Last report update for Port Alberni: Friday, May 16, 2008
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Chemainus
Cobble Hill
Errington
Gabriola
Ladysmith
Lake Cowichan
Nanaimo
Nanoose Bay
Parksville
Qualicum Beach

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Port Alberni Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Port Alberni

Year Year to Year
Comparison
** National
Contribution
2008: * 6.90% * 0.01%
2007: 31.03% 0.03%
2006: 27.59% 0.03%
2005: 17.24% 0.02%
2004: 6.90% 0.01%
2003: 10.35% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 13.79% and 0.01% respectively. ** Total national contribution of Port Alberni mortgages in the past is currently 0.10% with a projected target of 0.10%.

Busy Days for Mortgages Received within Port Alberni

The graph listed below shows the busy days for online inquiries that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Port Alberni the busiest day of the week, with 31.03% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 3.45% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 31.0%
2: Monday: 24.1%
3: Friday: 13.8%
4: Wednesday: 10.3%
5: Sunday: 10.3%
6: Thursday: 6.9%
7: Saturday: 3.5%
Busy Days Report for Port Alberni Mortgages

Peak Hours for Originated Mortgages within Port Alberni

In Port Alberni, mortgage applications are received 24 hours a day on the CanEquity web site. The report shown below indicates the peak hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
01:00 to 01:59: 3.4%
09:00 to 09:59: 6.9%
10:00 to 10:59: 6.9%
11:00 to 11:59: 6.9%
12:00 to 12:59: 3.4%
13:00 to 13:59: 6.9%
14:00 to 14:59: 6.9%
15:00 to 15:59: 6.9%
16:00 to 16:59: 3.4%
17:00 to 17:59: 6.9%
18:00 to 18:59: 10.3%
19:00 to 19:59: 6.9%
20:00 to 20:59: 3.4%
21:00 to 21:59: 6.9%
22:00 to 22:59: 6.9%
23:00 to 23:59: 6.9%
Peak Hours Graph for Mortgages in Port Alberni

Note: Only hours that have had mortgages from Port Alberni, 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%
Port Alberni Mortgages

Current City Standing within British Columbia


Location Contribution
020:  PENTICTON, BC 0.135%
021:  DAWSON CREEK, BC 0.109%
022:  DUNCAN, BC 0.102%
023:  MISSION, BC 0.102%
024:  SALMON ARM, BC 0.099%
025:  PORT ALBERNI, BC 0.096%
026:  CAMPBELL RIVER, BC 0.096%
027:  PORT COQUITLAM, BC 0.093%
028:  COURTENAY, BC 0.089%
029:  WESTBANK, BC 0.083%
030:  NELSON, BC 0.083%

Nearest Settlements


1Gabriola, British Columbia
2Errington, British Columbia
3Nanoose Bay, British Columbia
4Nanaimo, British Columbia
5Qualicum Beach, British Columbia
6Parksville, British Columbia
7Cobble Hill, British Columbia
8Lake Cowichan, British Columbia
9Ladysmith, British Columbia
10Chemainus, British Columbia
11Denman Island, British Columbia
12Duncan, British Columbia
13Cumberland, British Columbia
14Galiano Island, British Columbia
15Lazo, British Columbia
16Comox, British Columbia


Product Popularity for Port Alberni


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 24.1%
No Money Down: 20.7%
First-time Buyer: 20.7%
Qualification: 17.2%
Renewal: 10.3%
Purchase: 6.9%
 
Total Application Types Found: 6
 Port Alberni Mortgage Product Popularity Pie Chart

Age Demographics for Port Alberni Originated Mortgages

Average age: 37
Oldest age: 58
Youngest age: 19


Incomes for Port Alberni Originated Mortgages

The figures below represent the average income of applicants living in Port Alberni who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Port Alberni: $42,863.63
applicants within all of Canada: $56,403.93
Difference: ($13,540.30)
  
mortgage co-applicants in Port Alberni: $34,648.00
co-applicants within all of Canada: $39,395.85
Difference: ($4,747.85)

Note: Commercial loans were not included for this survey, only residential mortgages from Port Alberni, British Columbia were used.

Residential Status for Port Alberni Mortgage Applicants

The information shown below represents the residential status of people living in Port Alberni who have applied for a mortgage loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 34.5%
Own: 62.1%
Live with parents: 3.4%
Port Alberni Residential Status Pie Chart

Marital Status for Port Alberni Mortgage Applicants

The following pie chart represents the marital status of applicants from Port Alberni, British Columbia using the mortgage application found on canequity.com. In Port Alberni, over 68% of the mortgage applicants are living together with someone, while only 31% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 55.2%
Single: 27.6%
Common-law: 13.8%
Divorced: 3.4%
Port Alberni Marital Status Pie Chart