Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 16.39% | * 0.04% |
| 2009: | 21.31% | 0.06% |
| 2008: | 8.20% | 0.02% |
| 2007: | 10.66% | 0.03% |
| 2006: | 13.12% | 0.04% |
| 2005: | 6.56% | 0.02% |
| 2004: | 4.92% | 0.01% |
| 2003: | 13.93% | 0.04% |
| 2002: | 4.92% | 0.01% |
The following bar graph displays the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Moncton happen to occur during our third quarter (represented by the blue bars) with 33.61% while our slowest is the fourth quarter (represented by the red bars) with 17.21%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | July: | 13.1% | |
| 2: | May: | 11.5% | |
| 3: | August: | 10.7% | |
| 4: | October: | 10.7% | |
| 5: | April: | 9.8% | |
| 6: | June: | 9.8% | |
| 7: | September: | 9.8% | |
| 8: | January: | 7.4% | |
| 9: | February: | 7.4% | |
| 10: | December: | 4.1% | |
| 11: | March: | 3.3% | |
| 12: | November: | 2.5% |
The bar graph below shows the busy days for Internet applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Moncton, the day with the most volume, having more than 21.31% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 7.38% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 21.3% | |
| 2: | Sunday: | 17.2% | |
| 3: | Tuesday: | 14.8% | |
| 4: | Wednesday: | 14.8% | |
| 5: | Thursday: | 13.9% | |
| 6: | Saturday: | 10.7% | |
| 7: | Friday: | 7.4% |
In Moncton, applications are received 24 hours a day from the CanEquity web site. The time periods below represents the rush hours in the day. The data is taken from all days of all years. Only 21.3% of all mortgages are received during the morning, while 55.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 0.8% |
| 03:00 to 03:59: | 0.8% |
| 04:00 to 04:59: | 1.6% |
| 05:00 to 05:59: | 4.9% |
| 06:00 to 06:59: | 5.7% |
| 07:00 to 07:59: | 9.0% |
| 08:00 to 08:59: | 5.7% |
| 09:00 to 09:59: | 4.1% |
| 10:00 to 10:59: | 6.6% |
| 11:00 to 11:59: | 4.9% |
| 12:00 to 12:59: | 4.1% |
| 13:00 to 13:59: | 8.2% |
| 15:00 to 15:59: | 5.7% |
| 16:00 to 16:59: | 6.6% |
| 17:00 to 17:59: | 5.7% |
| 18:00 to 18:59: | 5.7% |
| 19:00 to 19:59: | 10.7% |
| 20:00 to 20:59: | 7.4% |
| 21:00 to 21:59: | 1.6% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.20% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.47% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.29% |
| Location | Contribution | |
|---|---|---|
| 001: | SAINT JOHN, NB | 0.276% |
| 002: | MONCTON, NB | 0.268% |
| 003: | FREDERICTON, NB | 0.241% |
| 004: | RIVERVIEW, NB | 0.083% |
| 005: | MIRAMICHI, NB | 0.077% |
| 006: | DIEPPE, NB | 0.068% |
| 007: | OROMOCTO, NB | 0.068% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 32.0% | |
| Qualification: | 27.9% | |
| No Money Down: | 17.2% | |
| Refinance: | 11.5% | |
| Purchase: | 4.9% | |
| Renewal: | 4.1% | |
| Other: | 2.4% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 64
Youngest age: 19
The information below represents the average income of Canadians living in Moncton who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Moncton: | $42,135.18 |
| applicants within all of Canada: | $58,945.88 |
| Difference: | ($16,810.70) |
| mortgage co-applicants in Moncton: | $33,073.89 |
| co-applicants within all of Canada: | $41,522.27 |
| Difference: | ($8,448.38) |
The information below represents the residential status of people living in Moncton who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 57.4% | |
| Own: | 34.4% | |
| Other: | 0.8% | |
| No Comment: | 4.1% | |
| Live with parents: | 3.3% |
The following pie chart represents the marital status of applicants from Moncton, New Brunswick using the mortgage application found on the CanEquity Mortgage web site. 60% of the mortgage applicants are either married or living common-law, while only 39% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 41.8% | |
| Single: | 30.3% | |
| Common-law: | 18.9% | |
| Divorced: | 4.9% | |
| Separated: | 4.1% |
