Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 14.29% | * 0.01% |
| 2009: | 11.90% | 0.01% |
| 2008: | 14.29% | 0.01% |
| 2007: | 9.52% | 0.01% |
| 2006: | 21.43% | 0.02% |
| 2005: | 4.76% | 0.00% |
| 2004: | 7.14% | 0.01% |
| 2003: | 7.14% | 0.01% |
| 2002: | 9.52% | 0.01% |
The bar graph listed below compares the busy days for mortgage inquiries that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Port Coquitlam the busiest day, with 21.43% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 7.14% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 21.4% | |
| 2: | Monday: | 19.1% | |
| 3: | Tuesday: | 19.1% | |
| 4: | Friday: | 11.9% | |
| 5: | Sunday: | 11.9% | |
| 6: | Thursday: | 9.5% | |
| 7: | Saturday: | 7.1% |
In Port Coquitlam, applications are received 24 hours a day on the CanEquity web site. The information shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 21.4% of all mortgages are received before noon, while 71.4% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.4% |
| 01:00 to 01:59: | 4.8% |
| 03:00 to 03:59: | 2.4% |
| 07:00 to 07:59: | 2.4% |
| 08:00 to 08:59: | 2.4% |
| 09:00 to 09:59: | 2.4% |
| 10:00 to 10:59: | 7.1% |
| 11:00 to 11:59: | 4.8% |
| 12:00 to 12:59: | 4.8% |
| 14:00 to 14:59: | 4.8% |
| 15:00 to 15:59: | 14.3% |
| 16:00 to 16:59: | 4.8% |
| 17:00 to 17:59: | 2.4% |
| 18:00 to 18:59: | 14.3% |
| 20:00 to 20:59: | 7.1% |
| 22:00 to 22:59: | 7.1% |
| 23:00 to 23:59: | 11.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.21% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 019: | NEW WESTMINSTER, BC | 0.171% |
| 020: | DAWSON CREEK, BC | 0.114% |
| 021: | PENTICTON, BC | 0.108% |
| 022: | PORT ALBERNI, BC | 0.101% |
| 023: | CAMPBELL RIVER, BC | 0.099% |
| 024: | PORT COQUITLAM, BC | 0.092% |
| 025: | SALMON ARM, BC | 0.088% |
| 026: | COURTENAY, BC | 0.086% |
| 027: | TERRACE, BC | 0.083% |
| 028: | WESTBANK, BC | 0.081% |
| 029: | MISSION, BC | 0.081% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 19.0% | |
| Refinance: | 19.0% | |
| No Money Down: | 9.5% | |
| First-time Buyer: | 9.5% | |
| Renewal: | 9.5% | |
| Purchase: | 9.5% | |
| Equity Mortgage: | 7.1% | |
| Investment: | 4.8% | |
| Variable Rate: | 4.8% | |
| Pre-approval: | 2.4% | |
| Commercial: | 2.4% | |
| Second Mortgage: | 2.4% | |
| Total Application Types Found: 12 | ||
Average age: 40
Oldest age: 67
Youngest age: 19
The figures below represent the average income of people living in Port Coquitlam who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Coquitlam: | $62,933.45 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | $3,983.32 |
| mortgage co-applicants in Port Coquitlam: | $28,775.00 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | ($12,742.38) |
The table and pie chart below represents the residential status of people living in Port Coquitlam who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 31.0% | |
| Own: | 54.8% | |
| Other: | 2.4% | |
| No Comment: | 4.8% | |
| Live with parents: | 7.1% |
The following table and pie chart represents the marital status of applicants from Port Coquitlam, British Columbia using the preapproval application located at the CanEquity web site. In Port Coquitlam, approximately 64% of the mortgage applicants are living together with someone, while only 35% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 52.4% | |
| Single: | 23.8% | |
| Common-law: | 11.9% | |
| Divorced: | 7.1% | |
| Separated: | 4.8% |
