Last report update for Prince Rupert: Tuesday, May 13, 2008
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Prince Rupert Mortgage
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Prince Rupert Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Prince Rupert

Year Year to Year
Comparison
** National
Contribution
2008: * 7.69% * 0.00%
2007: 30.77% 0.01%
2006: 15.39% 0.01%
2005: 30.77% 0.01%
2004: 15.39% 0.01%

Note: * These values are the percentages up to Tuesday, May 13, 2008. Estimated volume targets for the entire 2008 year are 15.38% and 0.01% respectively. ** Total national contribution of Prince Rupert mortgages in the past is currently 0.04% with a projected target of 0.05%.

Current City Standing within British Columbia


Location Contribution
050:  SQUAMISH, BC 0.046%
051:  WEST VANCOUVER, BC 0.046%
052:  SALT SPRING ISLAND, BC 0.043%
053:  KIMBERLEY, BC 0.043%
054:  AGASSIZ, BC 0.043%
055:  PRINCE RUPERT, BC 0.043%
056:  GRAND FORKS, BC 0.040%
057:  COMOX, BC 0.040%
058:  GIBSONS, BC 0.040%
059:  FERNIE, BC 0.040%
060:  SUMMERLAND, BC 0.040%

Product Popularity for Prince Rupert


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 30.8%
First-time Buyer: 15.4%
Refinance: 15.4%
No Money Down: 7.7%
Commercial: 7.7%
Renewal: 7.7%
Purchase: 7.7%
Investment: 7.7%
 
Total Application Types Found: 8
 Prince Rupert Mortgage Product Popularity Pie Chart

Age Demographics for Prince Rupert Mortgage Applicants

Average age: 36
Oldest age: 51
Youngest age: 24


Incomes for Prince Rupert Mortgage Applicants

The following figures show the average income of applicants living in Prince Rupert who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Prince Rupert: $46,046.00
applicants within all of Canada: $56,384.30
Difference: ($10,338.30)
  
mortgage co-applicants in Prince Rupert: $42,125.00
co-applicants within all of Canada: $39,375.53
Difference: $2,749.47

Note: Commercial loans were not included for this survey, only residential mortgages from Prince Rupert, British Columbia were used.

Residential Status for Prince Rupert Mortgages

The following table represents the residential status of people living in Prince Rupert who have applied for a loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 53.8%
Own: 38.5%
Live with parents: 7.7%
Prince Rupert Residential Status Pie Chart

Marital Statistics for Prince Rupert Mortgages

The information below shows the marital status of applicants from Prince Rupert, British Columbia using the online mortgage application found at canequity.com. Approximately 69% of the mortgage applicants are either married or living common-law, while only 30% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 38.5%
Common-law: 30.8%
Single: 30.8%
Prince Rupert Marital Status Pie Chart