Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Pitt Meadows: Wednesday, February 8, 2012   
CanEquity Mortgage and Insurance Canada
Canadian Mortgage Rates,
Calculators, News & Insurance
Canadian Mortgage Statistics


Mortgage Stats
Tell a Friend
Rate calculator

Related Links:
Coquitlam
Deroche
Fort Langley
Haney
Langley
Maple Ridge
New Westminster
Port Coquitlam
Port Moody
Surrey

Pitt Meadows Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

Map of Pitt Meadows requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages Received from Pitt Meadows

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%

Note: ** Total national contribution of Pitt Meadows mortgages in the past is currently 0.04% with a projected target of 0.04%.

Peak Hours for Based Mortgages within Pitt Meadows

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%
Peak Hours Graph for Mortgages in Pitt Meadows

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

British Columbia Mortgage Originations Compared to all other Provinces


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%
Pitt Meadows Mortgages

Current City Standing within British Columbia


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%

Nearest Settlements


1Port Coquitlam, British Columbia
2Coquitlam, British Columbia
3Maple Ridge, British Columbia
4Haney, British Columbia
5Port Moody, British Columbia
6Langley, British Columbia
7Fort Langley, British Columbia
8Deroche, British Columbia
9Surrey, British Columbia
10New Westminster, British Columbia
11Mission, British Columbia
12Chilliwack, British Columbia
13Burnaby, British Columbia
14Richmond, British Columbia
15Rosedale, British Columbia
16Abbotsford, British Columbia
17Agassiz, British Columbia
18Clearbrook, British Columbia
19Aldergrove, British Columbia
20North Vancouver, British Columbia
21White Rock, British Columbia
22Sardis, British Columbia
23North Delta, British Columbia
24Delta, British Columbia


Product Popularity for Pitt Meadows


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
 Pitt Meadows Mortgage Product Popularity Pie Chart

Age Demographics for Pitt Meadows Based Mortgages

Average age: 37
Oldest age: 67
Youngest age: 22


Incomes for Pitt Meadows Based Mortgages

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)

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

Residential Status for Pitt Meadows Applicants

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%
Pitt Meadows Residential Status Pie Chart

Marital Statistics for Pitt Meadows Applicants

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%
Pitt Meadows Marital Status Pie Chart