Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.70% | 0.01% |
| 2010: | 13.04% | 0.01% |
| 2009: | 13.04% | 0.01% |
| 2008: | 17.39% | 0.01% |
| 2006: | 15.22% | 0.01% |
| 2005: | 13.04% | 0.01% |
| 2004: | 6.52% | 0.01% |
| 2003: | 13.04% | 0.01% |
The bar graph listed below compares the busy days for online inquiries that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Mount Pearl the busiest day, with 28.26% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 8.70% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 28.3% | |
| 2: | Wednesday: | 17.4% | |
| 3: | Monday: | 15.2% | |
| 4: | Thursday: | 10.9% | |
| 5: | Sunday: | 10.9% | |
| 6: | Friday: | 8.7% | |
| 7: | Saturday: | 8.7% |
In Mount Pearl, applications are received 24 hours a day via the CanEquity web site. The time periods below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 2.2% of all mortgages are received before noon, while 47.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 2.2% |
| 05:00 to 05:59: | 6.5% |
| 06:00 to 06:59: | 6.5% |
| 07:00 to 07:59: | 13.0% |
| 08:00 to 08:59: | 4.3% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 10.9% |
| 11:00 to 11:59: | 2.2% |
| 12:00 to 12:59: | 6.5% |
| 13:00 to 13:59: | 10.9% |
| 14:00 to 14:59: | 4.3% |
| 15:00 to 15:59: | 6.5% |
| 16:00 to 16:59: | 4.3% |
| 17:00 to 17:59: | 6.5% |
| 18:00 to 18:59: | 6.5% |
| 19:00 to 19:59: | 2.2% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 001: | ST JOHN'S, NL | 0.315% |
| 002: | CORNER BROOK, NL | 0.094% |
| 003: | MOUNT PEARL, NL | 0.087% |
| 004: | CONCEPTION BAY SOUTH, NL | 0.047% |
| 005: | PARADISE, NL | 0.047% |
| 006: | GRAND FALLS-WINDSOR, NL | 0.043% |
| 007: | GANDER, NL | 0.038% |
| 008: | PORTUGAL COVE-ST PHILIPS, NL | 0.032% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.1% | |
| Refinance: | 21.7% | |
| Renewal: | 17.4% | |
| No Money Down: | 15.2% | |
| Purchase: | 10.9% | |
| First-time Buyer: | 6.5% | |
| Second Mortgage: | 2.2% | |
| Total Application Types Found: 7 | ||
Average age: 42
Oldest age: 62
Youngest age: 22
The numbers below represent the average income of people living in Mount Pearl who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mount Pearl: | $55,972.98 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($3,525.49) |
| mortgage co-applicants in Mount Pearl: | $39,014.05 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($3,389.08) |
The pie chart below shows the residential status of people living in Mount Pearl who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 21.7% | |
| Own: | 71.7% | |
| Other: | 2.2% | |
| No Comment: | 2.2% | |
| Live with parents: | 2.2% |
The following table and pie chart represents the marital status of applicants from Mount Pearl, Newfoundland and Labrador using the online mortgage application located at the CanEquity web site. 73% of the mortgage applicants are living together with someone, while only 26% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.7% | |
| Single: | 17.4% | |
| Common-law: | 15.2% | |
| Separated: | 6.5% | |
| Divorced: | 2.2% |
