Saint John Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.63% | * 0.01% |
| 2009: | 18.42% | 0.05% |
| 2008: | 12.28% | 0.03% |
| 2007: | 19.30% | 0.05% |
| 2006: | 14.91% | 0.04% |
| 2005: | 5.26% | 0.01% |
| 2004: | 13.16% | 0.04% |
| 2003: | 8.77% | 0.02% |
| 2002: | 5.26% | 0.01% |
This graph depicts the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Saint John usually occur during our first quarter (represented by the brown bars) with 35.09% while our slowest is the fourth quarter (represented by the red bars) with 14.91%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 13.2% | |
| 2: | March: | 13.2% | |
| 3: | August: | 11.4% | |
| 4: | November: | 8.8% | |
| 5: | May: | 8.8% | |
| 6: | April: | 8.8% | |
| 7: | February: | 8.8% | |
| 8: | July: | 8.8% | |
| 9: | June: | 7.0% | |
| 10: | September: | 5.3% | |
| 11: | December: | 3.5% | |
| 12: | October: | 2.6% |
The bar graph below compares the busy days for online applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Saint John the busiest day, with 23.68% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 8.77% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 23.7% | |
| 2: | Friday: | 17.5% | |
| 3: | Wednesday: | 14.9% | |
| 4: | Tuesday: | 13.2% | |
| 5: | Saturday: | 11.4% | |
| 6: | Thursday: | 10.5% | |
| 7: | Sunday: | 8.8% |
In Saint John, 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 |
|---|---|
| 03:00 to 03:59: | 0.9% |
| 04:00 to 04:59: | 1.8% |
| 05:00 to 05:59: | 0.9% |
| 06:00 to 06:59: | 5.3% |
| 07:00 to 07:59: | 6.1% |
| 08:00 to 08:59: | 7.9% |
| 09:00 to 09:59: | 6.1% |
| 10:00 to 10:59: | 7.0% |
| 11:00 to 11:59: | 4.4% |
| 12:00 to 12:59: | 8.8% |
| 13:00 to 13:59: | 9.6% |
| 14:00 to 14:59: | 8.8% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 0.9% |
| 17:00 to 17:59: | 7.9% |
| 18:00 to 18:59: | 7.9% |
| 19:00 to 19:59: | 4.4% |
| 20:00 to 20:59: | 4.4% |
| 21:00 to 21:59: | 0.9% |
| 22:00 to 22:59: | 0.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.86% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.11% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.15% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 001: | SAINT JOHN, NB | 0.267% |
| 002: | FREDERICTON, NB | 0.248% |
| 003: | MONCTON, NB | 0.246% |
| 004: | MIRAMICHI, NB | 0.077% |
| 005: | RIVERVIEW, NB | 0.075% |
| 006: | DIEPPE, NB | 0.066% |
| 1 | Grand Bay-Westfield, New Brunswick |
| 2 | Maces Bay, New Brunswick |
| 3 | Chance Harbour, New Brunswick |
| 4 | Rothesay, New Brunswick |
| 5 | Quispamsis, New Brunswick |
| 6 | Lower Cambridge, New Brunswick |
| 7 | Kingston, New Brunswick |
| 8 | Upper Gagetown, New Brunswick |
| 9 | Hampton, New Brunswick |
| 10 | Lord'S Cove, New Brunswick |
| 11 | Waasis, New Brunswick |
| 12 | Oromocto, New Brunswick |
| 13 | Deer Island, New Brunswick |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 30.7% | |
| No Money Down: | 29.8% | |
| Qualification: | 22.8% | |
| Refinance: | 8.8% | |
| Renewal: | 3.5% | |
| Purchase: | 1.8% | |
| Equity Mortgage: | 0.9% | |
| Investment: | 0.9% | |
| Variable Rate: | 0.9% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 64
Youngest age: 20
The following figures show the average income of applicants living in Saint John who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Saint John: | $43,103.52 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($15,488.88) |
| mortgage co-applicants in Saint John: | $37,640.97 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($3,637.92) |
The table and pie chart below represents the residential status of people living in Saint John 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: | 66.7% | |
| Own: | 21.9% | |
| Other: | 5.3% | |
| No Comment: | 3.5% | |
| Live with parents: | 2.6% |
The following table and pie chart represents the marital status of applicants from Saint John, New Brunswick using the mortgage application found at the CanEquity web site. Over 61% of the mortgage applicants are living common-law or married, while only 38% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 40.4% | |
| Single: | 30.7% | |
| Common-law: | 21.1% | |
| Separated: | 4.4% | |
| Divorced: | 3.5% |
