Dartmouth Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.84% | * 0.01% |
| 2009: | 13.71% | 0.04% |
| 2008: | 11.29% | 0.03% |
| 2007: | 10.48% | 0.03% |
| 2006: | 18.55% | 0.05% |
| 2005: | 9.68% | 0.03% |
| 2004: | 12.90% | 0.04% |
| 2003: | 9.68% | 0.03% |
| 2002: | 8.87% | 0.03% |
The following bar graph represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Dartmouth seem to occur during our first quarter (represented by the brown bars) with 32.26% while our slowest is the fourth quarter (represented by the red bars) with 17.74%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 12.9% | |
| 2: | February: | 12.1% | |
| 3: | April: | 11.3% | |
| 4: | September: | 10.5% | |
| 5: | May: | 9.7% | |
| 6: | July: | 8.1% | |
| 7: | January: | 7.3% | |
| 8: | October: | 7.3% | |
| 9: | December: | 5.7% | |
| 10: | June: | 5.7% | |
| 11: | November: | 4.8% | |
| 12: | August: | 4.8% |
The information below compares 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 Dartmouth the busiest day of the week, with 19.35% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 9.68% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.4% | |
| 2: | Wednesday: | 17.7% | |
| 3: | Saturday: | 13.7% | |
| 4: | Thursday: | 13.7% | |
| 5: | Monday: | 12.9% | |
| 6: | Friday: | 12.9% | |
| 7: | Sunday: | 9.7% |
In Dartmouth, applications are received 24 hours a day from the CanEquity web site. The statistics shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 29.0% of all mortgages are received before noon, while 56.5% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.8% |
| 02:00 to 02:59: | 0.8% |
| 03:00 to 03:59: | 1.6% |
| 05:00 to 05:59: | 3.2% |
| 06:00 to 06:59: | 8.1% |
| 07:00 to 07:59: | 5.6% |
| 08:00 to 08:59: | 4.0% |
| 09:00 to 09:59: | 4.8% |
| 10:00 to 10:59: | 3.2% |
| 11:00 to 11:59: | 11.3% |
| 12:00 to 12:59: | 7.3% |
| 13:00 to 13:59: | 8.9% |
| 14:00 to 14:59: | 4.0% |
| 15:00 to 15:59: | 4.0% |
| 16:00 to 16:59: | 5.6% |
| 17:00 to 17:59: | 6.5% |
| 18:00 to 18:59: | 7.3% |
| 19:00 to 19:59: | 3.2% |
| 20:00 to 20:59: | 3.2% |
| 21:00 to 21:59: | 2.4% |
| 22:00 to 22:59: | 1.6% |
| 23:00 to 23:59: | 2.4% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 001: | HALIFAX, NS | 0.406% |
| 002: | DARTMOUTH, NS | 0.291% |
| 003: | SYDNEY, NS | 0.141% |
| 004: | TRURO, NS | 0.117% |
| 005: | LOWER SACKVILLE, NS | 0.115% |
| 006: | YARMOUTH, NS | 0.092% |
| 007: | GLACE BAY, NS | 0.063% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.0% | |
| Qualification: | 22.6% | |
| First-time Buyer: | 16.1% | |
| Renewal: | 15.3% | |
| No Money Down: | 14.5% | |
| Purchase: | 3.2% | |
| Variable Rate: | 1.6% | |
| Other: | 1.6% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 68
Youngest age: 22
The amounts shown below represent the average income of applicants living in Dartmouth who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Dartmouth: | $54,449.36 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($4,133.02) |
| mortgage co-applicants in Dartmouth: | $38,150.82 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($3,075.00) |
The pie chart below shows the residential status of people living in Dartmouth who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.5% | |
| Own: | 48.4% | |
| Other: | 2.4% | |
| No Comment: | 5.6% | |
| Live with parents: | 4.0% |
The information below shows the marital status of applicants from Dartmouth, Nova Scotia using the mortgage preapproval application found on the CanEquity Mortgage web site. In Dartmouth, over 70% of the mortgage applicants are living common-law or married, while only 29% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.2% | |
| Single: | 22.6% | |
| Common-law: | 17.7% | |
| Divorced: | 3.2% | |
| Separated: | 3.2% |
