Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Powell River: Wednesday, February 8, 2012   
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Powell River Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Powell River

Year Year to Year
Comparison
** National
Contribution
2011: 8.70% 0.00%
2010: 4.35% 0.00%
2009: 21.74% 0.01%
2008: 13.04% 0.01%
2007: 8.70% 0.00%
2006: 8.70% 0.00%
2005: 4.35% 0.00%
2004: 13.04% 0.01%
2003: 8.70% 0.00%
2002: 8.70% 0.00%

Note: ** Total national contribution of Powell River mortgages in the past is currently 0.04% with a projected target of 0.04%.

Peak Hours for Originated Mortgages within Powell River

Applications are received 24 hours a day from the CanEquity web site. The following represents the peak hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
08:00 to 08:59: 4.3%
09:00 to 09:59: 8.7%
10:00 to 10:59: 4.3%
12:00 to 12:59: 17.4%
13:00 to 13:59: 13.0%
14:00 to 14:59: 8.7%
15:00 to 15:59: 4.3%
16:00 to 16:59: 4.3%
17:00 to 17:59: 13.0%
20:00 to 20:59: 4.3%
21:00 to 21:59: 13.0%
22:00 to 22:59: 4.3%
Peak Hours Graph for Mortgages in Powell River

Note: Only hours that have had mortgages from Powell River, British Columbia are shown.

British Columbia Mortgage Originations Compared to all other Provinces


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%
Powell River Mortgages

Current City Standing within British Columbia


Location Contribution
048:  COMOX, BC 0.045%
049:  SPARWOOD, BC 0.045%
050:  KITIMAT, BC 0.043%
051:  PRINCE RUPERT, BC 0.043%
052:  PITT MEADOWS, BC 0.043%
053:  POWELL RIVER, BC 0.043%
054:  WHITE ROCK, BC 0.042%
055:  ALDERGROVE, BC 0.042%
056:  CRESTON, BC 0.042%
057:  FORT NELSON, BC 0.040%
058:  SMITHERS, BC 0.038%

Nearest Settlements


1Halfmoon Bay, British Columbia
2Sechelt, British Columbia
3Roberts Creek, British Columbia
4Bowen Island, British Columbia
5Gibsons, British Columbia


Product Popularity for Powell River


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 30.4%
First-time Buyer: 21.7%
Refinance: 17.4%
Purchase: 8.7%
No Money Down: 4.3%
Renewal: 4.3%
Equity Mortgage: 4.3%
Investment: 4.3%
HELOC: 4.3%
 
Total Application Types Found: 9
 Powell River Mortgage Product Popularity Pie Chart

Age Demographics for Powell River Mortgages

Average age: 38
Oldest age: 66
Youngest age: 21


Incomes for Powell River Mortgages

The figures below represent the average income of Canadians living in Powell River who have applied for a home loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Powell River: $67,619.05
applicants within all of Canada: $59,498.47
Difference: $8,120.58
  
mortgage co-applicants in Powell River: $29,857.14
co-applicants within all of Canada: $42,403.13
Difference: ($12,545.99)

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loan amounts from Powell River, British Columbia were used.

Residential Status for Powell River Mortgages

The information shown below represents the residential status of people living in Powell River who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 34.8%
Own: 56.5%
No Comment: 8.7%
Powell River Residential Status Pie Chart

Marital Status for Powell River Mortgages

The following information represents the marital status of applicants from Powell River, British Columbia using the mortgage preapproval application located at canequity.com. In Powell River, 78% of the mortgage applicants are either married or living common-law, while only 21% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.9%
Common-law: 17.4%
Divorced: 13.0%
Single: 8.7%
Powell River Marital Status Pie Chart