New Brunswick Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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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 |
|---|---|---|
| 2008: | * 15.39% | * 0.32% |
| 2007: | 18.61% | 0.38% |
| 2006: | 18.15% | 0.37% |
| 2005: | 13.54% | 0.28% |
| 2004: | 14.46% | 0.30% |
| 2003: | 14.92% | 0.30% |
| 2002: | 4.92% | 0.10% |
The graph below illustrates CanEquity's individual monthly volume history for Internet mortgage pre-approval applications submitted from New Brunswick.
The bar graph below represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 31.23% while our slowest is the fourth quarter (represented by the red bars) with 12.46%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 11.9% | |
| 2: | July: | 11.4% | |
| 3: | May: | 11.1% | |
| 4: | August: | 10.5% | |
| 5: | April: | 10.0% | |
| 6: | March: | 10.0% | |
| 7: | February: | 9.4% | |
| 8: | June: | 8.3% | |
| 9: | October: | 6.3% | |
| 10: | September: | 5.1% | |
| 11: | November: | 3.2% | |
| 12: | December: | 2.9% |
The information listed below displays the busy days for mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In New Brunswick the busiest day, with approximately 18.92% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 7.38% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 18.9% | |
| 2: | Monday: | 17.4% | |
| 3: | Wednesday: | 16.6% | |
| 4: | Thursday: | 14.5% | |
| 5: | Friday: | 12.9% | |
| 6: | Sunday: | 12.3% | |
| 7: | Saturday: | 7.4% |
In New Brunswick, mortgages are received 24 hours a day on our web site. The information shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.5% |
| 01:00 to 01:59: | 0.3% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 1.5% |
| 06:00 to 06:59: | 6.0% |
| 07:00 to 07:59: | 5.2% |
| 08:00 to 08:59: | 6.8% |
| 09:00 to 09:59: | 6.9% |
| 10:00 to 10:59: | 6.8% |
| 11:00 to 11:59: | 6.9% |
| 12:00 to 12:59: | 8.6% |
| 13:00 to 13:59: | 7.7% |
| 14:00 to 14:59: | 4.3% |
| 15:00 to 15:59: | 4.3% |
| 16:00 to 16:59: | 4.9% |
| 17:00 to 17:59: | 6.8% |
| 18:00 to 18:59: | 6.5% |
| 19:00 to 19:59: | 5.4% |
| 20:00 to 20:59: | 5.1% |
| 21:00 to 21:59: | 2.6% |
| 22:00 to 22:59: | 1.4% |
| 23:00 to 23:59: | 0.6% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 1029.8% |
| British Columbia: | 555.4% |
| Manitoba: | 102.0% |
| New Brunswick: | 100.0% |
| Newfoundland and Labrador: | 56.8% |
| Nova Scotia: | 137.8% |
| Northwest Territories: | 14.5% |
| Nunavut: | 4.3% |
| Ontario: | 2379.5% |
| Prince Edward Island: | 18.3% |
| Quebec: | 185.1% |
| Saskatchewan: | 269.8% |
| 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 | 12.923% | 34 | $41,830.57 | $39,319.39 | $98,772.54 |
| 002: | MONCTON, NB | 11.538% | 35 | $39,859.04 | $30,142.07 | $106,461.67 |
| 003: | FREDERICTON, NB | 11.231% | 35 | $42,488.90 | $35,260.47 | $110,903.39 |
| 004: | RIVERVIEW, NB | 3.538% | 35 | $44,489.91 | $28,935.08 | $85,304.74 |
| 005: | MIRAMICHI, NB | 3.538% | 36 | $35,378.60 | $24,861.67 | $69,326.38 |
| 006: | OROMOCTO, NB | 3.077% | 30 | $53,017.20 | $19,368.00 | $160,560.00 |
| 007: | DIEPPE, NB | 2.615% | 29 | $35,052.53 | $33,482.86 | $106,255.53 |
| 008: | ST STEPHEN, NB | 2.154% | 37 | $36,334.15 | $19,633.33 | $76,422.31 |
| 009: | BATHURST, NB | 1.692% | 35 | $48,323.60 | $29,750.00 | $99,500.00 |
| 010: | WOODSTOCK, NB | 1.538% | 43 | $51,736.00 | $41,250.00 | $104,250.00 |
| 011: | ROTHESAY, NB | 1.538% | 43 | $59,819.60 | $39,000.00 | $114,933.33 |
| 012: | CAMPBELLTON, NB | 1.385% | 40 | $50,055.56 | $35,333.33 | $57,498.88 |
| 013: | GRAND FALLS, NB | 1.077% | 30 | $30,596.57 | $43,000.00 | $71,183.33 |
| 014: | SHEDIAC, NB | 1.077% | 32 | $34,500.00 | $34,875.00 | $92,016.86 |
| 015: | EDMUNDSTON, NB | 0.923% | 33 | $40,333.33 | $40,500.00 | $111,500.00 |
| 016: | QUISPAMSIS, NB | 0.923% | 47 | $47,440.50 | $31,660.33 | $126,681.83 |
| 017: | MINTO, NB | 0.923% | 28 | $75,000.00 | $43,000.00 | $42,620.00 |
| 018: | NOTRE-DAME, NB | 0.923% | 37 | $32,922.83 | $34,353.33 | $114,333.33 |
| 019: | SACKVILLE, NB | 0.769% | 39 | $124,131.00 | n/a | $157,700.00 |
| 020: | CAP-PELE, NB | 0.615% | 34 | $36,500.00 | $23,500.00 | $40,750.00 |
| 021: | BELLEDUNE, NB | 0.615% | 37 | $45,000.00 | n/a | $49,666.67 |
| 022: | LINCOLN, NB | 0.615% | 35 | $37,500.00 | n/a | $90,000.00 |
| 023: | REXTON, NB | 0.615% | 37 | $29,125.00 | n/a | $114,500.00 |
| 024: | BLACKVILLE, NB | 0.615% | 38 | $47,250.00 | n/a | $40,333.33 |
| 025: | DOUGLAS, NB | 0.615% | 38 | $53,680.25 | n/a | $105,000.00 |
| 026: | ST ANDREWS, NB | 0.615% | 41 | $52,006.00 | n/a | $117,250.00 |
| 027: | SUSSEX, NB | 0.462% | 40 | $37,000.00 | n/a | $71,250.00 |
| 028: | IRISHTOWN, NB | 0.462% | 27 | $28,000.00 | $18,000.00 | $162,000.00 |
| 029: | BERESFORD, NB | 0.462% | 34 | $50,166.67 | n/a | $71,633.33 |
| 030: | HANWELL, NB | 0.462% | 36 | $60,443.67 | n/a | $118,300.00 |
| 031: | LORD'S COVE, NB | 0.462% | 38 | $44,424.00 | n/a | $46,333.33 |
| 032: | BAYSIDE, NB | 0.462% | 34 | $15,000.00 | n/a | $45,000.00 |
| 033: | MACES BAY, NB | 0.462% | 34 | $40,357.33 | $31,253.33 | $179,000.00 |
| 034: | PASSEKEAG, NB | 0.462% | 43 | $43,400.00 | n/a | $120,000.00 |
| 035: | GRAND MANAN, NB | 0.462% | 34 | $40,466.67 | n/a | $64,000.00 |
| 036: | HAMPTON, NB | 0.462% | 36 | $23,284.67 | n/a | $77,500.00 |
| 037: | NEGUAC, NB | 0.462% | 34 | $30,000.00 | n/a | $85,000.00 |
| 038: | SALISBURY, NB | 0.462% | 43 | n/a | n/a | $90,000.00 |
| 039: | DALHOUSIE, NB | 0.462% | 28 | $24,333.33 | n/a | $75,666.67 |
| 040: | NEW MARYLAND, NB | 0.462% | 46 | $35,050.00 | $32,333.33 | $143,500.00 |
| 041: | SAINT-QUENTIN, NB | 0.462% | 34 | $71,250.00 | n/a | $170,000.00 |
| 042: | KINGSTON, NB | 0.308% | 27 | $31,500.00 | n/a | $63,000.00 |
| 043: | HARTLAND, NB | 0.308% | 25 | $55,296.00 | n/a | $72,500.00 |
| 044: | TABUSINTAC, NB | 0.308% | 40 | $20,000.00 | $34,000.00 | $57,000.00 |
| 045: | LAKEVILLE, NB | 0.308% | 25 | n/a | n/a | $120,000.00 |
| 046: | SAINT-FRANCOIS-DE-MADAWASKA, NB | 0.308% | 30 | $30,000.00 | $30,000.00 | $67,250.00 |
| 047: | LOWER KINTORE, NB | 0.308% | 42 | $34,500.00 | n/a | $44,550.00 |
| 048: | CHANCE HARBOUR, NB | 0.308% | 41 | $52,041.00 | n/a | $72,000.00 |
| 049: | TRACADIE-SHEILA, NB | 0.308% | 50 | $36,500.00 | n/a | $100,000.00 |
| 050: | WAASIS, NB | 0.308% | 22 | $32,000.00 | n/a | $86,250.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.5% | |
| First-time Buyer: | 23.5% | |
| Refinance: | 18.0% | |
| No Money Down: | 15.8% | |
| Renewal: | 5.2% | |
| Purchase: | 3.2% | |
| Variable Rate: | 1.8% | |
| Pre-approval: | 1.1% | |
| Other: | 3.9% | |
| Total Application Types Found: 18 | ||
Average age: 35
Oldest age: 86
Youngest age: 20
The figures below represent the average income of people living in New Brunswick who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in New Brunswick: | $43,091.00 |
| applicants within all of Canada: | $56,649.93 |
| Difference: | ($13,558.93) |
| mortgage co-applicants in New Brunswick: | $31,970.82 |
| co-applicants within all of Canada: | $39,630.33 |
| Difference: | ($7,659.51) |
The following depicts the residential status of people living in New Brunswick who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 49.5% | |
| Own: | 37.5% | |
| Other: | 2.9% | |
| No Comment: | 4.2% | |
| Live with parents: | 5.8% |
The following pie chart represents the marital status of applicants from New Brunswick using the mortgage application found on the CanEquity Mortgage web site. In New Brunswick, 64% of the mortgage applicants are either married or living common-law, while only 34% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 48.5% | |
| Single: | 27.7% | |
| Common-law: | 15.8% | |
| Separated: | 4.2% | |
| Divorced: | 3.1% | |
| Widowed: | 0.8% |
