Mount Pearl Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.70% | * 0.00% |
| 2009: | 16.22% | 0.01% |
| 2008: | 21.62% | 0.02% |
| 2006: | 18.92% | 0.02% |
| 2005: | 16.22% | 0.01% |
| 2004: | 8.11% | 0.01% |
| 2003: | 16.22% | 0.01% |
The information listed below plots the busy days for Internet applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Mount Pearl, the day with the most volume, generating 29.73% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 8.11% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 29.7% | |
| 2: | Wednesday: | 21.6% | |
| 3: | Monday: | 10.8% | |
| 4: | Thursday: | 10.8% | |
| 5: | Sunday: | 10.8% | |
| 6: | Friday: | 8.1% | |
| 7: | Saturday: | 8.1% |
In Mount Pearl, applications are received 24 hours a day via our web site. The graph shown below indicates the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 2.7% |
| 05:00 to 05:59: | 8.1% |
| 06:00 to 06:59: | 8.1% |
| 07:00 to 07:59: | 16.2% |
| 08:00 to 08:59: | 5.4% |
| 09:00 to 09:59: | 5.4% |
| 10:00 to 10:59: | 10.8% |
| 12:00 to 12:59: | 5.4% |
| 13:00 to 13:59: | 10.8% |
| 14:00 to 14:59: | 2.7% |
| 15:00 to 15:59: | 8.1% |
| 16:00 to 16:59: | 2.7% |
| 17:00 to 17:59: | 5.4% |
| 18:00 to 18:59: | 5.4% |
| 19:00 to 19:59: | 2.7% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 29.7% | |
| Renewal: | 21.6% | |
| Refinance: | 16.2% | |
| No Money Down: | 13.5% | |
| Purchase: | 10.8% | |
| First-time Buyer: | 5.4% | |
| Second Mortgage: | 2.7% | |
| Total Application Types Found: 7 | ||
Average age: 43
Oldest age: 62
Youngest age: 24
The following figures show the average income of people living in Mount Pearl who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mount Pearl: | $55,731.32 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($2,717.10) |
| mortgage co-applicants in Mount Pearl: | $34,906.06 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($6,204.40) |
The following depicts the residential status of people living in Mount Pearl who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 18.9% | |
| Own: | 75.7% | |
| No Comment: | 2.7% | |
| Live with parents: | 2.7% |
The following table and pie chart represents the marital status of applicants from Mount Pearl, Newfoundland and Labrador using the preapproval application located at canequity.com. In Mount Pearl, over 81% of the mortgage applicants are either married or living common-law, while only 18% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 64.9% | |
| Common-law: | 16.2% | |
| Single: | 16.2% | |
| Separated: | 2.7% |
