Fredericton Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Have an idea or suggestion on improving the Fredericton mortgage stats page, please send us an e-mail.
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 7.46% | * 0.02% |
| 2007: | 16.42% | 0.04% |
| 2006: | 17.91% | 0.04% |
| 2005: | 17.91% | 0.04% |
| 2004: | 10.45% | 0.02% |
| 2003: | 28.36% | 0.06% |
| 2002: | 1.49% | 0.00% |
This bar graph displays the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Fredericton mostly occur during our third quarter (represented by the blue bars) with 29.85% while our slowest is the fourth quarter (represented by the red bars) with 17.91%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | August: | 16.4% | |
| 2: | January: | 11.9% | |
| 3: | June: | 10.4% | |
| 4: | October: | 10.4% | |
| 5: | April: | 9.0% | |
| 6: | February: | 9.0% | |
| 7: | July: | 9.0% | |
| 8: | May: | 7.5% | |
| 9: | December: | 4.5% | |
| 10: | March: | 4.5% | |
| 11: | September: | 4.5% | |
| 12: | November: | 3.0% |
The bar graph below compares the busy days for mortgage inquiries 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 22.39% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 5.97% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 22.4% | |
| 2: | Wednesday: | 16.4% | |
| 3: | Friday: | 14.9% | |
| 4: | Sunday: | 14.9% | |
| 5: | Tuesday: | 13.4% | |
| 6: | Thursday: | 11.9% | |
| 7: | Saturday: | 6.0% |
Mortgage applications are received 24 hours a day via our web site. The information shown below represents the rush 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: | 1.5% |
| 05:00 to 05:59: | 1.5% |
| 06:00 to 06:59: | 7.5% |
| 07:00 to 07:59: | 4.5% |
| 08:00 to 08:59: | 9.0% |
| 09:00 to 09:59: | 3.0% |
| 10:00 to 10:59: | 7.5% |
| 11:00 to 11:59: | 7.5% |
| 12:00 to 12:59: | 6.0% |
| 13:00 to 13:59: | 9.0% |
| 14:00 to 14:59: | 3.0% |
| 15:00 to 15:59: | 4.5% |
| 16:00 to 16:59: | 3.0% |
| 17:00 to 17:59: | 6.0% |
| 18:00 to 18:59: | 9.0% |
| 19:00 to 19:59: | 6.0% |
| 20:00 to 20:59: | 6.0% |
| 21:00 to 21:59: | 3.0% |
| 22:00 to 22:59: | 3.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.49% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.77% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.60% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 001: | SAINT JOHN, NB | 0.273% |
| 002: | MONCTON, NB | 0.236% |
| 003: | FREDERICTON, NB | 0.223% |
| 004: | MIRAMICHI, NB | 0.076% |
| 005: | RIVERVIEW, NB | 0.066% |
| 006: | OROMOCTO, NB | 0.060% |
| 007: | DIEPPE, NB | 0.053% |
| 008: | ST STEPHEN, NB | 0.047% |
| 1 | Oromocto, New Brunswick |
| 2 | Hanwell, New Brunswick |
| 3 | New Maryland, New Brunswick |
| 4 | Lincoln, New Brunswick |
| 5 | Burtts Corner, New Brunswick |
| 6 | Keswick, New Brunswick |
| 7 | Lower Cambridge, New Brunswick |
| 8 | Minto, New Brunswick |
| 9 | Boiestown, New Brunswick |
| 10 | Woodstock, New Brunswick |
| 11 | Kingston, New Brunswick |
| 12 | Grand Bay-Westfield, New Brunswick |
| 13 | Douglas, New Brunswick |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 37.3% | |
| First-time Buyer: | 25.4% | |
| No Money Down: | 10.4% | |
| Refinance: | 7.5% | |
| Variable Rate: | 6.0% | |
| Purchase: | 4.5% | |
| Pre-approval: | 3.0% | |
| Renewal: | 3.0% | |
| Fixed Rate: | 1.5% | |
| Low Doc: | 1.5% | |
| Total Application Types Found: 10 | ||
Average age: 36
Oldest age: 65
Youngest age: 23
The numbers below represent the average income of Canadians living in Fredericton who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Fredericton: | $43,202.03 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | ($13,145.46) |
| mortgage co-applicants in Fredericton: | $36,895.20 |
| co-applicants within all of Canada: | $39,330.70 |
| Difference: | ($2,435.50) |
The information below represents the residential status of people living in Fredericton who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 68.7% | |
| Own: | 22.4% | |
| Other: | 1.5% | |
| No Comment: | 3.0% | |
| Live with parents: | 4.5% |
The following table and pie chart represents the marital status of applicants from Fredericton, New Brunswick using the mortgage preapproval application found at the CanEquity web site. Approximately 56% of the mortgage applicants are either married or living common-law, while only 43% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 40.3% | |
| Single: | 37.3% | |
| Common-law: | 16.4% | |
| Divorced: | 4.5% | |
| Separated: | 1.5% |
