Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 14.94% | 0.04% |
| 2010: | 13.64% | 0.04% |
| 2009: | 15.58% | 0.04% |
| 2008: | 3.25% | 0.01% |
| 2007: | 7.79% | 0.02% |
| 2006: | 15.58% | 0.04% |
| 2005: | 7.79% | 0.02% |
| 2004: | 10.39% | 0.03% |
| 2003: | 7.79% | 0.02% |
| 2002: | 3.25% | 0.01% |
The bar graph below shows the individual monthly volume history for Internet mortgage pre-approval applications originating from Prince George, BC.
The 6-year bar graph below displays the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Prince George mostly occur during our first quarter (represented by the brown bars) with 29.87% while our slowest is the fourth quarter (represented by the red bars) with 21.43%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 11.7% | |
| 2: | June: | 10.4% | |
| 3: | January: | 9.1% | |
| 4: | March: | 9.1% | |
| 5: | November: | 8.4% | |
| 6: | October: | 8.4% | |
| 7: | September: | 8.4% | |
| 8: | April: | 7.8% | |
| 9: | July: | 7.8% | |
| 10: | May: | 7.1% | |
| 11: | August: | 7.1% | |
| 12: | December: | 4.5% |
The information listed below compares the busy days for online applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Prince George the busiest day, with approximately 24.68% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 8.44% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 24.7% | |
| 2: | Tuesday: | 14.3% | |
| 3: | Sunday: | 13.6% | |
| 4: | Friday: | 13.0% | |
| 5: | Wednesday: | 13.0% | |
| 6: | Thursday: | 13.0% | |
| 7: | Saturday: | 8.4% |
In Prince George, mortgages are received 24 hours a day via the CanEquity web site. The following indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 17.5% of all mortgages are received during the morning, while 79.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.9% |
| 01:00 to 01:59: | 1.3% |
| 03:00 to 03:59: | 0.6% |
| 09:00 to 09:59: | 1.9% |
| 10:00 to 10:59: | 5.2% |
| 11:00 to 11:59: | 9.7% |
| 12:00 to 12:59: | 5.8% |
| 13:00 to 13:59: | 10.4% |
| 14:00 to 14:59: | 11.0% |
| 15:00 to 15:59: | 7.8% |
| 16:00 to 16:59: | 6.5% |
| 17:00 to 17:59: | 7.8% |
| 18:00 to 18:59: | 5.8% |
| 19:00 to 19:59: | 4.5% |
| 20:00 to 20:59: | 4.5% |
| 21:00 to 21:59: | 5.8% |
| 22:00 to 22:59: | 6.5% |
| 23:00 to 23:59: | 2.6% |
| 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 | |
|---|---|---|
| 002: | SURREY, BC | 0.715% |
| 003: | VICTORIA, BC | 0.664% |
| 004: | KELOWNA, BC | 0.327% |
| 005: | BURNABY, BC | 0.327% |
| 006: | ABBOTSFORD, BC | 0.294% |
| 007: | PRINCE GEORGE, BC | 0.291% |
| 008: | RICHMOND, BC | 0.277% |
| 009: | KAMLOOPS, BC | 0.264% |
| 010: | CHILLIWACK, BC | 0.262% |
| 011: | FORT ST JOHN, BC | 0.247% |
| 012: | COQUITLAM, BC | 0.234% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 32.5% | |
| First-time Buyer: | 18.2% | |
| Purchase: | 13.6% | |
| No Money Down: | 11.7% | |
| Renewal: | 10.4% | |
| Refinance: | 10.4% | |
| Pre-approval: | 1.3% | |
| Commercial: | 1.3% | |
| Other: | 0.6% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 72
Youngest age: 20
The information below represents the average income of applicants living in Prince George who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Prince George: | $52,993.25 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($6,505.22) |
| mortgage co-applicants in Prince George: | $38,132.79 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($4,270.34) |
The following table represents the residential status of people living in Prince George who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 55.8% | |
| Own: | 36.4% | |
| Other: | 3.2% | |
| No Comment: | 1.9% | |
| Live with parents: | 2.6% |
The pie chart below represents the marital status of applicants from Prince George, British Columbia using the mortgage application found on the CanEquity Mortgage web site. In Prince George, over 66% of the mortgage applicants are living with someone, while only 31% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 49.4% | |
| Single: | 26.6% | |
| Common-law: | 16.9% | |
| Separated: | 3.9% | |
| Widowed: | 1.9% | |
| Divorced: | 1.3% |
