Last report update for New Brunswick: Tuesday, June 30, 2009
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New Brunswick Mortgages

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Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts were used.

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.


Yearly Volume Comparison for Mortgage Applications from New Brunswick

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%

Note: * These values are the percentages up to Tuesday, June 30, 2009. Estimated volume targets for the entire 2009 year are 20.65% and 0.42% respectively. ** Total national contribution of New Brunswick mortgages in the past is currently 2.03% with a projected target of 2.22%.

Monthly Volume History of Mortgage Applications from New Brunswick

The following illustrates the individual monthly volume history for Internet pre-approval applications from New Brunswick.


Monthly Volume Report for New Brunswick Mortgages

Busy Months for Mortgages in 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%.

RankMonth 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%
Busy Months Report for New Brunswick Mortgages

Busy Days for Mortgages in New Brunswick

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%
Busy Days Report for New Brunswick Mortgages

Peak Hours for New Brunswick Mortgage Applications

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%
Peak Hours Graph for Mortgages in New Brunswick

New Brunswick Mortgage Originations Compared to all other Provinces


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%
New Brunswick Mortgages

Top Producing Cities / Towns for Mortgages in New Brunswick

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

Product Popularity for New Brunswick


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
 New Brunswick Mortgage Product Popularity Pie Chart

Age Demographics for New Brunswick Mortgage Inquiries

Average age: 36
Oldest age: 86
Youngest age: 20


Incomes for New Brunswick Mortgage Inquiries

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)

Note: Commercial Mortgages were not included for this section, only residential loans from New Brunswick were used.

Residential Status for New Brunswick

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%
New Brunswick Residential Status Pie Chart

Marital Statistics for New Brunswick

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%
New Brunswick Marital Status Pie Chart