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Variable closed: 2.20% 1 year closed: 2.44% 3 year closed: 2.59% 5 year closed: 2.84% 10 year closed: 3.74% 
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Kitimat Mortgage Information
Average Mortgage Loan in Kitimat: $130,500Peak Hours for Mortgages within Kitimat
Inquiries are received 24 hours a day on the Mortgage Super Brokers web site. The report shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 17.4% of all mortgages are received before noon, while 73.9% arrive in the afternoon.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 4.3% |
| 1AM | 01:00 to 01:59: | 0% |
| 2AM | 02:00 to 02:59: | 4.3% |
| 3AM | 03:00 to 03:59: | 0% |
| 4AM | 04:00 to 04:59: | 0% |
| 5AM | 05:00 to 05:59: | 0% |
| 6AM | 06:00 to 06:59: | 0% |
| 7AM | 07:00 to 07:59: | 0% |
| 8AM | 08:00 to 08:59: | 0% |
| 9AM | 09:00 to 09:59: | 4.3% |
| 10AM | 10:00 to 10:59: | 0% |
| 11AM | 11:00 to 11:59: | 13.0% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 21.7% |
| 1PM | 13:00 to 13:59: | 0% |
| 2PM | 14:00 to 14:59: | 0% |
| 3PM | 15:00 to 15:59: | 0% |
| 4PM | 16:00 to 16:59: | 8.7% |
| 5PM | 17:00 to 17:59: | 4.3% |
| 6PM | 18:00 to 18:59: | 8.7% |
| 7PM | 19:00 to 19:59: | 4.3% |
| 8PM | 20:00 to 20:59: | 8.7% |
| 9PM | 21:00 to 21:59: | 8.7% |
| 10PM | 22:00 to 22:59: | 4.3% |
| 11PM | 23:00 to 23:59: | 4.3% |
British Columbia Mortgage Originations Compared to all other Provinces and Territories
| Online Mortgage Origination for the Province or Territory of | Percentage of Applications |
|---|---|
| Alberta: | 21.07% |
| British Columbia: | 10.40% |
| Manitoba: | 2.00% |
| New Brunswick: | 2.53% |
| Newfoundland and Labrador: | 1.30% |
| Nova Scotia: | 3.29% |
| Northwest Territories: | 0.49% |
| Nunavut: | 0.10% |
| Ontario: | 47.31% |
| Prince Edward Island: | 0.51% |
| Quebec: | 3.94% |
| Saskatchewan: | 5.04% |
| Yukon: | 0.47% |
How Kitimat Ranks in British Columbia for Mortgage Business
The following table lists how Kitimat ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.
| Rank | Location | Contribution |
|---|---|---|
| 45 | SOOKE, BC | 0.050% |
| 46 | LADYSMITH, BC | 0.048% |
| 47 | COMOX, BC | 0.045% |
| 48 | WHITE ROCK, BC | 0.043% |
| 49 | SQUAMISH, BC | 0.041% |
| 50 | KITIMAT, BC | 0.040% |
| 51 | CASTLEGAR, BC | 0.040% |
| 52 | POWELL RIVER, BC | 0.040% |
| 53 | PARKSVILLE, BC | 0.040% |
| 54 | FORT NELSON, BC | 0.038% |
| 55 | CRESTON, BC | 0.038% |
Types of Mortgage Inquiries Received from Kitimat
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| Mortgage Pre-approval: | 26.1% | |
| First-time Home Buyer: | 13.0% | |
| Mortgage Renewal: | 13.0% | |
| New Home Purchase: | 13.0% | |
| Refinance / Debt Consolidation: | 13.0% | |
| No Money Down Mortgage (discontinued): | 8.7% | |
| Commercial: | 4.3% | |
| Equity Mortgage: | 4.3% | |
| Variable Rate: | 4.3% | |
| Total Application Types Found: 9 | ||
Age Demographics for Kitimat Mortgages
Average age: 40
Oldest age: 59
Youngest age: 26
Incomes for Kitimat Mortgages
The amounts shown below represent the average income of people living in Kitimat who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Kitimat: | $69,808.68 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | $8,956.14 |
| mortgage co-applicants in Kitimat: | $35,962.50 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | ($8,003.01) |
Note: Commercial loan amounts were not included for this report, only residential mortgage loans from Kitimat, British Columbia were used.
Last mortgage report update for Kitimat: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Prince George.
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 35.12% | |
| First-time Home Buyer | 19.05% | |
| New Purchase | 14.29% | |
| No Money Down discontinued | 10.12% | |
| Mortgage Renewal | 9.52% | |
| Refinance/Consolidate Debt | 8.93% | |
| Other | 2.98% |
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