New Brunswick Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 30,000 to 60,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2008 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison | ** National Contribution |
|---|---|---|
| 2009: | * 11.11% | * 0.23% |
| 2008: | 16.99% | 0.34% |
| 2007: | 15.82% | 0.32% |
| 2006: | 15.43% | 0.31% |
| 2005: | 11.50% | 0.23% |
| 2004: | 12.29% | 0.25% |
| 2003: | 12.68% | 0.26% |
| 2002: | 4.18% | 0.09% |
The following illustrates the individual monthly volume history for Internet pre-approval applications from New Brunswick.
The following shows the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our second quarter (represented by the green bars) with 32.81% while our slowest is the fourth quarter (represented by the red bars) with 13.33%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 11.2% | |
| 2: | January: | 11.1% | |
| 3: | June: | 11.0% | |
| 4: | April: | 10.6% | |
| 5: | July: | 9.7% | |
| 6: | March: | 9.5% | |
| 7: | February: | 9.2% | |
| 8: | August: | 9.2% | |
| 9: | October: | 6.3% | |
| 10: | September: | 5.2% | |
| 11: | November: | 3.9% | |
| 12: | December: | 3.1% |
The information below shows the busy days for Internet applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In New Brunswick the busiest day of the week, with 17.91% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 7.84% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 17.9% | |
| 2: | Tuesday: | 17.8% | |
| 3: | Wednesday: | 17.5% | |
| 4: | Thursday: | 14.8% | |
| 5: | Friday: | 12.2% | |
| 6: | Sunday: | 12.0% | |
| 7: | Saturday: | 7.8% |
Applications are received 24 hours a day on our web site. The graph shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 0.0% of all mortgages are received before noon, while 57.4% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.5% |
| 01:00 to 01:59: | 0.3% |
| 02:00 to 02:59: | 0.1% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.8% |
| 05:00 to 05:59: | 2.0% |
| 06:00 to 06:59: | 5.6% |
| 07:00 to 07:59: | 5.9% |
| 08:00 to 08:59: | 6.5% |
| 09:00 to 09:59: | 7.3% |
| 10:00 to 10:59: | 6.5% |
| 11:00 to 11:59: | 6.8% |
| 12:00 to 12:59: | 8.8% |
| 13:00 to 13:59: | 6.8% |
| 14:00 to 14:59: | 4.4% |
| 15:00 to 15:59: | 4.6% |
| 16:00 to 16:59: | 5.1% |
| 17:00 to 17:59: | 7.3% |
| 18:00 to 18:59: | 6.1% |
| 19:00 to 19:59: | 5.2% |
| 20:00 to 20:59: | 4.7% |
| 21:00 to 21:59: | 2.6% |
| 22:00 to 22:59: | 1.2% |
| 23:00 to 23:59: | 0.5% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 1049.3% |
| British Columbia: | 540.7% |
| Manitoba: | 103.9% |
| New Brunswick: | 100.0% |
| Newfoundland and Labrador: | 55.6% |
| Nova Scotia: | 137.3% |
| Northwest Territories: | 15.7% |
| Nunavut: | 4.3% |
| Ontario: | 2412.7% |
| Prince Edward Island: | 19.5% |
| Quebec: | 190.7% |
| Saskatchewan: | 255.7% |
| Yukon Territories: | 10.8% |
| City or Town within the province of New Brunswick | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Loan | |
|---|---|---|---|---|---|---|
| 001: | SAINT JOHN, NB | 13.333% | 35 | $43,293.30 | $38,171.00 | $104,053.35 |
| 002: | FREDERICTON, NB | 11.242% | 35 | $43,666.71 | $33,353.71 | $117,953.56 |
| 003: | MONCTON, NB | 11.242% | 36 | $41,951.12 | $34,562.83 | $114,108.57 |
| 004: | MIRAMICHI, NB | 3.660% | 36 | $35,835.50 | $24,861.67 | $69,080.61 |
| 005: | RIVERVIEW, NB | 3.399% | 35 | $45,279.54 | $27,632.38 | $92,172.27 |
| 006: | OROMOCTO, NB | 3.007% | 31 | $54,045.96 | $19,368.00 | $163,141.18 |
| 007: | DIEPPE, NB | 2.745% | 30 | $45,113.95 | $36,153.33 | $116,957.39 |
| 008: | BATHURST, NB | 1.961% | 35 | $41,874.00 | $26,000.00 | $95,384.62 |
| 009: | ST STEPHEN, NB | 1.961% | 37 | $35,967.43 | $19,633.33 | $75,249.29 |
| 010: | ROTHESAY, NB | 1.438% | 43 | $58,017.82 | $39,000.00 | $116,190.00 |
| 011: | WOODSTOCK, NB | 1.307% | 43 | $51,736.00 | $41,250.00 | $104,250.00 |
| 012: | CAMPBELLTON, NB | 1.176% | 40 | $50,055.56 | $35,333.33 | $57,498.88 |
| 013: | EDMUNDSTON, NB | 1.046% | 34 | $35,550.00 | $40,500.00 | $107,714.29 |
| 014: | GRAND FALLS, NB | 1.046% | 30 | $69,897.00 | $43,000.00 | $71,183.33 |
| 015: | SHEDIAC, NB | 1.046% | 33 | $38,937.50 | $34,875.00 | $85,514.75 |
| 016: | QUISPAMSIS, NB | 0.784% | 47 | $47,440.50 | $31,660.33 | $126,681.83 |
| 017: | LINCOLN, NB | 0.784% | 37 | $45,308.00 | n/a | $149,875.00 |
| 018: | MINTO, NB | 0.784% | 28 | $75,000.00 | $43,000.00 | $42,620.00 |
| 019: | NOTRE-DAME, NB | 0.784% | 37 | $32,922.83 | $34,353.33 | $114,333.33 |
| 020: | SACKVILLE, NB | 0.654% | 39 | $124,131.00 | n/a | $157,700.00 |
| 021: | SUSSEX, NB | 0.654% | 38 | $38,920.00 | n/a | $55,666.67 |
| 022: | ST ANDREWS, NB | 0.654% | 44 | $48,404.80 | n/a | $106,200.00 |
| 023: | CAP-PELE, NB | 0.523% | 34 | $36,500.00 | $23,500.00 | $40,750.00 |
| 024: | HANWELL, NB | 0.523% | 37 | $63,582.75 | n/a | $109,352.75 |
| 025: | DALHOUSIE, NB | 0.523% | 31 | $24,500.00 | n/a | $61,750.00 |
| 026: | BELLEDUNE, NB | 0.523% | 37 | $45,000.00 | n/a | $49,666.67 |
| 027: | SAINT-QUENTIN, NB | 0.523% | 32 | $72,500.00 | n/a | $185,000.00 |
| 028: | REXTON, NB | 0.523% | 37 | $29,125.00 | n/a | $114,500.00 |
| 029: | BLACKVILLE, NB | 0.523% | 38 | $47,250.00 | n/a | $40,333.33 |
| 030: | DOUGLAS, NB | 0.523% | 38 | $53,680.25 | n/a | $105,000.00 |
| 031: | LAKEVILLE, NB | 0.392% | 25 | $25,500.00 | n/a | $120,000.00 |
| 032: | IRISHTOWN, NB | 0.392% | 27 | $28,000.00 | $18,000.00 | $162,000.00 |
| 033: | BERESFORD, NB | 0.392% | 34 | $50,166.67 | n/a | $71,633.33 |
| 034: | LORD'S COVE, NB | 0.392% | 38 | $44,424.00 | n/a | $46,333.33 |
| 035: | BAYSIDE, NB | 0.392% | 34 | $15,000.00 | n/a | $45,000.00 |
| 036: | GRAND-BARACHOIS, NB | 0.392% | 37 | $34,200.00 | n/a | $126,666.67 |
| 037: | MACES BAY, NB | 0.392% | 34 | $40,357.33 | $31,253.33 | $179,000.00 |
| 038: | PASSEKEAG, NB | 0.392% | 43 | $43,400.00 | n/a | $120,000.00 |
| 039: | GRAND MANAN, NB | 0.392% | 34 | $40,466.67 | n/a | $64,000.00 |
| 040: | HAMPTON, NB | 0.392% | 36 | $23,284.67 | n/a | $77,500.00 |
| 041: | NEGUAC, NB | 0.392% | 34 | $30,000.00 | n/a | $85,000.00 |
| 042: | SALISBURY, NB | 0.392% | 43 | n/a | n/a | $90,000.00 |
| 043: | NEW MARYLAND, NB | 0.392% | 46 | $35,050.00 | $32,333.33 | $143,500.00 |
| 044: | HILLSBOROUGH, NB | 0.392% | 40 | $32,600.00 | n/a | $85,000.00 |
| 045: | NEW DENMARK, NB | 0.392% | 44 | n/a | n/a | $45,000.00 |
| 046: | CAPE SPEAR, NB | 0.392% | 58 | $21,570.33 | n/a | n/a |
| 047: | BOUCTOUCHE, NB | 0.261% | 46 | n/a | n/a | $50,000.00 |
| 048: | KINGSTON, NB | 0.261% | 27 | $31,500.00 | n/a | $63,000.00 |
| 049: | HARTLAND, NB | 0.261% | 25 | $55,296.00 | n/a | $72,500.00 |
| 050: | TABUSINTAC, NB | 0.261% | 40 | $20,000.00 | $34,000.00 | $57,000.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.9% | |
| First-time Buyer: | 23.5% | |
| Refinance: | 17.5% | |
| No Money Down: | 16.9% | |
| Renewal: | 6.1% | |
| Purchase: | 3.9% | |
| Variable Rate: | 1.6% | |
| Pre-approval: | 0.9% | |
| Other: | 3.7% | |
| Total Application Types Found: 18 | ||
Average age: 36
Oldest age: 86
Youngest age: 20
The following depicts the average income of Canadians living in New Brunswick who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in New Brunswick: | $44,364.50 |
| applicants within all of Canada: | $57,862.36 |
| Difference: | ($13,497.86) |
| mortgage co-applicants in New Brunswick: | $31,892.20 |
| co-applicants within all of Canada: | $40,715.88 |
| Difference: | ($8,823.68) |
The chart and pie-graph below depicts the residential status of people living in New Brunswick who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 49.8% | |
| Own: | 38.7% | |
| Other: | 2.7% | |
| No Comment: | 3.5% | |
| Live with parents: | 5.2% |
The pie chart below represents the marital status of applicants from New Brunswick using the preapproval application located at the CanEquity web site. In New Brunswick, approximately 64% of the mortgage applicants are living together with someone, while only 34% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 48.2% | |
| Single: | 27.1% | |
| Common-law: | 16.6% | |
| Separated: | 4.1% | |
| Divorced: | 3.3% | |
| Widowed: | 0.8% |
