Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 14.58% | 0.01% |
| 2010: | 25.00% | 0.02% |
| 2009: | 12.50% | 0.01% |
| 2008: | 10.42% | 0.01% |
| 2007: | 4.17% | 0.00% |
| 2006: | 6.25% | 0.01% |
| 2004: | 4.17% | 0.00% |
| 2003: | 20.83% | 0.02% |
| 2002: | 2.08% | 0.00% |
The bar graph below shows the busy days for Internet applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Riverview the most busy day of the week, with 20.83% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 10.42% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.8% | |
| 2: | Thursday: | 18.8% | |
| 3: | Monday: | 16.7% | |
| 4: | Sunday: | 12.5% | |
| 5: | Friday: | 10.4% | |
| 6: | Wednesday: | 10.4% | |
| 7: | Saturday: | 10.4% |
Riverview mortgage applications are received 24 hours a day on our web site. The time periods below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 39.6% of all mortgages are received before noon, while 54.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 6.3% |
| 07:00 to 07:59: | 8.3% |
| 08:00 to 08:59: | 10.4% |
| 09:00 to 09:59: | 6.3% |
| 10:00 to 10:59: | 4.2% |
| 11:00 to 11:59: | 10.4% |
| 12:00 to 12:59: | 12.5% |
| 13:00 to 13:59: | 8.3% |
| 14:00 to 14:59: | 2.1% |
| 15:00 to 15:59: | 2.1% |
| 16:00 to 16:59: | 2.1% |
| 17:00 to 17:59: | 4.2% |
| 18:00 to 18:59: | 6.3% |
| 19:00 to 19:59: | 4.2% |
| 20:00 to 20:59: | 6.3% |
| 22:00 to 22:59: | 4.2% |
| 23:00 to 23:59: | 2.1% |
| 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% |
| 007: | OROMOCTO, NB | 0.072% |
| 008: | BATHURST, NB | 0.057% |
| 009: | WOODSTOCK, NB | 0.036% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.1% | |
| No Money Down: | 18.8% | |
| Purchase: | 16.7% | |
| Refinance: | 14.6% | |
| First-time Buyer: | 10.4% | |
| Commercial: | 6.3% | |
| Second Mortgage: | 2.1% | |
| Renewal: | 2.1% | |
| Variable Rate: | 2.1% | |
| Total Application Types Found: 9 | ||
Average age: 37
Oldest age: 68
Youngest age: 23
The following depicts the average income of people living in Riverview who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Riverview: | $44,203.52 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($15,294.95) |
| mortgage co-applicants in Riverview: | $29,976.05 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($12,427.08) |
The following depicts the residential status of people living in Riverview who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.5% | |
| Own: | 52.1% | |
| Other: | 4.2% | |
| No Comment: | 2.1% | |
| Live with parents: | 4.2% |
The following pie chart represents the marital status of applicants from Riverview, New Brunswick using the mortgage application found on canequity.com. In Riverview, 66% of the mortgage applicants are living together with someone, while only 33% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.3% | |
| Single: | 20.8% | |
| Common-law: | 8.3% | |
| Separated: | 8.3% | |
| Divorced: | 4.2% |
