Prince George Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 5.17% | * 0.01% |
| 2009: | 20.69% | 0.06% |
| 2008: | 4.31% | 0.01% |
| 2007: | 10.35% | 0.03% |
| 2006: | 20.69% | 0.06% |
| 2005: | 10.35% | 0.03% |
| 2004: | 13.79% | 0.04% |
| 2003: | 10.35% | 0.03% |
| 2002: | 4.31% | 0.01% |
The following shows the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Prince George occur during our first quarter (represented by the brown bars) with 34.48% while our slowest is the fourth quarter (represented by the red bars) with 18.97%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 12.1% | |
| 2: | January: | 11.2% | |
| 3: | March: | 11.2% | |
| 4: | June: | 11.2% | |
| 5: | November: | 10.3% | |
| 6: | July: | 8.6% | |
| 7: | September: | 7.8% | |
| 8: | April: | 6.9% | |
| 9: | May: | 6.0% | |
| 10: | August: | 6.0% | |
| 11: | December: | 4.3% | |
| 12: | October: | 4.3% |
The bar graph below plots the busy days for mortgage inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Prince George the most busy day of the week, with 26.72% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 6.90% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 26.7% | |
| 2: | Sunday: | 15.5% | |
| 3: | Tuesday: | 14.7% | |
| 4: | Friday: | 12.9% | |
| 5: | Thursday: | 12.1% | |
| 6: | Wednesday: | 11.2% | |
| 7: | Saturday: | 6.9% |
Prince George mortgage applications are received 24 hours a day from our web site. The report shown below indicates the rush hours in the day. The data is taken from all days of all years. Only 16.4% of all mortgages are received before noon, while 80.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.6% |
| 01:00 to 01:59: | 0.9% |
| 03:00 to 03:59: | 0.9% |
| 09:00 to 09:59: | 1.7% |
| 10:00 to 10:59: | 5.2% |
| 11:00 to 11:59: | 8.6% |
| 12:00 to 12:59: | 5.2% |
| 13:00 to 13:59: | 12.1% |
| 14:00 to 14:59: | 12.9% |
| 15:00 to 15:59: | 8.6% |
| 16:00 to 16:59: | 7.8% |
| 17:00 to 17:59: | 6.9% |
| 18:00 to 18:59: | 6.9% |
| 19:00 to 19:59: | 3.4% |
| 20:00 to 20:59: | 4.3% |
| 21:00 to 21:59: | 5.2% |
| 22:00 to 22:59: | 6.0% |
| 23:00 to 23:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 003: | VICTORIA, BC | 0.728% |
| 004: | BURNABY, BC | 0.359% |
| 005: | KELOWNA, BC | 0.333% |
| 006: | ABBOTSFORD, BC | 0.303% |
| 007: | CHILLIWACK, BC | 0.275% |
| 008: | PRINCE GEORGE, BC | 0.272% |
| 009: | RICHMOND, BC | 0.270% |
| 010: | KAMLOOPS, BC | 0.265% |
| 011: | NORTH VANCOUVER, BC | 0.258% |
| 012: | COQUITLAM, BC | 0.254% |
| 013: | FORT ST JOHN, BC | 0.235% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 28.4% | |
| First-time Buyer: | 20.7% | |
| No Money Down: | 13.8% | |
| Renewal: | 13.8% | |
| Refinance: | 13.8% | |
| Purchase: | 6.9% | |
| Pre-approval: | 1.7% | |
| Low Doc: | 0.9% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 66
Youngest age: 22
The following depicts the average income of people living in Prince George who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Prince George: | $51,749.29 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($6,833.09) |
| mortgage co-applicants in Prince George: | $39,218.55 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($2,007.27) |
The table and pie chart below represents the residential status of people living in Prince George who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 54.3% | |
| Own: | 41.4% | |
| No Comment: | 1.7% | |
| Live with parents: | 2.6% |
The following table and pie chart represents the marital status of applicants from Prince George, British Columbia using the mortgage preapproval application located at the CanEquity web site. In Prince George, 67% of the mortgage applicants are living common-law or married, while only 30% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 25.0% | |
| Common-law: | 17.2% | |
| Separated: | 3.4% | |
| Widowed: | 2.6% | |
| Divorced: | 1.7% |
