Last report update for Mount Pearl: Tuesday, May 6, 2008
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Mount Pearl Mortgage
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Related Links:
Bell Island
Carbonear
Conception Bay South
Goulds
Logy Bay
Long Bay
Paradise
Portugal Cove-St Philips
St John'S
Torbay

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Mount Pearl Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Mount Pearl

Year Year to Year
Comparison
** National
Contribution
2008: * 15.39% * 0.01%
2006: 26.92% 0.02%
2005: 23.08% 0.02%
2004: 11.54% 0.01%
2003: 23.08% 0.02%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 38.46% and 0.03% respectively. ** Total national contribution of Mount Pearl mortgages in the past is currently 0.09% with a projected target of 0.11%.

Busy Days for Online Applications within Mount Pearl

The data below shows the busy days for Internet mortgage applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Mount Pearl, the day with the most volume, having more than 26.92% of all submissions, is Tuesday. In comparison, Thursday's are the slowest day with only 7.69% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 26.9%
2: Wednesday: 23.1%
3: Monday: 11.5%
4: Friday: 11.5%
5: Sunday: 11.5%
6: Saturday: 7.7%
7: Thursday: 7.7%
Busy Days Report for Mount Pearl Mortgages

Peak Hours for Applicants within Mount Pearl

Mount Pearl mortgage applications are received 24 hours a day from the CanEquity web site. The statistics shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
04:00 to 04:59: 3.8%
05:00 to 05:59: 11.5%
06:00 to 06:59: 3.8%
07:00 to 07:59: 7.7%
08:00 to 08:59: 7.7%
09:00 to 09:59: 7.7%
10:00 to 10:59: 11.5%
12:00 to 12:59: 3.8%
13:00 to 13:59: 15.4%
15:00 to 15:59: 3.8%
16:00 to 16:59: 3.8%
17:00 to 17:59: 7.7%
18:00 to 18:59: 7.7%
19:00 to 19:59: 3.8%
Peak Hours Graph for Mortgages in Mount Pearl

Note: Only hours that have had mortgages from Mount Pearl, Newfoundland and Labrador are shown.

Newfoundland and Labrador Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.49%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador 1.12%
Nova Scotia: 2.77%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario: 48.62%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.60%
Yukon Territories: 0.21%
Mount Pearl Mortgages

Current City Standing within Newfoundland and Labrador


Location Contribution
001:  ST JOHN'S, NL 0.309%
002:  MOUNT PEARL, NL 0.086%
003:  CORNER BROOK, NL 0.066%
004:  CONCEPTION BAY SOUTH, NL 0.050%
005:  PORTUGAL COVE-ST PHILIPS, NL 0.043%
006:  GRAND FALLS-WINDSOR, NL 0.043%
007:  PARADISE, NL 0.043%

Nearest Settlements


1Logy Bay, Newfoundland and Labrador
2St John'S, Newfoundland and Labrador
3Paradise, Newfoundland and Labrador
4Goulds, Newfoundland and Labrador
5Bell Island, Newfoundland and Labrador
6Portugal Cove-St Philips, Newfoundland and Labrador
7Conception Bay South, Newfoundland and Labrador
8Torbay, Newfoundland and Labrador
9Long Bay, Newfoundland and Labrador
10Carbonear, Newfoundland and Labrador
11Flatrock, Newfoundland and Labrador
12Spaniards Bay, Newfoundland and Labrador


Product Popularity for Mount Pearl


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 38.5%
Renewal: 23.1%
Refinance: 15.4%
No Money Down: 11.5%
First-time Buyer: 7.7%
Second Mortgage: 3.8%
 
Total Application Types Found: 6
 Mount Pearl Mortgage Product Popularity Pie Chart

Age Demographics for Mount Pearl Applicants

Average age: 43
Oldest age: 62
Youngest age: 24


Incomes for Mount Pearl Applicants

The numbers below represent the average income of applicants living in Mount Pearl who have applied for a loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Mount Pearl: $48,118.48
applicants within all of Canada: $56,347.50
Difference: ($8,229.02)
  
mortgage co-applicants in Mount Pearl: $27,880.58
co-applicants within all of Canada: $39,330.70
Difference: ($11,450.12)

Note: Commercial loan amounts were not included for this survey, only residential mortgage loans were used.

Residential Status for Mount Pearl Mortgage Applicants

The following depicts the residential status of people living in Mount Pearl who have applied for a mortgage loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 15.4%
Own: 76.9%
No Comment: 3.8%
Live with parents: 3.8%
Mount Pearl Residential Status Pie Chart

Marital Statistics for Mount Pearl Mortgage Applicants

The following information represents the marital status of applicants from Mount Pearl, Newfoundland and Labrador using the mortgage application found on canequity.com. 84% of the mortgage applicants are living common-law or married, while only 15% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 69.2%
Common-law: 15.4%
Single: 11.5%
Separated: 3.8%
Mount Pearl Marital Status Pie Chart