Terrace Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.94% | * 0.00% |
| 2009: | 26.47% | 0.02% |
| 2008: | 17.65% | 0.01% |
| 2007: | 17.65% | 0.01% |
| 2006: | 8.82% | 0.01% |
| 2004: | 14.71% | 0.01% |
| 2003: | 2.94% | 0.00% |
| 2002: | 8.82% | 0.01% |
The data below compares the busy days for online 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 Terrace, the day with the most volume, generating 20.59% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 5.88% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.6% | |
| 2: | Thursday: | 20.6% | |
| 3: | Monday: | 17.6% | |
| 4: | Wednesday: | 17.6% | |
| 5: | Friday: | 8.8% | |
| 6: | Sunday: | 8.8% | |
| 7: | Saturday: | 5.9% |
In Terrace, mortgage applications are received 24 hours a day on the CanEquity web site. The time periods below represents the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 2.9% |
| 07:00 to 07:59: | 2.9% |
| 08:00 to 08:59: | 2.9% |
| 09:00 to 09:59: | 8.8% |
| 10:00 to 10:59: | 8.8% |
| 11:00 to 11:59: | 2.9% |
| 12:00 to 12:59: | 5.9% |
| 13:00 to 13:59: | 14.7% |
| 14:00 to 14:59: | 11.8% |
| 15:00 to 15:59: | 2.9% |
| 16:00 to 16:59: | 8.8% |
| 17:00 to 17:59: | 5.9% |
| 18:00 to 18:59: | 2.9% |
| 19:00 to 19:59: | 5.9% |
| 20:00 to 20:59: | 2.9% |
| 21:00 to 21:59: | 2.9% |
| 22:00 to 22:59: | 5.9% |
| 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 | |
|---|---|---|
| 024: | COURTENAY, BC | 0.092% |
| 025: | PORT COQUITLAM, BC | 0.092% |
| 026: | SALMON ARM, BC | 0.085% |
| 027: | DUNCAN, BC | 0.082% |
| 028: | MISSION, BC | 0.082% |
| 029: | TERRACE, BC | 0.080% |
| 030: | WESTBANK, BC | 0.080% |
| 031: | CRANBROOK, BC | 0.077% |
| 032: | NELSON, BC | 0.077% |
| 033: | WILLIAMS LAKE, BC | 0.066% |
| 034: | PORT MOODY, BC | 0.066% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 23.5% | |
| Qualification: | 20.6% | |
| No Money Down: | 17.6% | |
| First-time Buyer: | 8.8% | |
| Renewal: | 8.8% | |
| Purchase: | 8.8% | |
| Equity Mortgage: | 5.9% | |
| Pre-approval: | 2.9% | |
| Second Mortgage: | 2.9% | |
| Total Application Types Found: 9 | ||
Average age: 41
Oldest age: 63
Youngest age: 22
The information below represents the average income of people living in Terrace who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Terrace: | $51,580.61 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($7,001.78) |
| mortgage co-applicants in Terrace: | $61,062.50 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $19,836.68 |
The following depicts the residential status of people living in Terrace who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.3% | |
| Own: | 52.9% | |
| Other: | 2.9% | |
| No Comment: | 5.9% | |
| Live with parents: | 2.9% |
The pie chart below represents the marital status of applicants from Terrace, British Columbia using the online mortgage application found at canequity.com. In Terrace, 70% of the mortgage applicants are living together with someone, while only 26% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 52.9% | |
| Single: | 20.6% | |
| Common-law: | 17.6% | |
| Separated: | 5.9% | |
| Widowed: | 2.9% |
