Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 4.35% | 0.00% |
| 2010: | 8.70% | 0.00% |
| 2009: | 39.13% | 0.02% |
| 2008: | 8.70% | 0.00% |
| 2007: | 8.70% | 0.00% |
| 2006: | 4.35% | 0.00% |
| 2004: | 13.04% | 0.01% |
| 2003: | 4.35% | 0.00% |
| 2002: | 8.70% | 0.00% |
In Pitt Meadows, applications are received 24 hours a day via the CanEquity web site. The following indicates the busy hours in the day. The data is taken from all days of all years. Only 17.4% of all mortgages are received during the morning, while 82.6% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 4.3% |
| 10:00 to 10:59: | 4.3% |
| 11:00 to 11:59: | 8.7% |
| 12:00 to 12:59: | 4.3% |
| 13:00 to 13:59: | 8.7% |
| 14:00 to 14:59: | 17.4% |
| 15:00 to 15:59: | 4.3% |
| 16:00 to 16:59: | 8.7% |
| 17:00 to 17:59: | 8.7% |
| 18:00 to 18:59: | 8.7% |
| 20:00 to 20:59: | 8.7% |
| 22:00 to 22:59: | 4.3% |
| 23:00 to 23:59: | 8.7% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 047: | MERRITT, BC | 0.047% |
| 048: | COMOX, BC | 0.045% |
| 049: | SPARWOOD, BC | 0.045% |
| 050: | KITIMAT, BC | 0.043% |
| 051: | PRINCE RUPERT, BC | 0.043% |
| 052: | PITT MEADOWS, BC | 0.043% |
| 053: | POWELL RIVER, BC | 0.043% |
| 054: | WHITE ROCK, BC | 0.042% |
| 055: | ALDERGROVE, BC | 0.042% |
| 056: | CRESTON, BC | 0.042% |
| 057: | FORT NELSON, BC | 0.040% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 21.7% | |
| No Money Down: | 13.0% | |
| Pre-approval: | 13.0% | |
| First-time Buyer: | 13.0% | |
| Renewal: | 13.0% | |
| Purchase: | 8.7% | |
| Refinance: | 8.7% | |
| Variable Rate: | 8.7% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 67
Youngest age: 22
The amounts shown below represent the average income of applicants living in Pitt Meadows who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Pitt Meadows: | $57,055.05 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($2,443.42) |
| mortgage co-applicants in Pitt Meadows: | $30,864.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($11,539.13) |
The information shown below represents the residential status of people living in Pitt Meadows who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 43.5% | |
| Own: | 47.8% | |
| Other: | 4.3% | |
| Live with parents: | 4.3% |
The following table and pie chart represents the marital status of applicants from Pitt Meadows, British Columbia using the mortgage application found on the CanEquity Mortgage web site. In Pitt Meadows, over 69% of the mortgage applicants are either married or living common-law, while only 30% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.8% | |
| Single: | 30.4% | |
| Common-law: | 21.7% |
