Corner Brook Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 8.33% | * 0.01% |
| 2009: | 22.22% | 0.02% |
| 2008: | 25.00% | 0.02% |
| 2006: | 11.11% | 0.01% |
| 2005: | 8.33% | 0.01% |
| 2004: | 19.44% | 0.02% |
| 2003: | 2.78% | 0.00% |
| 2002: | 2.78% | 0.00% |
The information below displays the busy days for online inquiries that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Corner Brook the busiest day, with approximately 19.44% of all applications, is Friday. In comparison, Monday's are the slowest day with only 5.56% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 19.4% | |
| 2: | Wednesday: | 19.4% | |
| 3: | Saturday: | 19.4% | |
| 4: | Sunday: | 13.9% | |
| 5: | Tuesday: | 11.1% | |
| 6: | Thursday: | 11.1% | |
| 7: | Monday: | 5.6% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below represents the rush hours over a 24-hour period. The data is taken from all days of all years. Only 0.0% of all mortgages are received during the morning, while 61.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 2.8% |
| 04:00 to 04:59: | 2.8% |
| 05:00 to 05:59: | 5.6% |
| 07:00 to 07:59: | 2.8% |
| 08:00 to 08:59: | 2.8% |
| 09:00 to 09:59: | 8.3% |
| 10:00 to 10:59: | 8.3% |
| 11:00 to 11:59: | 5.6% |
| 12:00 to 12:59: | 16.7% |
| 13:00 to 13:59: | 2.8% |
| 14:00 to 14:59: | 8.3% |
| 15:00 to 15:59: | 8.3% |
| 16:00 to 16:59: | 2.8% |
| 17:00 to 17:59: | 11.1% |
| 18:00 to 18:59: | 8.3% |
| 20:00 to 20:59: | 2.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| 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: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 001: | ST JOHN'S, NL | 0.317% |
| 002: | MOUNT PEARL, NL | 0.089% |
| 003: | CORNER BROOK, NL | 0.085% |
| 004: | CONCEPTION BAY SOUTH, NL | 0.045% |
| 005: | PARADISE, NL | 0.038% |
| 006: | PORTUGAL COVE-ST PHILIPS, NL | 0.035% |
| 007: | GRAND FALLS-WINDSOR, NL | 0.035% |
| 008: | GANDER, NL | 0.035% |
| 1 | Mount Moriah, Newfoundland and Labrador |
| 2 | Pasadena, Newfoundland and Labrador |
| 3 | Rocky Harbour, Newfoundland and Labrador |
| 4 | Deer Lake, Newfoundland and Labrador |
| 5 | Stephenville, Newfoundland and Labrador |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 33.3% | |
| First-time Buyer: | 25.0% | |
| No Money Down: | 19.4% | |
| Refinance: | 8.3% | |
| Low Doc: | 2.8% | |
| Pre-approval: | 2.8% | |
| Second Mortgage: | 2.8% | |
| Renewal: | 2.8% | |
| Purchase: | 2.8% | |
| Total Application Types Found: 9 | ||
Average age: 36
Oldest age: 56
Youngest age: 22
The following figures show the average income of people living in Corner Brook who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Corner Brook: | $52,082.91 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($6,499.48) |
| mortgage co-applicants in Corner Brook: | $26,133.33 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($15,092.49) |
The pie chart below shows the residential status of people living in Corner Brook who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 55.6% | |
| Own: | 25.0% | |
| Other: | 2.8% | |
| No Comment: | 2.8% | |
| Live with parents: | 13.9% |
The following information represents the marital status of applicants from Corner Brook, Newfoundland and Labrador using the mortgage application located at canequity.com. Approximately 63% of the mortgage applicants are either married or living common-law, while only 36% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 44.4% | |
| Single: | 30.6% | |
| Common-law: | 19.4% | |
| Divorced: | 2.8% | |
| Separated: | 2.8% |
