Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 40.00% | 0.01% |
| 2010: | 10.00% | 0.00% |
| 2009: | 5.00% | 0.00% |
| 2008: | 15.00% | 0.01% |
| 2007: | 10.00% | 0.00% |
| 2006: | 5.00% | 0.00% |
| 2005: | 10.00% | 0.00% |
| 2004: | 5.00% | 0.00% |
Tumbler Ridge mortgage applications are received 24 hours a day from our web site. The time periods below indicates the peak hours in the day. The data is taken from all days of all years. Only 25.0% of all mortgages are received during the morning, while 65.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 10.0% |
| 08:00 to 08:59: | 5.0% |
| 11:00 to 11:59: | 20.0% |
| 12:00 to 12:59: | 15.0% |
| 13:00 to 13:59: | 5.0% |
| 15:00 to 15:59: | 5.0% |
| 16:00 to 16:59: | 10.0% |
| 19:00 to 19:59: | 20.0% |
| 20:00 to 20:59: | 5.0% |
| 22:00 to 22:59: | 5.0% |
| 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 | |
|---|---|---|
| 056: | CRESTON, BC | 0.042% |
| 057: | FORT NELSON, BC | 0.040% |
| 058: | SMITHERS, BC | 0.038% |
| 059: | SIDNEY, BC | 0.038% |
| 060: | GOLDEN, BC | 0.038% |
| 061: | TUMBLER RIDGE, BC | 0.038% |
| 062: | WEST VANCOUVER, BC | 0.038% |
| 063: | AGASSIZ, BC | 0.036% |
| 064: | GIBSONS, BC | 0.036% |
| 065: | SUMMERLAND, BC | 0.034% |
| 066: | SALT SPRING ISLAND, BC | 0.032% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.0% | |
| No Money Down: | 20.0% | |
| Purchase: | 20.0% | |
| Refinance: | 15.0% | |
| Commercial: | 5.0% | |
| Second Mortgage: | 5.0% | |
| Renewal: | 5.0% | |
| Short Term Open: | 5.0% | |
| Total Application Types Found: 8 | ||
Average age: 36
Oldest age: 54
Youngest age: 21
The following depicts the average income of people living in Tumbler Ridge who have applied for a mortgage loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Tumbler Ridge: | $83,325.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $23,826.53 |
Since the average income of Tumbler Ridge is much higher than our Canadian national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Tumbler Ridge: | $90,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $30,501.53 |
The information below represents the residential status of people living in Tumbler Ridge who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 20.0% | |
| Own: | 65.0% | |
| Other: | 15.0% |
The information below shows the marital status of applicants from Tumbler Ridge, British Columbia using the mortgage application found on canequity.com. In Tumbler Ridge, approximately 75% of the mortgage applicants are either married or living common-law, while only 25% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Common-law: | 25.0% | |
| Single: | 20.0% | |
| Separated: | 5.0% |
