Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Fredericton: Wednesday, February 8, 2012   
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Fredericton Mortgages

New Brunswick Mortgage Statistics, Graphs and Charts

Map of Fredericton requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages from Fredericton

Year Year to Year
Comparison
** National
Contribution
2011: 18.31% 0.05%
2010: 14.09% 0.04%
2009: 13.38% 0.04%
2008: 10.56% 0.03%
2007: 7.75% 0.02%
2006: 8.45% 0.02%
2005: 8.45% 0.02%
2004: 4.93% 0.01%
2003: 13.38% 0.04%
2002: 0.70% 0.00%

Note: ** Total national contribution of Fredericton mortgages in the past is currently 0.27% with a projected target of 0.27%.

Busy Months for Mortgages within Fredericton

The following bar graph depicts the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Fredericton mostly occur during our second quarter (represented by the green bars) with 27.46% while our slowest is the fourth quarter (represented by the red bars) with 21.83%.

RankMonth Percentage
of Inquiries
1: February: 13.4%
2: May: 10.6%
3: October: 10.6%
4: July: 9.9%
5: August: 9.9%
6: January: 8.4%
7: April: 8.4%
8: June: 8.4%
9: November: 7.0%
10: March: 4.9%
11: December: 4.2%
12: September: 4.2%
Busy Months Report for Fredericton Mortgages

Busy Days for Applications within Fredericton

The bar graph below illustrates the busy days for Internet applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Fredericton the busiest day, with approximately 19.72% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 7.75% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Wednesday: 19.7%
2: Monday: 17.6%
3: Sunday: 16.2%
4: Thursday: 15.5%
5: Friday: 12.0%
6: Tuesday: 11.3%
7: Saturday: 7.8%
Busy Days Report for Fredericton Mortgages

Peak Hours for Mortgage Applicants within Fredericton

In Fredericton, mortgage applications are received 24 hours a day via the CanEquity web site. The report shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.4%
04:00 to 04:59: 0.7%
05:00 to 05:59: 4.2%
06:00 to 06:59: 10.6%
07:00 to 07:59: 4.2%
08:00 to 08:59: 6.3%
09:00 to 09:59: 6.3%
10:00 to 10:59: 7.7%
11:00 to 11:59: 4.2%
12:00 to 12:59: 7.0%
13:00 to 13:59: 4.9%
14:00 to 14:59: 4.2%
15:00 to 15:59: 5.6%
16:00 to 16:59: 6.3%
17:00 to 17:59: 5.6%
18:00 to 18:59: 6.3%
19:00 to 19:59: 3.5%
20:00 to 20:59: 4.9%
21:00 to 21:59: 4.2%
22:00 to 22:59: 1.4%
Peak Hours Graph for Mortgages in Fredericton

Note: Only hours that have had mortgages from Fredericton, New Brunswick are shown.

New Brunswick Mortgage Originations Compared to all other Provinces


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%
Fredericton Mortgages

Current City Standing within New Brunswick


Location Contribution
001:  MONCTON, NB 0.323%
002:  SAINT JOHN, NB 0.289%
003:  FREDERICTON, NB 0.268%
004:  RIVERVIEW, NB 0.091%
005:  DIEPPE, NB 0.083%
006:  MIRAMICHI, NB 0.081%
007:  OROMOCTO, NB 0.072%
008:  BATHURST, NB 0.057%

Nearest Settlements


1Oromocto, New Brunswick
2Hanwell, New Brunswick
3Lincoln, New Brunswick
4New Maryland, New Brunswick
5Keswick, New Brunswick
6Burtts Corner, New Brunswick
7Waasis, New Brunswick
8Upper Gagetown, New Brunswick
9Lower Cambridge, New Brunswick
10Minto, New Brunswick
11Boiestown, New Brunswick
12Canterbury, New Brunswick
13Woodstock, New Brunswick
14Kingston, New Brunswick
15Grand Bay-Westfield, New Brunswick
16Douglas, New Brunswick


Product Popularity for Fredericton


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 29.6%
First-time Buyer: 28.2%
No Money Down: 12.0%
Purchase: 12.0%
Refinance: 7.0%
Renewal: 4.2%
Pre-approval: 2.8%
Variable Rate: 2.8%
Other: 1.4%
 
Total Application Types Found: 10
 Fredericton Mortgage Product Popularity Pie Chart

Age Demographics for Fredericton Mortgages

Average age: 35
Oldest age: 65
Youngest age: 21


Incomes for Fredericton Mortgages

The information below represents the average income of Canadians living in Fredericton who have applied for a home loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Fredericton: $45,006.97
applicants within all of Canada: $59,498.47
Difference: ($14,491.50)
  
mortgage co-applicants in Fredericton: $31,222.63
co-applicants within all of Canada: $42,403.13
Difference: ($11,180.50)

Note: Commercial Mortgages were not included for this survey, only residential mortgage loan amounts from Fredericton, New Brunswick were used.

Residential Status for Fredericton Originated Mortgages

The chart and pie-graph below depicts the residential status of people living in Fredericton who have applied for a mortgage using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 71.8%
Own: 21.8%
Other: 1.4%
No Comment: 1.4%
Live with parents: 3.5%
Fredericton Residential Status Pie Chart

Marital Status for Fredericton Originated Mortgages

The following table and pie chart represents the marital status of applicants from Fredericton, New Brunswick using the preapproval application located at canequity.com. Approximately 55% of the mortgage applicants are living together with someone, while only 44% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 38.7%
Single: 34.5%
Common-law: 16.9%
Divorced: 4.9%
Separated: 4.9%
Fredericton Marital Status Pie Chart