Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.98% | 0.03% |
| 2010: | 11.98% | 0.04% |
| 2009: | 12.57% | 0.04% |
| 2008: | 12.57% | 0.04% |
| 2007: | 9.58% | 0.03% |
| 2006: | 10.18% | 0.03% |
| 2005: | 7.19% | 0.02% |
| 2004: | 8.98% | 0.03% |
| 2003: | 8.98% | 0.03% |
| 2002: | 8.98% | 0.03% |
The graph below displays the individual monthly volume history for Internet mortgage pre-approval applications received from St John's, NL.
The following bar graph illustrates the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from St John's seem to occur during our second quarter (represented by the green bars) with 29.94% while our slowest is the fourth quarter (represented by the red bars) with 17.96%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 13.2% | |
| 2: | July: | 12.0% | |
| 3: | March: | 10.8% | |
| 4: | August: | 10.2% | |
| 5: | June: | 10.2% | |
| 6: | September: | 7.8% | |
| 7: | October: | 7.2% | |
| 8: | April: | 6.6% | |
| 9: | February: | 6.6% | |
| 10: | December: | 6.0% | |
| 11: | November: | 4.8% | |
| 12: | January: | 4.8% |
The data below shows the busy days for online inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In St John's the busiest day of the week, with 20.36% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 9.58% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.4% | |
| 2: | Tuesday: | 20.4% | |
| 3: | Saturday: | 14.4% | |
| 4: | Thursday: | 12.6% | |
| 5: | Wednesday: | 12.0% | |
| 6: | Sunday: | 10.8% | |
| 7: | Friday: | 9.6% |
Applications are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the rush hours in the day. The data is taken from all days of all years. Only 5.4% of all mortgages are received during the morning, while 53.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 1.2% |
| 04:00 to 04:59: | 1.8% |
| 05:00 to 05:59: | 3.6% |
| 06:00 to 06:59: | 4.8% |
| 07:00 to 07:59: | 7.8% |
| 08:00 to 08:59: | 8.4% |
| 09:00 to 09:59: | 5.4% |
| 10:00 to 10:59: | 8.4% |
| 11:00 to 11:59: | 5.4% |
| 12:00 to 12:59: | 5.4% |
| 13:00 to 13:59: | 6.0% |
| 14:00 to 14:59: | 8.4% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 4.2% |
| 17:00 to 17:59: | 8.4% |
| 18:00 to 18:59: | 4.2% |
| 19:00 to 19:59: | 3.0% |
| 20:00 to 20:59: | 2.4% |
| 21:00 to 21:59: | 4.2% |
| 22:00 to 22:59: | 1.8% |
| 23:00 to 23:59: | 0.6% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.9% | |
| First-time Buyer: | 18.6% | |
| No Money Down: | 15.0% | |
| Refinance: | 15.0% | |
| Renewal: | 12.6% | |
| Purchase: | 8.4% | |
| Variable Rate: | 1.2% | |
| Other: | 2.4% | |
| Total Application Types Found: 11 | ||
Average age: 37
Oldest age: 71
Youngest age: 21
The information below represents the average income of applicants living in St John's who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in St John's: | $49,012.82 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($10,485.65) |
| mortgage co-applicants in St John's: | $33,977.63 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($8,425.50) |
The pie chart below shows the residential status of people living in St John's who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.5% | |
| Own: | 39.5% | |
| Other: | 1.2% | |
| No Comment: | 6.0% | |
| Live with parents: | 7.8% |
The following information represents the marital status of applicants from St John's, Newfoundland and Labrador using the online mortgage application located at the CanEquity web site. 52% of the mortgage applicants are living with someone, while only 47% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 41.9% | |
| Single: | 41.3% | |
| Common-law: | 10.8% | |
| Divorced: | 4.8% | |
| Separated: | 1.2% |
