Variable closed:	1.95%
1 year closed:	1.99%
3 year closed:	1.99%
5 year closed:	2.04%
10 year closed:	3.19%

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Kitimat Mortgage Information

Average Mortgage Loan in Kitimat: $130,500

Peak 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.

Peak Hours Graph for Mortgages in Kitimat

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.

Nearest Settlements

1	Terrace, British Columbia

2	Thornhill, British Columbia

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%