Last report update for Parksville: Friday, May 16, 2008
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Parksville Mortgage
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Related Links:
Comox
Cumberland
Denman Island
Errington
Gabriola
Lazo
Nanaimo
Nanoose Bay
Port Alberni
Qualicum Beach

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Parksville Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Parksville

Year Year to Year
Comparison
** National
Contribution
2008: * 5.00% * 0.00%
2006: 25.00% 0.02%
2005: 5.00% 0.00%
2004: 15.00% 0.01%
2003: 10.00% 0.01%
2002: 40.00% 0.03%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 10.00% and 0.01% respectively. ** Total national contribution of Parksville mortgages in the past is currently 0.07% with a projected target of 0.07%.

Peak Hours for Mortgages within Parksville

In Parksville, mortgages are received 24 hours a day from our web site. The graph 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
03:00 to 03:59: 5.0%
09:00 to 09:59: 5.0%
10:00 to 10:59: 10.0%
12:00 to 12:59: 5.0%
14:00 to 14:59: 5.0%
15:00 to 15:59: 15.0%
16:00 to 16:59: 10.0%
18:00 to 18:59: 5.0%
21:00 to 21:59: 15.0%
22:00 to 22:59: 10.0%
23:00 to 23:59: 15.0%
Peak Hours Graph for Mortgages in Parksville

Note: Only hours that have had mortgages from Parksville, British Columbia are shown.

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
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%
Parksville Mortgages

Current City Standing within British Columbia


Location Contribution
031:  CRANBROOK, BC 0.079%
032:  TERRACE, BC 0.073%
033:  SECHELT, BC 0.069%
034:  LADYSMITH, BC 0.069%
035:  SOOKE, BC 0.066%
036:  PARKSVILLE, BC 0.066%
037:  WILLIAMS LAKE, BC 0.063%
038:  REVELSTOKE, BC 0.059%
039:  WHITE ROCK, BC 0.056%
040:  CASTLEGAR, BC 0.056%
041:  SIDNEY, BC 0.053%

Nearest Settlements


1Qualicum Beach, British Columbia
2Nanoose Bay, British Columbia
3Denman Island, British Columbia
4Cumberland, British Columbia
5Errington, British Columbia
6Gabriola, British Columbia
7Lazo, British Columbia
8Nanaimo, British Columbia
9Comox, British Columbia
10Port Alberni, British Columbia
11Courtenay, British Columbia
12Port Mcneill, British Columbia
13Ladysmith, British Columbia
14Black Creek, British Columbia
15Chemainus, British Columbia


Product Popularity for Parksville


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 25.0%
First-time Buyer: 20.0%
Qualification: 15.0%
Variable Rate: 15.0%
No Money Down: 10.0%
Fixed Rate: 5.0%
Purchase: 5.0%
Pre-approval: 5.0%
 
Total Application Types Found: 8
 Parksville Mortgage Product Popularity Pie Chart

Age Demographics for Parksville Based Mortgages

Average age: 45
Oldest age: 59
Youngest age: 28


Incomes for Parksville Based Mortgages

The following figures show the average income of people living in Parksville who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Parksville: $50,054.11
applicants within all of Canada: $56,403.93
Difference: ($6,349.82)
  
mortgage co-applicants in Parksville: $28,500.00
co-applicants within all of Canada: $39,395.85
Difference: ($10,895.85)

Note: Commercial loan amounts were not included for this section, only residential loans amounts were used.

Residential Status for Parksville Originated Mortgages

The table and pie chart below represents the residential status of people living in Parksville who have applied for a mortgage using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 30.0%
Own: 45.0%
Other: 5.0%
No Comment: 20.0%
Parksville Residential Status Pie Chart

Marital Status for Parksville Originated Mortgages

The pie chart below represents the marital status of applicants from Parksville, British Columbia using the mortgage preapproval application found on canequity.com. Approximately 60% of the mortgage applicants are living together with someone, while only 40% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.0%
Single: 25.0%
Separated: 10.0%
Divorced: 5.0%
Parksville Marital Status Pie Chart