Fredericton Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 9.43% | * 0.02% |
| 2009: | 17.93% | 0.04% |
| 2008: | 14.15% | 0.04% |
| 2007: | 10.38% | 0.03% |
| 2006: | 11.32% | 0.03% |
| 2005: | 11.32% | 0.03% |
| 2004: | 6.60% | 0.02% |
| 2003: | 17.93% | 0.04% |
| 2002: | 0.94% | 0.00% |
This graph displays the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Fredericton seem to occur during our second quarter (represented by the green bars) with 28.30% while our slowest is the fourth quarter (represented by the red bars) with 20.75%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 13.2% | |
| 2: | August: | 11.3% | |
| 3: | June: | 11.3% | |
| 4: | October: | 11.3% | |
| 5: | January: | 9.4% | |
| 6: | July: | 9.4% | |
| 7: | May: | 8.5% | |
| 8: | April: | 8.5% | |
| 9: | November: | 5.7% | |
| 10: | December: | 3.8% | |
| 11: | March: | 3.8% | |
| 12: | September: | 3.8% |
The information listed below plots the busy days for Internet applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Fredericton the busiest day, with 20.75% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 5.66% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.8% | |
| 2: | Wednesday: | 18.9% | |
| 3: | Sunday: | 16.0% | |
| 4: | Friday: | 14.2% | |
| 5: | Thursday: | 13.2% | |
| 6: | Tuesday: | 11.3% | |
| 7: | Saturday: | 5.7% |
Fredericton mortgage applications are received 24 hours a day from our web site. The time periods below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 16.0% of all mortgages are received during the morning, while 56.6% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.9% |
| 04:00 to 04:59: | 0.9% |
| 05:00 to 05:59: | 3.8% |
| 06:00 to 06:59: | 9.4% |
| 07:00 to 07:59: | 4.7% |
| 08:00 to 08:59: | 7.5% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 6.6% |
| 11:00 to 11:59: | 5.7% |
| 12:00 to 12:59: | 8.5% |
| 13:00 to 13:59: | 6.6% |
| 14:00 to 14:59: | 4.7% |
| 15:00 to 15:59: | 5.7% |
| 16:00 to 16:59: | 4.7% |
| 17:00 to 17:59: | 3.8% |
| 18:00 to 18:59: | 7.5% |
| 19:00 to 19:59: | 4.7% |
| 20:00 to 20:59: | 5.7% |
| 21:00 to 21:59: | 2.8% |
| 22:00 to 22:59: | 1.9% |
| 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 | |
|---|---|---|
| 001: | SAINT JOHN, NB | 0.268% |
| 002: | FREDERICTON, NB | 0.249% |
| 003: | MONCTON, NB | 0.246% |
| 004: | MIRAMICHI, NB | 0.077% |
| 005: | RIVERVIEW, NB | 0.075% |
| 006: | DIEPPE, NB | 0.066% |
| 007: | OROMOCTO, NB | 0.061% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 32.1% | |
| First-time Buyer: | 29.2% | |
| No Money Down: | 12.3% | |
| Refinance: | 8.5% | |
| Renewal: | 4.7% | |
| Purchase: | 4.7% | |
| Variable Rate: | 3.8% | |
| Pre-approval: | 2.8% | |
| Fixed Rate: | 0.9% | |
| Low Doc: | 0.9% | |
| Total Application Types Found: 10 | ||
Average age: 36
Oldest age: 65
Youngest age: 21
The numbers below represent the average income of applicants living in Fredericton 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 Fredericton: | $45,167.21 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($13,415.17) |
| mortgage co-applicants in Fredericton: | $32,827.79 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($8,398.03) |
The chart and pie-graph below depicts the residential status of people living in Fredericton who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 67.9% | |
| Own: | 23.6% | |
| Other: | 1.9% | |
| No Comment: | 1.9% | |
| Live with parents: | 4.7% |
The following information represents the marital status of applicants from Fredericton, New Brunswick using the mortgage preapproval application found on the CanEquity Mortgage web site. In Fredericton, 60% of the mortgage applicants are living together with someone, while only 39% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.5% | |
| Single: | 33.0% | |
| Common-law: | 17.9% | |
| Divorced: | 4.7% | |
| Separated: | 1.9% |
