Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.67% | 0.01% |
| 2010: | 13.33% | 0.01% |
| 2009: | 11.11% | 0.01% |
| 2008: | 13.33% | 0.01% |
| 2007: | 8.89% | 0.01% |
| 2006: | 20.00% | 0.02% |
| 2005: | 4.44% | 0.00% |
| 2004: | 6.67% | 0.01% |
| 2003: | 6.67% | 0.01% |
| 2002: | 8.89% | 0.01% |
The data below compares the busy days for mortgage applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Port Coquitlam the busiest day, with 22.22% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 8.89% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 22.2% | |
| 2: | Monday: | 17.8% | |
| 3: | Tuesday: | 17.8% | |
| 4: | Friday: | 13.3% | |
| 5: | Sunday: | 11.1% | |
| 6: | Thursday: | 8.9% | |
| 7: | Saturday: | 8.9% |
In Port Coquitlam, mortgage applications are received 24 hours a day via the CanEquity web site. The time periods below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 20.0% of all mortgages are received before noon, while 71.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.4% |
| 01:00 to 01:59: | 4.4% |
| 03:00 to 03:59: | 2.2% |
| 07:00 to 07:59: | 2.2% |
| 08:00 to 08:59: | 2.2% |
| 09:00 to 09:59: | 2.2% |
| 10:00 to 10:59: | 6.7% |
| 11:00 to 11:59: | 4.4% |
| 12:00 to 12:59: | 4.4% |
| 14:00 to 14:59: | 4.4% |
| 15:00 to 15:59: | 13.3% |
| 16:00 to 16:59: | 6.7% |
| 17:00 to 17:59: | 2.2% |
| 18:00 to 18:59: | 13.3% |
| 20:00 to 20:59: | 6.7% |
| 22:00 to 22:59: | 6.7% |
| 23:00 to 23:59: | 13.3% |
| 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 | |
|---|---|---|
| 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% |
| 029: | COURTENAY, BC | 0.079% |
| 030: | MISSION, BC | 0.079% |
| 031: | QUESNEL, BC | 0.076% |
| 032: | DUNCAN, BC | 0.074% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 20.0% | |
| Refinance: | 17.8% | |
| Purchase: | 13.3% | |
| No Money Down: | 8.9% | |
| First-time Buyer: | 8.9% | |
| Renewal: | 8.9% | |
| Equity Mortgage: | 6.7% | |
| Investment: | 4.4% | |
| Variable Rate: | 4.4% | |
| Pre-approval: | 2.2% | |
| Commercial: | 2.2% | |
| Second Mortgage: | 2.2% | |
| Total Application Types Found: 12 | ||
Average age: 40
Oldest age: 67
Youngest age: 19
The numbers below represent the average income of applicants living in Port Coquitlam who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Coquitlam: | $63,659.02 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $4,160.56 |
| mortgage co-applicants in Port Coquitlam: | $31,664.29 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($10,738.84) |
The information shown below represents the residential status of people living in Port Coquitlam who have submitted an inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 31.1% | |
| Own: | 55.6% | |
| Other: | 2.2% | |
| No Comment: | 4.4% | |
| Live with parents: | 6.7% |
The pie chart below represents the marital status of applicants from Port Coquitlam, British Columbia using the preapproval application found on the CanEquity Mortgage web site. In Port Coquitlam, approximately 66% of the mortgage applicants are living common-law or married, while only 33% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.3% | |
| Single: | 22.2% | |
| Common-law: | 13.3% | |
| Divorced: | 6.7% | |
| Separated: | 4.4% |
