Last report update for Laval: Monday, June 30, 2008
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Laval Mortgage
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Boisbriand
Deux-Montagnes
Hampstead
Lorraine
Mascouche
Mont-Royal
Montreal
Saint-Eustache
Sainte-Therese
Terrebonne

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Laval Mortgages

Quebec Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Laval

Year Year to Year
Comparison
** National
Contribution
2008: * 10.42% * 0.02%
2007: 27.08% 0.04%
2006: 14.58% 0.02%
2005: 18.75% 0.03%
2004: 12.50% 0.02%
2003: 10.42% 0.02%
2002: 6.25% 0.01%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 18.75% and 0.03% respectively. ** Total national contribution of Laval mortgages in the past is currently 0.16% with a projected target of 0.17%.

Busy Days for Mortgages Received within Laval

The data below compares the busy days for online applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Laval, the day with the most volume, having more than 27.08% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 6.25% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 27.1%
2: Tuesday: 16.7%
3: Sunday: 14.6%
4: Friday: 12.5%
5: Wednesday: 12.5%
6: Thursday: 10.4%
7: Saturday: 6.3%
Busy Days Report for Laval Mortgages

Peak Hours for Originated Mortgages within Laval

Inquiries are received 24 hours a day from the CanEquity web site. The time periods below indicates the busy hours over 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: 6.3%
07:00 to 07:59: 6.3%
08:00 to 08:59: 6.3%
09:00 to 09:59: 6.3%
10:00 to 10:59: 14.6%
11:00 to 11:59: 2.1%
12:00 to 12:59: 4.2%
13:00 to 13:59: 10.4%
14:00 to 14:59: 4.2%
15:00 to 15:59: 4.2%
16:00 to 16:59: 2.1%
17:00 to 17:59: 6.3%
18:00 to 18:59: 10.4%
19:00 to 19:59: 2.1%
20:00 to 20:59: 4.2%
21:00 to 21:59: 8.3%
22:00 to 22:59: 2.1%
Peak Hours Graph for Mortgages in Laval

Note: Only hours that have had mortgages from Laval, Quebec are shown.

Quebec Mortgage Originations Compared to all other Provinces


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%
Laval Mortgages

Current City Standing within Quebec


Location Contribution
001:  MONTREAL, QC 0.819%
002:  GATINEAU, QC 0.406%
003:  LAVAL, QC 0.155%
004:  DOLLARD-DES-ORMEAUX, QC 0.106%
005:  BROSSARD, QC 0.103%
006:  PIERREFONDS, QC 0.100%
007:  LASALLE, QC 0.093%
008:  SAINT-LEONARD, QC 0.064%

Nearest Settlements


1Boisbriand, Quebec
2Saint-Eustache, Quebec
3Deux-Montagnes, Quebec
4Sainte-Therese, Quebec
5Mascouche, Quebec
6Mont-Royal, Quebec
7Lorraine, Quebec
8Hampstead, Quebec
9Terrebonne, Quebec
10Montreal, Quebec
11Saint-Lambert, Quebec
12Saint-Laurent, Quebec
13Blainville, Quebec
14Mirabel, Quebec
15L'Ile-Bizard, Quebec
16La Plaine, Quebec
17Dollard-Des-Ormeaux, Quebec
18Verdun, Quebec
19Saint-Leonard, Quebec
20Saint-Jerome, Quebec
21Montreal-Est, Quebec
22Pierrefonds, Quebec
23Cote Saint-Luc, Quebec
24Repentigny, Quebec
25Longueuil, Quebec


Product Popularity for Laval


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 33.3%
Renewal: 16.7%
No Money Down: 14.6%
First-time Buyer: 12.5%
Investment: 6.3%
Qualification: 4.2%
Low Doc: 4.2%
Variable Rate: 4.2%
Purchase: 2.1%
Equity Mortgage: 2.1%
 
Total Application Types Found: 10
 Laval Mortgage Product Popularity Pie Chart

Age Demographics for Laval Mortgage Applicants

Average age: 38
Oldest age: 63
Youngest age: 24


Incomes for Laval Mortgage Applicants

The amounts below are the average income of people living in Laval who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Laval: $63,669.59
applicants within all of Canada: $56,539.94
Difference: $7,129.64
  
mortgage co-applicants in Laval: $46,000.00
co-applicants within all of Canada: $39,480.41
Difference: $6,519.59

Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loan amounts were used.

Residential Status for Laval Originated Mortgages

The information below represents the residential status of people living in Laval who have submitted an inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 22.9%
Own: 68.8%
No Comment: 6.3%
Live with parents: 2.1%
Laval Residential Status Pie Chart

Marital Status for Laval Originated Mortgages

The following pie chart represents the marital status of applicants from Laval, Quebec using the preapproval application found on canequity.com. In Laval, over 58% of the mortgage applicants are living common-law or married, while only 41% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 47.9%
Single: 33.3%
Common-law: 10.4%
Divorced: 8.3%
Laval Marital Status Pie Chart