Pitt Meadows Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.76% | * 0.00% |
| 2009: | 42.86% | 0.02% |
| 2008: | 9.52% | 0.01% |
| 2007: | 9.52% | 0.01% |
| 2006: | 4.76% | 0.00% |
| 2004: | 14.29% | 0.01% |
| 2003: | 4.76% | 0.00% |
| 2002: | 9.52% | 0.01% |
In Pitt Meadows, inquiries are received 24 hours a day on our web site. The statistics shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 4.8% |
| 10:00 to 10:59: | 4.8% |
| 11:00 to 11:59: | 9.5% |
| 12:00 to 12:59: | 4.8% |
| 13:00 to 13:59: | 9.5% |
| 14:00 to 14:59: | 19.0% |
| 16:00 to 16:59: | 4.8% |
| 17:00 to 17:59: | 9.5% |
| 18:00 to 18:59: | 9.5% |
| 20:00 to 20:59: | 9.5% |
| 22:00 to 22:59: | 4.8% |
| 23:00 to 23:59: | 9.5% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.86% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.11% |
| 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: | 4.15% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 038: | LADYSMITH, BC | 0.056% |
| 039: | SOOKE, BC | 0.056% |
| 040: | KITIMAT, BC | 0.054% |
| 041: | KIMBERLEY, BC | 0.052% |
| 042: | SQUAMISH, BC | 0.049% |
| 043: | PITT MEADOWS, BC | 0.049% |
| 044: | CASTLEGAR, BC | 0.049% |
| 045: | POWELL RIVER, BC | 0.047% |
| 046: | WHITE ROCK, BC | 0.045% |
| 047: | SIDNEY, BC | 0.045% |
| 048: | COMOX, BC | 0.042% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 19.0% | |
| Pre-approval: | 14.3% | |
| First-time Buyer: | 14.3% | |
| Renewal: | 14.3% | |
| No Money Down: | 9.5% | |
| Purchase: | 9.5% | |
| Refinance: | 9.5% | |
| Variable Rate: | 9.5% | |
| Total Application Types Found: 8 | ||
Average age: 38
Oldest age: 67
Youngest age: 22
The numbers below represent the average income of people living in Pitt Meadows who have applied for a home loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Pitt Meadows: | $55,556.28 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($3,036.13) |
| mortgage co-applicants in Pitt Meadows: | $30,864.00 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($10,414.89) |
The pie chart below shows the residential status of people living in Pitt Meadows who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 38.1% | |
| Own: | 52.4% | |
| Other: | 4.8% | |
| Live with parents: | 4.8% |
The following table and pie chart represents the marital status of applicants from Pitt Meadows, British Columbia using the mortgage preapproval application found at the CanEquity web site. In Pitt Meadows, approximately 71% of the mortgage applicants are either married or living common-law, while only 28% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.6% | |
| Single: | 28.6% | |
| Common-law: | 23.8% |
