Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 15.69% | 0.04% |
| 2010: | 11.77% | 0.03% |
| 2009: | 13.73% | 0.04% |
| 2008: | 9.15% | 0.03% |
| 2007: | 14.38% | 0.04% |
| 2006: | 11.11% | 0.03% |
| 2005: | 3.92% | 0.01% |
| 2004: | 9.80% | 0.03% |
| 2003: | 6.54% | 0.02% |
| 2002: | 3.92% | 0.01% |
This bar graph illustrates CanEquity's individual monthly volume history for Internet mortgage applications from Saint John, NB.
This graph displays the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Saint John mostly occur during our third quarter (represented by the blue bars) with 30.07% while our slowest is the fourth quarter (represented by the red bars) with 17.65%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | August: | 14.4% | |
| 2: | January: | 10.5% | |
| 3: | May: | 9.8% | |
| 4: | March: | 9.8% | |
| 5: | November: | 9.2% | |
| 6: | July: | 9.2% | |
| 7: | April: | 8.5% | |
| 8: | June: | 7.2% | |
| 9: | February: | 6.5% | |
| 10: | September: | 6.5% | |
| 11: | October: | 4.6% | |
| 12: | December: | 3.9% |
The graph listed below illustrates the busy days for online applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Saint John, the day with the most volume, generating 23.53% of all submissions, is Monday. In comparison, Thursday's are the slowest day with only 7.84% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 23.5% | |
| 2: | Wednesday: | 18.9% | |
| 3: | Friday: | 17.0% | |
| 4: | Tuesday: | 12.4% | |
| 5: | Saturday: | 10.5% | |
| 6: | Sunday: | 9.8% | |
| 7: | Thursday: | 7.8% |
In Saint John, mortgages are received 24 hours a day on the CanEquity web site. The statistics shown below indicates 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: | 1.3% |
| 03:00 to 03:59: | 0.7% |
| 04:00 to 04:59: | 2.0% |
| 05:00 to 05:59: | 1.3% |
| 06:00 to 06:59: | 4.6% |
| 07:00 to 07:59: | 5.2% |
| 08:00 to 08:59: | 7.2% |
| 09:00 to 09:59: | 5.2% |
| 10:00 to 10:59: | 5.9% |
| 11:00 to 11:59: | 4.6% |
| 12:00 to 12:59: | 7.8% |
| 13:00 to 13:59: | 7.8% |
| 14:00 to 14:59: | 8.5% |
| 15:00 to 15:59: | 7.8% |
| 16:00 to 16:59: | 2.6% |
| 17:00 to 17:59: | 7.2% |
| 18:00 to 18:59: | 7.8% |
| 19:00 to 19:59: | 5.2% |
| 20:00 to 20:59: | 4.6% |
| 21:00 to 21:59: | 1.3% |
| 22:00 to 22:59: | 1.3% |
| 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% |
| 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 | |
|---|---|---|
| No Money Down: | 26.1% | |
| First-time Buyer: | 26.1% | |
| Qualification: | 19.6% | |
| Purchase: | 15.7% | |
| Refinance: | 7.2% | |
| Renewal: | 3.3% | |
| Other: | 2.1% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 64
Youngest age: 20
The amounts shown below represent the average income of applicants living in Saint John who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Saint John: | $45,349.68 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($14,148.79) |
| mortgage co-applicants in Saint John: | $37,341.14 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($5,061.99) |
The following depicts the residential status of people living in Saint John who have applied for a home loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 68.6% | |
| Own: | 20.9% | |
| Other: | 4.6% | |
| No Comment: | 2.6% | |
| Live with parents: | 3.3% |
The pie chart below represents the marital status of applicants from Saint John, New Brunswick using the mortgage application found on the CanEquity Mortgage web site. In Saint John, over 56% of the mortgage applicants are either married or living common-law, while only 42% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 35.3% | |
| Single: | 32.7% | |
| Common-law: | 21.6% | |
| Divorced: | 5.2% | |
| Separated: | 4.6% | |
| Widowed: | 0.7% |
