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Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 30,000 to 60,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2008 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 11.83% | * 0.13% |
| 2007: | 15.68% | 0.18% |
| 2006: | 19.82% | 0.22% |
| 2005: | 15.39% | 0.17% |
| 2004: | 12.13% | 0.14% |
| 2003: | 14.79% | 0.17% |
| 2002: | 10.36% | 0.12% |
The following represents the individual monthly volume history for Internet applications received from Newfoundland and Labrador.

This graph illustrates the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 33.14% while our slowest is the fourth quarter (represented by the red bars) with 16.27%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 15.4% | |
| 2: | May: | 10.7% | |
| 3: | February: | 9.8% | |
| 4: | April: | 9.2% | |
| 5: | July: | 9.2% | |
| 6: | January: | 8.0% | |
| 7: | October: | 7.7% | |
| 8: | August: | 7.4% | |
| 9: | September: | 7.4% | |
| 10: | June: | 6.8% | |
| 11: | November: | 5.0% | |
| 12: | December: | 3.5% |

The bar graph listed below displays the busy days for mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Newfoundland and Labrador, the day with the most volume, generating 17.75% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 10.06% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 17.8% | |
| 2: | Tuesday: | 17.8% | |
| 3: | Wednesday: | 15.1% | |
| 4: | Saturday: | 14.8% | |
| 5: | Thursday: | 13.3% | |
| 6: | Friday: | 11.2% | |
| 7: | Sunday: | 10.1% |

In Newfoundland and Labrador, mortgages are received 24 hours a day via the CanEquity web site. The information shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 6.8% of all mortgages are received before noon, while 57.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.3% |
| 01:00 to 01:59: | 0.3% |
| 02:00 to 02:59: | 0.9% |
| 04:00 to 04:59: | 2.4% |
| 05:00 to 05:59: | 3.3% |
| 06:00 to 06:59: | 5.6% |
| 07:00 to 07:59: | 6.2% |
| 08:00 to 08:59: | 6.8% |
| 09:00 to 09:59: | 5.0% |
| 10:00 to 10:59: | 5.3% |
| 11:00 to 11:59: | 6.8% |
| 12:00 to 12:59: | 8.0% |
| 13:00 to 13:59: | 7.7% |
| 14:00 to 14:59: | 6.2% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 6.2% |
| 17:00 to 17:59: | 8.6% |
| 18:00 to 18:59: | 4.7% |
| 19:00 to 19:59: | 3.6% |
| 20:00 to 20:59: | 3.0% |
| 21:00 to 21:59: | 2.1% |
| 22:00 to 22:59: | 1.2% |
| 23:00 to 23:59: | 0.6% |

| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 1871.9% |
| British Columbia: | 1022.8% |
| Manitoba: | 188.2% |
| New Brunswick: | 179.9% |
| Newfoundland and Labrador: | 100.0% |
| Nova Scotia: | 246.7% |
| Northwest Territories: | 26.9% |
| Nunavut: | 7.4% |
| Ontario: | 4332.0% |
| Prince Edward Island: | 31.7% |
| Quebec: | 338.8% |
| Saskatchewan: | 498.5% |
| Yukon Territories: | 18.3% |

| City or Town within the province of Newfoundland and Labrador | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Loan | |
|---|---|---|---|---|---|---|
| 001: | ST JOHN'S, NL | 27.515% | 36 | $48,744.52 | $29,377.37 | $97,439.37 |
| 002: | MOUNT PEARL, NL | 7.692% | 43 | $48,118.48 | $27,880.58 | $132,409.52 |
| 003: | CORNER BROOK, NL | 5.917% | 38 | $60,092.80 | $23,933.33 | $116,766.67 |
| 004: | CONCEPTION BAY SOUTH, NL | 4.438% | 31 | $44,800.00 | $19,500.00 | $78,000.00 |
| 005: | PORTUGAL COVE-ST PHILIPS, NL | 3.846% | 37 | $48,113.27 | $32,687.50 | $91,723.08 |
| 006: | GRAND FALLS-WINDSOR, NL | 3.846% | 42 | $39,413.46 | $30,960.00 | $87,400.00 |
| 007: | PARADISE, NL | 3.846% | 34 | $56,746.15 | $37,461.11 | $99,964.42 |
| 008: | GANDER, NL | 3.254% | 36 | $46,864.55 | $21,571.43 | $84,300.00 |
| 009: | LABRADOR CITY, NL | 1.479% | 33 | $56,200.00 | n/a | $110,000.00 |
| 010: | TORBAY, NL | 1.479% | 42 | $39,812.00 | $26,500.00 | $91,000.00 |
| 011: | DEER LAKE, NL | 1.479% | 38 | $52,168.00 | $32,500.00 | $92,089.20 |
| 012: | HOLYROOD, NL | 1.183% | 44 | $42,250.00 | n/a | $223,333.33 |
| 013: | GOULDS, NL | 1.183% | 34 | $34,000.00 | $61,912.00 | $69,633.33 |
| 014: | HAPPY VALLEY-GOOSE BAY, NL | 1.183% | 42 | $63,000.00 | $50,000.00 | $137,000.00 |
| 015: | FLATROCK, NL | 1.183% | 36 | $32,866.00 | $23,500.00 | $71,600.00 |
| 016: | NORTH WEST RIVER, NL | 1.183% | 34 | $73,000.00 | n/a | $138,750.00 |
| 017: | NORRIS ARM NORTHSIDE, NL | 0.888% | 62 | $12,500.00 | $90,500.00 | $41,000.00 |
| 018: | BAIE VERTE, NL | 0.888% | 44 | $32,520.00 | n/a | $25,000.00 |
| 019: | CLARENVILLE, NL | 0.888% | 33 | $51,966.00 | n/a | $118,333.33 |
| 020: | STEPHENVILLE, NL | 0.888% | 41 | $48,400.00 | n/a | $83,333.33 |
| 021: | PLACENTIA, NL | 0.888% | 30 | $25,933.33 | n/a | $73,000.00 |
| 022: | EASTPORT, NL | 0.888% | 45 | $61,500.00 | n/a | $92,500.00 |
| 023: | PASADENA, NL | 0.888% | 43 | $47,200.00 | $39,620.00 | $112,500.00 |
| 024: | LEWISPORTE, NL | 0.888% | 31 | $36,933.33 | n/a | $106,350.00 |
| 025: | NORMANS COVE, NL | 0.888% | 32 | $55,146.33 | n/a | $120,000.00 |
| 026: | GLOVERTOWN, NL | 0.888% | 43 | $30,333.33 | n/a | $25,000.00 |
| 027: | DOYLES, NL | 0.592% | 48 | $37,500.00 | n/a | n/a |
| 028: | LOGY BAY, NL | 0.592% | 62 | n/a | n/a | $139,000.00 |
| 029: | FRENCHMANS COVE BOI, NL | 0.592% | 39 | $35,000.00 | $15,000.00 | $42,050.00 |
| 030: | BELL ISLAND, NL | 0.592% | 35 | $36,000.00 | n/a | $130,000.00 |
| 031: | SPANIARDS BAY, NL | 0.592% | 34 | $26,500.00 | n/a | $31,450.00 |
| 032: | BISHOPS FALLS, NL | 0.592% | 34 | $28,250.00 | n/a | $44,900.00 |
| 033: | GRAND BANK, NL | 0.592% | 45 | $66,500.00 | n/a | $98,750.00 |
| 034: | GAMBO, NL | 0.592% | 39 | $15,500.00 | $41,500.00 | $22,500.00 |
| 035: | ROCKY HARBOUR, NL | 0.592% | 38 | $44,027.00 | n/a | $70,000.00 |
| 036: | CLARKES BEACH, NL | 0.592% | 35 | $87,500.00 | n/a | $167,500.00 |
| 037: | CATALINA, NL | 0.592% | 53 | $80,000.00 | n/a | $48,000.00 |
| 038: | SOUTH BROOK GB, NL | 0.592% | 28 | $52,500.00 | n/a | $40,000.00 |
| 039: | CHAMBERLAINS, NL | 0.592% | 40 | $23,000.00 | n/a | n/a |
| 040: | CARBONEAR, NL | 0.592% | 38 | $56,000.00 | n/a | $41,000.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 28.4% | |
| Refinance: | 24.3% | |
| First-time Buyer: | 18.6% | |
| No Money Down: | 12.4% | |
| Renewal: | 7.7% | |
| Purchase: | 3.3% | |
| Pre-approval: | 1.8% | |
| Variable Rate: | 1.2% | |
| Second Mortgage: | 0.9% | |
| Other: | 1.5% | |
| Total Application Types Found: 13 | ||

Average age: 38
Oldest age: 72
Youngest age: 21
The amounts below are the average income of people living in Newfoundland and Labrador who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Newfoundland and Labrador: | $47,501.35 |
| applicants within all of Canada: | $56,367.62 |
| Difference: | ($8,866.26) |
| mortgage co-applicants in Newfoundland and Labrador: | $30,606.58 |
| co-applicants within all of Canada: | $39,337.45 |
| Difference: | ($8,730.87) |
The following depicts the residential status of people living in Newfoundland and Labrador who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.4% | |
| Own: | 48.5% | |
| Other: | 2.4% | |
| No Comment: | 5.9% | |
| Live with parents: | 6.8% |

The information below shows the marital status of applicants from Newfoundland and Labrador using the online mortgage application found at the CanEquity web site. Approximately 68% of the mortgage applicants are living together with someone, while only 31% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.8% | |
| Single: | 24.9% | |
| Common-law: | 11.5% | |
| Separated: | 3.6% | |
| Divorced: | 3.3% |
