.1% | |
| 8: | August: | 7.1% | |
| 9: | March: | 7.1% | |
| 10: | June: | 7.1% | |
| 11: | October: | 4.0% | |
| 12: | December: | 3.0% |
The information below illustrates the busy days for online mortgage applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Nanaimo, the day with the most volume, generating 19.19% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 8.08% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.2% | |
| 2: | Tuesday: | 18.2% | |
| 3: | Thursday: | 17.2% | |
| 4: | Friday: | 14.1% | |
| 5: | Wednesday: | 14.1% | |
| 6: | Saturday: | 9.1% | |
| 7: | Sunday: | 8.1% |
Mortgage applications are received 24 hours a day on our web site. The report shown below represents the peak hours in the day. The data is taken from all days of all years. Only 23.2% of all mortgages are received during the morning, while 72.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.0% |
| 05:00 to 05:59: | 1.0% |
| 08:00 to 08:59: | 1.0% |
| 09:00 to 09:59: | 10.1% |
| 10:00 to 10:59: | 6.1% |
| 11:00 to 11:59: | 5.1% |
| 12:00 to 12:59: | 10.1% |
| 13:00 to 13:59: | 3.0% |
| 14:00 to 14:59: | 5.1% |
| 15:00 to 15:59: | 7.1% |
| 16:00 to 16:59: | 4.0% |
| 17:00 to 17:59: | 8.1% |
| 18:00 to 18:59: | 7.1% |
| 19:00 to 19:59: | 4.0% |
| 20:00 to 20:59: | 5.1% |
| 21:00 to 21:59: | 6.1% |
| 22:00 to 22:59: | 5.1% |
| 23:00 to 23:59: | 8.1% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 009: | RICHMOND, BC | 0.270% |
| 010: | KAMLOOPS, BC | 0.265% |
| 011: | NORTH VANCOUVER, BC | 0.258% |
| 012: | COQUITLAM, BC | 0.254% |
| 013: | FORT ST JOHN, BC | 0.235% |
| 014: | NANAIMO, BC | 0.232% |
| 015: | LANGLEY, BC | 0.232% |
| 016: | MAPLE RIDGE, BC | 0.195% |
| 017: | DELTA, BC | 0.185% |
| 018: | VERNON, BC | 0.181% |
| 019: | NEW WESTMINSTER, BC | 0.171% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 30.3% | |
| Qualification: | 23.2% | |
| No Money Down: | 12.1% | |
| Renewal: | 12.1% | |
| First-time Buyer: | 11.1% | |
| Purchase: | 5.1% | |
| Low Doc: | 3.0% | |
| Pre-approval: | 1.0% | |
| Equity Mortgage: | 1.0% | |
| Investment: | 1.0% | |
| Total Application Types Found: 10 | ||
Average age: 40
Oldest age: 72
Youngest age: 19
The information below represents the average income of Canadians living in Nanaimo who have applied for a home loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Nanaimo: | $49,067.09 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($9,515.29) |
| mortgage co-applicants in Nanaimo: | $30,045.07 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($11,180.75) |
The pie chart below shows the residential status of people living in Nanaimo who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 33.3% | |
| Own: | 59.6% | |
| Other: | 2.0% | |
| No Comment: | 2.0% | |
| Live with parents: | 3.0% |
The information below shows the marital status of applicants from Nanaimo, British Columbia using the online mortgage application found at canequity.com. Approximately 64% of the mortgage applicants are either married or living common-law, while only 33% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.5% | |
| Single: | 22.2% | |
| Common-law: | 14.1% | |
| Separated: | 7.1% | |
| Divorced: | 4.0% | |
| Widowed: | 2.0% |
