New Brunswick Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 30,000 to 60,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2009 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.04% | * 0.09% |
| 2009: | 19.73% | 0.41% |
| 2008: | 14.57% | 0.31% |
| 2007: | 13.57% | 0.28% |
| 2006: | 13.23% | 0.28% |
| 2005: | 9.87% | 0.21% |
| 2004: | 10.54% | 0.22% |
| 2003: | 10.87% | 0.23% |
| 2002: | 3.59% | 0.07% |
The following illustrates the individual monthly volume history for Internet mortgage pre-approval applications submitted from New Brunswick.
The following bar graph illustrates the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 29.60% while our slowest is the fourth quarter (represented by the red bars) with 15.36%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 11.1% | |
| 2: | August: | 10.2% | |
| 3: | July: | 10.0% | |
| 4: | February: | 9.9% | |
| 5: | May: | 9.6% | |
| 6: | June: | 9.4% | |
| 7: | April: | 9.1% | |
| 8: | March: | 8.6% | |
| 9: | October: | 6.8% | |
| 10: | September: | 6.7% | |
| 11: | November: | 4.7% | |
| 12: | December: | 3.8% |
The bar graph below plots the busy days for Internet mortgage applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In New Brunswick the busiest day, with 17.71% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 8.97% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 17.7% | |
| 2: | Wednesday: | 17.3% | |
| 3: | Tuesday: | 17.1% | |
| 4: | Thursday: | 14.8% | |
| 5: | Sunday: | 12.2% | |
| 6: | Friday: | 11.9% | |
| 7: | Saturday: | 9.0% |
In New Brunswick, mortgages are received 24 hours a day via the CanEquity web site. The information shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 6.8% 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: | 0.6% |
| 01:00 to 01:59: | 0.2% |
| 02:00 to 02:59: | 0.1% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.9% |
| 05:00 to 05:59: | 2.9% |
| 06:00 to 06:59: | 5.5% |
| 07:00 to 07:59: | 5.9% |
| 08:00 to 08:59: | 6.6% |
| 09:00 to 09:59: | 7.4% |
| 10:00 to 10:59: | 6.1% |
| 11:00 to 11:59: | 6.8% |
| 12:00 to 12:59: | 8.7% |
| 13:00 to 13:59: | 6.3% |
| 14:00 to 14:59: | 4.1% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 5.2% |
| 17:00 to 17:59: | 7.4% |
| 18:00 to 18:59: | 6.3% |
| 19:00 to 19:59: | 5.0% |
| 20:00 to 20:59: | 4.6% |
| 21:00 to 21:59: | 2.5% |
| 22:00 to 22:59: | 1.1% |
| 23:00 to 23:59: | 0.6% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 1004.4% |
| British Columbia: | 517.7% |
| Manitoba: | 99.3% |
| New Brunswick: | 100.0% |
| Newfoundland and Labrador: | 54.3% |
| Nova Scotia: | 137.2% |
| Northwest Territories: | 14.9% |
| Nunavut: | 4.0% |
| Ontario: | 2323.5% |
| Prince Edward Island: | 20.9% |
| Quebec: | 196.9% |
| Saskatchewan: | 240.8% |
| Yukon Territories: | 12.2% |
| City or Town within the province of New Brunswick | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Home Loan | |
|---|---|---|---|---|---|---|
| 001: | SAINT JOHN, NB | 12.780% | 35 | $43,103.52 | $37,640.97 | $106,067.94 |
| 002: | FREDERICTON, NB | 11.883% | 36 | $45,167.21 | $32,827.79 | $117,720.47 |
| 003: | MONCTON, NB | 11.771% | 35 | $42,098.73 | $34,109.00 | $114,350.06 |
| 004: | MIRAMICHI, NB | 3.700% | 36 | $35,180.43 | $28,117.00 | $72,069.79 |
| 005: | RIVERVIEW, NB | 3.587% | 36 | $45,555.28 | $28,348.07 | $97,511.60 |
| 006: | DIEPPE, NB | 3.139% | 31 | $43,463.32 | $33,023.08 | $117,672.21 |
| 007: | OROMOCTO, NB | 2.915% | 31 | $54,425.27 | $23,806.67 | $164,910.53 |
| 008: | BATHURST, NB | 2.018% | 37 | $40,632.71 | $24,234.67 | $90,312.50 |
| 009: | ST STEPHEN, NB | 1.794% | 37 | $35,236.27 | $19,633.33 | $74,232.67 |
| 010: | WOODSTOCK, NB | 1.457% | 42 | $55,720.00 | $33,833.33 | $104,250.00 |
| 011: | ROTHESAY, NB | 1.345% | 42 | $56,649.67 | $39,000.00 | $118,800.00 |
| 012: | GRAND FALLS, NB | 1.009% | 31 | $65,130.67 | $35,450.67 | $72,285.71 |
| 013: | CAMPBELLTON, NB | 1.009% | 40 | $50,055.56 | $35,333.33 | $57,498.88 |
| 014: | NOTRE-DAME, NB | 1.009% | 39 | $41,726.33 | $30,612.00 | $153,333.33 |
| 015: | EDMUNDSTON, NB | 0.897% | 34 | $35,550.00 | $40,500.00 | $107,714.29 |
| 016: | SHEDIAC, NB | 0.897% | 33 | $38,937.50 | $34,875.00 | $85,514.75 |
| 017: | BELLEDUNE, NB | 0.785% | 37 | $42,000.00 | $18,333.33 | $62,333.33 |
| 018: | QUISPAMSIS, NB | 0.673% | 47 | $47,440.50 | $31,660.33 | $126,681.83 |
| 019: | LINCOLN, NB | 0.673% | 37 | $45,308.00 | n/a | $149,875.00 |
| 020: | MINTO, NB | 0.673% | 28 | $75,000.00 | $43,000.00 | $42,620.00 |
| 021: | SACKVILLE, NB | 0.561% | 39 | $124,131.00 | n/a | $157,700.00 |
| 022: | SUSSEX, NB | 0.561% | 38 | $38,920.00 | n/a | $55,666.67 |
| 023: | DALHOUSIE, NB | 0.561% | 30 | $24,600.00 | n/a | $64,400.00 |
| 024: | ST ANDREWS, NB | 0.561% | 44 | $48,404.80 | n/a | $106,200.00 |
| 025: | LAKEVILLE, NB | 0.448% | 28 | $25,333.33 | $19,500.00 | $90,000.00 |
| 026: | CAP-PELE, NB | 0.448% | 34 | $36,500.00 | $23,500.00 | $40,750.00 |
| 027: | TRACADIE-SHEILA, NB | 0.448% | 41 | $53,000.00 | $29,000.00 | $125,000.00 |
| 028: | HANWELL, NB | 0.448% | 37 | $63,582.75 | n/a | $109,352.75 |
| 029: | SUSSEX CORNER, NB | 0.448% | 30 | $21,905.00 | n/a | $51,750.00 |
| 030: | SAINT-QUENTIN, NB | 0.448% | 32 | $72,500.00 | n/a | $185,000.00 |
| 031: | REXTON, NB | 0.448% | 37 | $29,125.00 | n/a | $114,500.00 |
| 032: | BLACKVILLE, NB | 0.448% | 38 | $47,250.00 | n/a | $40,333.33 |
| 033: | DOUGLAS, NB | 0.448% | 38 | $53,680.25 | n/a | $105,000.00 |
| 034: | BOUCTOUCHE, NB | 0.336% | 47 | n/a | n/a | $86,666.67 |
| 035: | HARTLAND, NB | 0.336% | 25 | $42,864.00 | n/a | $106,250.00 |
| 036: | IRISHTOWN, NB | 0.336% | 27 | $28,000.00 | $18,000.00 | $162,000.00 |
| 037: | BERESFORD, NB | 0.336% | 34 | $50,166.67 | n/a | $71,633.33 |
| 038: | LORD'S COVE, NB | 0.336% | 38 | $44,424.00 | n/a | $46,333.33 |
| 039: | BAYSIDE, NB | 0.336% | 34 | $15,000.00 | n/a | $45,000.00 |
| 040: | GRAND-BARACHOIS, NB | 0.336% | 37 | $34,200.00 | n/a | $126,666.67 |
| 041: | MACES BAY, NB | 0.336% | 34 | $40,357.33 | $31,253.33 | $179,000.00 |
| 042: | PASSEKEAG, NB | 0.336% | 43 | $43,400.00 | n/a | $120,000.00 |
| 043: | GRAND MANAN, NB | 0.336% | 34 | $40,466.67 | n/a | $64,000.00 |
| 044: | GRANDE-DIGUE, NB | 0.336% | 39 | $37,333.33 | n/a | $84,966.67 |
| 045: | HAMPTON, NB | 0.336% | 36 | $23,284.67 | n/a | $77,500.00 |
| 046: | NEGUAC, NB | 0.336% | 34 | $30,000.00 | n/a | $85,000.00 |
| 047: | COCAGNE, NB | 0.336% | 38 | $45,785.00 | n/a | $69,386.33 |
| 048: | SALISBURY, NB | 0.336% | 43 | n/a | n/a | $90,000.00 |
| 049: | GRAND BAY-WESTFIELD, NB | 0.336% | 31 | $52,915.33 | n/a | $103,750.00 |
| 050: | NEW MARYLAND, NB | 0.336% | 46 | $35,050.00 | $32,333.33 | $143,500.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.1% | |
| First-time Buyer: | 24.4% | |
| No Money Down: | 17.8% | |
| Refinance: | 16.5% | |
| Renewal: | 5.5% | |
| Purchase: | 4.7% | |
| Variable Rate: | 1.3% | |
| Pre-approval: | 0.9% | |
| Other: | 3.6% | |
| Total Application Types Found: 18 | ||
Average age: 36
Oldest age: 86
Youngest age: 19
The following depicts the average income of applicants living in New Brunswick who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in New Brunswick: | $44,511.35 |
| applicants within all of Canada: | $58,582.76 |
| Difference: | ($14,071.41) |
| mortgage co-applicants in New Brunswick: | $31,064.88 |
| co-applicants within all of Canada: | $41,205.53 |
| Difference: | ($10,140.65) |
The following depicts the residential status of people living in New Brunswick who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.2% | |
| Own: | 38.5% | |
| Other: | 3.0% | |
| No Comment: | 3.0% | |
| Live with parents: | 5.3% |
The information below shows the marital status of applicants from New Brunswick using the mortgage preapproval application found on the CanEquity Mortgage web site. 64% of the mortgage applicants are either married or living common-law, while only 34% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.0% | |
| Single: | 27.4% | |
| Common-law: | 17.3% | |
| Separated: | 4.3% | |
| Divorced: | 3.3% | |
| Widowed: | 0.9% |
