Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 4.00% | 0.00% |
| 2010: | 8.00% | 0.01% |
| 2009: | 22.00% | 0.02% |
| 2008: | 12.00% | 0.01% |
| 2007: | 18.00% | 0.02% |
| 2006: | 16.00% | 0.01% |
| 2005: | 10.00% | 0.01% |
| 2004: | 4.00% | 0.00% |
| 2003: | 6.00% | 0.01% |
The bar graph below depicts the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Port Alberni occur during our second quarter (represented by the green bars) with 40.00% while our slowest is the first quarter (represented by the brown bars) with 14.00%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 20.0% | |
| 2: | May: | 14.0% | |
| 3: | July: | 12.0% | |
| 4: | November: | 10.0% | |
| 5: | September: | 10.0% | |
| 6: | January: | 8.0% | |
| 7: | December: | 6.0% | |
| 8: | August: | 6.0% | |
| 9: | June: | 6.0% | |
| 10: | February: | 4.0% | |
| 11: | March: | 2.0% | |
| 12: | October: | 2.0% |
The data below compares the busy days for online mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Port Alberni, the day with the most volume, generating 24.00% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 6.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 24.0% | |
| 2: | Monday: | 20.0% | |
| 3: | Friday: | 16.0% | |
| 4: | Wednesday: | 16.0% | |
| 5: | Sunday: | 10.0% | |
| 6: | Thursday: | 8.0% | |
| 7: | Saturday: | 6.0% |
In Port Alberni, mortgage applications are received 24 hours a day via the CanEquity web site. The statistics 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 |
|---|---|
| 00:00 to 00:59: | 2.0% |
| 01:00 to 01:59: | 2.0% |
| 09:00 to 09:59: | 4.0% |
| 10:00 to 10:59: | 10.0% |
| 11:00 to 11:59: | 8.0% |
| 12:00 to 12:59: | 4.0% |
| 13:00 to 13:59: | 6.0% |
| 14:00 to 14:59: | 4.0% |
| 15:00 to 15:59: | 4.0% |
| 16:00 to 16:59: | 2.0% |
| 17:00 to 17:59: | 6.0% |
| 18:00 to 18:59: | 8.0% |
| 19:00 to 19:59: | 8.0% |
| 20:00 to 20:59: | 6.0% |
| 21:00 to 21:59: | 10.0% |
| 22:00 to 22:59: | 6.0% |
| 23:00 to 23:59: | 10.0% |
| 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 | |
|---|---|---|
| 018: | NEW WESTMINSTER, BC | 0.170% |
| 019: | VERNON, BC | 0.168% |
| 020: | DAWSON CREEK, BC | 0.119% |
| 021: | PENTICTON, BC | 0.100% |
| 022: | CAMPBELL RIVER, BC | 0.100% |
| 023: | PORT ALBERNI, BC | 0.094% |
| 024: | TERRACE, BC | 0.091% |
| 025: | SALMON ARM, BC | 0.089% |
| 026: | NELSON, BC | 0.087% |
| 027: | PORT COQUITLAM, BC | 0.085% |
| 028: | WESTBANK, BC | 0.081% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.0% | |
| Refinance: | 22.0% | |
| No Money Down: | 22.0% | |
| First-time Buyer: | 18.0% | |
| Renewal: | 6.0% | |
| Purchase: | 6.0% | |
| Pre-approval: | 2.0% | |
| Total Application Types Found: 7 | ||
Average age: 39
Oldest age: 70
Youngest age: 19
The figures below represent the average income of Canadians living in Port Alberni who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Alberni: | $44,634.78 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($14,863.68) |
| mortgage co-applicants in Port Alberni: | $34,851.76 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($7,551.37) |
The information below represents the residential status of people living in Port Alberni who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.0% | |
| Own: | 56.0% | |
| Live with parents: | 2.0% |
The pie chart below represents the marital status of applicants from Port Alberni, British Columbia using the preapproval application found at canequity.com. In Port Alberni, over 62% of the mortgage applicants are living together with someone, while only 38% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.0% | |
| Single: | 28.0% | |
| Common-law: | 16.0% | |
| Separated: | 6.0% | |
| Divorced: | 4.0% |
