Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 25.15% | 0.08% |
| 2010: | 15.21% | 0.05% |
| 2009: | 15.21% | 0.05% |
| 2008: | 5.85% | 0.02% |
| 2007: | 7.60% | 0.03% |
| 2006: | 9.36% | 0.03% |
| 2005: | 4.68% | 0.01% |
| 2004: | 3.51% | 0.01% |
| 2003: | 9.94% | 0.03% |
| 2002: | 3.51% | 0.01% |
The 6-year bar graph below illustrates the individual monthly volume history for Internet mortgage applications originating from Moncton, NB.
The following illustrates the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Moncton mostly occur during our second quarter (represented by the green bars) with 32.75% while our slowest is the fourth quarter (represented by the red bars) with 18.13%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 12.3% | |
| 2: | September: | 12.3% | |
| 3: | May: | 11.7% | |
| 4: | October: | 11.1% | |
| 5: | July: | 9.9% | |
| 6: | April: | 8.8% | |
| 7: | August: | 8.8% | |
| 8: | January: | 7.6% | |
| 9: | February: | 6.4% | |
| 10: | March: | 4.1% | |
| 11: | November: | 3.5% | |
| 12: | December: | 3.5% |
The bar graph below shows the busy days for mortgage inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Moncton, the day with the most volume, having more than 20.47% of all inquiries, is Monday. In comparison, Friday's are the slowest day with only 8.19% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.5% | |
| 2: | Sunday: | 17.0% | |
| 3: | Tuesday: | 15.8% | |
| 4: | Thursday: | 15.2% | |
| 5: | Wednesday: | 14.6% | |
| 6: | Saturday: | 8.8% | |
| 7: | Friday: | 8.2% |
Mortgage applications are received 24 hours a day on the CanEquity web site. The time periods below represents the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 0.6% |
| 02:00 to 02:59: | 0.6% |
| 03:00 to 03:59: | 0.6% |
| 04:00 to 04:59: | 1.2% |
| 05:00 to 05:59: | 4.1% |
| 06:00 to 06:59: | 7.0% |
| 07:00 to 07:59: | 7.6% |
| 08:00 to 08:59: | 5.3% |
| 09:00 to 09:59: | 4.1% |
| 10:00 to 10:59: | 6.4% |
| 11:00 to 11:59: | 6.4% |
| 12:00 to 12:59: | 3.5% |
| 13:00 to 13:59: | 7.6% |
| 14:00 to 14:59: | 1.2% |
| 15:00 to 15:59: | 7.0% |
| 16:00 to 16:59: | 7.6% |
| 17:00 to 17:59: | 4.7% |
| 18:00 to 18:59: | 5.8% |
| 19:00 to 19:59: | 8.8% |
| 20:00 to 20:59: | 7.0% |
| 21:00 to 21:59: | 2.3% |
| 22:00 to 22:59: | 0.6% |
| 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 | |
|---|---|---|
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 28.7% | |
| Qualification: | 23.4% | |
| Purchase: | 18.1% | |
| No Money Down: | 13.5% | |
| Refinance: | 8.8% | |
| Renewal: | 2.9% | |
| Pre-approval: | 1.8% | |
| Other: | 3% | |
| Total Application Types Found: 12 | ||
Average age: 34
Oldest age: 64
Youngest age: 19
The following figures show the average income of applicants living in Moncton who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Moncton: | $43,837.21 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($15,661.26) |
| mortgage co-applicants in Moncton: | $33,082.46 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($9,320.67) |
The information below represents the residential status of people living in Moncton who have applied for a loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 59.1% | |
| Own: | 31.6% | |
| Other: | 1.2% | |
| No Comment: | 3.5% | |
| Live with parents: | 4.7% |
The information below shows the marital status of applicants from Moncton, New Brunswick using the mortgage preapproval application found on canequity.com. Over 63% of the mortgage applicants are living with someone, while only 35% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 38.0% | |
| Single: | 28.7% | |
| Common-law: | 25.7% | |
| Divorced: | 3.5% | |
| Separated: | 3.5% | |
| Widowed: | 0.6% |
