Charlottetown Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Have an idea or suggestion on improving the Charlottetown mortgage stats page, please send us an e-mail.
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 2.94% | * 0.00% |
| 2006: | 20.59% | 0.02% |
| 2005: | 26.47% | 0.03% |
| 2004: | 17.65% | 0.02% |
| 2003: | 17.65% | 0.02% |
| 2002: | 14.71% | 0.02% |
The data below illustrates the busy days for mortgage inquiries that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Charlottetown the busiest day, with 20.59% of all applications, is Friday. In comparison, Wednesday's are the slowest day with only 5.88% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 20.6% | |
| 2: | Monday: | 17.6% | |
| 3: | Tuesday: | 17.6% | |
| 4: | Saturday: | 14.7% | |
| 5: | Thursday: | 11.8% | |
| 6: | Sunday: | 11.8% | |
| 7: | Wednesday: | 5.9% |
Applications are received 24 hours a day from our web site. The report shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 5.9% |
| 07:00 to 07:59: | 2.9% |
| 08:00 to 08:59: | 2.9% |
| 09:00 to 09:59: | 5.9% |
| 10:00 to 10:59: | 8.8% |
| 11:00 to 11:59: | 2.9% |
| 13:00 to 13:59: | 5.9% |
| 14:00 to 14:59: | 11.8% |
| 15:00 to 15:59: | 2.9% |
| 16:00 to 16:59: | 8.8% |
| 17:00 to 17:59: | 8.8% |
| 18:00 to 18:59: | 14.7% |
| 19:00 to 19:59: | 11.8% |
| 20:00 to 20:59: | 2.9% |
| 21:00 to 21:59: | 2.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.08% |
| British Columbia: | 11.39% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.16% |
| Nova Scotia: | 2.80% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.09% |
| Ontario: | 48.59% |
| Prince Edward Island: | 0.38% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.56% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 001: | CHARLOTTETOWN, PE | 0.110% |
| 002: | SUMMERSIDE, PE | 0.035% |
| 003: | CORNWALL, PE | 0.029% |
| 004: | STRATFORD, PE | 0.023% |
| 005: | O'LEARY, PE | 0.019% |
| 006: | MONTAGUE, PE | 0.019% |
| 1 | Stratford, Prince Edward Island |
| 2 | Cornwall, Prince Edward Island |
| 3 | New London, Prince Edward Island |
| 4 | Kinkora, Prince Edward Island |
| 5 | Ellerslie, Prince Edward Island |
| 6 | Summerside, Prince Edward Island |
| 7 | Montague, Prince Edward Island |
| 8 | Murray Harbour, Prince Edward Island |
| 9 | O'Leary, Prince Edward Island |
| 10 | Souris, Prince Edward Island |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 26.5% | |
| Refinance: | 23.5% | |
| No Money Down: | 23.5% | |
| Qualification: | 11.8% | |
| Renewal: | 5.9% | |
| Purchase: | 5.9% | |
| Fixed Rate: | 2.9% | |
| Total Application Types Found: 7 | ||
Average age: 35
Oldest age: 57
Youngest age: 21
The amounts below are the average income of applicants living in Charlottetown who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Charlottetown: | $35,179.40 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | ($21,360.54) |
| mortgage co-applicants in Charlottetown: | $24,790.00 |
| co-applicants within all of Canada: | $39,480.41 |
| Difference: | ($14,690.41) |
The following table represents the residential status of people living in Charlottetown who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 41.2% | |
| Own: | 35.3% | |
| Other: | 5.9% | |
| No Comment: | 11.8% | |
| Live with parents: | 5.9% |
The following information represents the marital status of applicants from Charlottetown, Prince Edward Island using the mortgage application found on the CanEquity Mortgage web site. In Charlottetown, approximately 79% of the mortgage applicants are either married or living common-law, while only 20% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Common-law: | 29.4% | |
| Single: | 17.6% | |
| Divorced: | 2.9% |
