Corner Brook Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.94% | * 0.00% |
| 2009: | 23.53% | 0.02% |
| 2008: | 26.47% | 0.02% |
| 2006: | 11.77% | 0.01% |
| 2005: | 8.82% | 0.01% |
| 2004: | 20.59% | 0.02% |
| 2003: | 2.94% | 0.00% |
| 2002: | 2.94% | 0.00% |
The bar graph listed below plots the busy days for online mortgage 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 Corner Brook the most busy day of the week, with 20.59% of all applications, is Wednesday. In comparison, Monday's are the slowest day with only 5.88% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 20.6% | |
| 2: | Saturday: | 20.6% | |
| 3: | Friday: | 17.6% | |
| 4: | Tuesday: | 11.8% | |
| 5: | Thursday: | 11.8% | |
| 6: | Sunday: | 11.8% | |
| 7: | Monday: | 5.9% |
In Corner Brook, mortgages are received 24 hours a day on the CanEquity web site. The information shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 2.9% |
| 05:00 to 05:59: | 5.9% |
| 07:00 to 07:59: | 2.9% |
| 08:00 to 08:59: | 2.9% |
| 09:00 to 09:59: | 8.8% |
| 10:00 to 10:59: | 8.8% |
| 11:00 to 11:59: | 5.9% |
| 12:00 to 12:59: | 17.6% |
| 13:00 to 13:59: | 2.9% |
| 14:00 to 14:59: | 8.8% |
| 15:00 to 15:59: | 8.8% |
| 16:00 to 16:59: | 2.9% |
| 17:00 to 17:59: | 11.8% |
| 18:00 to 18:59: | 5.9% |
| 20:00 to 20:59: | 2.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.14% |
| British Columbia: | 10.92% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.89% |
| Northwest Territories: | 0.31% |
| Nunavut: | 0.09% |
| Ontario: | 48.84% |
| Prince Edward Island: | 0.43% |
| Quebec: | 4.05% |
| Saskatchewan: | 5.08% |
| Yukon Territories: | 0.25% |
| Location | Contribution | |
|---|---|---|
| 001: | ST JOHN'S, NL | 0.321% |
| 002: | MOUNT PEARL, NL | 0.089% |
| 003: | CORNER BROOK, NL | 0.081% |
| 004: | CONCEPTION BAY SOUTH, NL | 0.043% |
| 005: | PORTUGAL COVE-ST PHILIPS, NL | 0.036% |
| 006: | GRAND FALLS-WINDSOR, NL | 0.036% |
| 007: | GANDER, NL | 0.036% |
| 008: | PARADISE, NL | 0.036% |
| 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: | 35.3% | |
| First-time Buyer: | 26.5% | |
| No Money Down: | 14.7% | |
| Refinance: | 8.8% | |
| Low Doc: | 2.9% | |
| Pre-approval: | 2.9% | |
| Second Mortgage: | 2.9% | |
| Renewal: | 2.9% | |
| Purchase: | 2.9% | |
| Total Application Types Found: 9 | ||
Average age: 36
Oldest age: 56
Youngest age: 22
The figures below represent the average income of people living in Corner Brook who have applied for a home loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Corner Brook: | $51,926.97 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($6,521.45) |
| mortgage co-applicants in Corner Brook: | $26,560.00 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($14,550.46) |
The following depicts the residential status of people living in Corner Brook who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 52.9% | |
| Own: | 26.5% | |
| Other: | 2.9% | |
| No Comment: | 2.9% | |
| Live with parents: | 14.7% |
The following table and pie chart represents the marital status of applicants from Corner Brook, Newfoundland and Labrador using the preapproval application found at canequity.com. Over 61% of the mortgage applicants are either married or living common-law, while only 38% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.1% | |
| Single: | 32.4% | |
| Common-law: | 14.7% | |
| Divorced: | 2.9% | |
| Separated: | 2.9% |
