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Port Moody Mortgage Information

Average Mortgage Loan in Port Moody: $295,427

Busy Days for Mortgages within Port Moody

The information below compares the busy days for Internet mortgage applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Port Moody, the day with the most volume, generating 29.03% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 6.45% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 29.0%
2 Friday: 19.4%
3 Wednesday: 16.1%
4 Sunday: 12.9%
5 Thursday: 9.7%
6 Tuesday: 6.5%
7 Saturday: 6.5%
Busy Days Report for Port Moody Mortgages

Peak Hours for Mortgage Applicants within Port Moody

Inquiries are received 24 hours a day via the Super Brokers web site. The statistics shown below represents the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Port Moody
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 3.2%
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: 3.2%
8AM 08:00 to 08:59: 3.2%
9AM 09:00 to 09:59: 3.2%
10AM 10:00 to 10:59: 9.7%
11AM 11:00 to 11:59: 6.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 9.7%
1PM 13:00 to 13:59: 9.7%
2PM 14:00 to 14:59: 3.2%
3PM 15:00 to 15:59: 3.2%
4PM 16:00 to 16:59: 6.5%
5PM 17:00 to 17:59: 9.7%
6PM 18:00 to 18:59: 6.5%
7PM 19:00 to 19:59: 9.7%
8PM 20:00 to 20:59: 3.2%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 3.2%
11PM 23:00 to 23:59: 6.5%

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 Port Moody Ranks in British Columbia for Mortgage Business

The following table lists how Port Moody 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.

RankLocation Contribution
33VANDERHOOF, BC 0.067%
34WILLIAMS LAKE, BC 0.066%
35DUNCAN, BC 0.066%
36REVELSTOKE, BC 0.057%
37SPARWOOD, BC 0.055%
38PORT MOODY, BC 0.054%
39PRINCE RUPERT, BC 0.052%
40KIMBERLEY, BC 0.052%
41TRAIL, BC 0.052%
42SECHELT, BC 0.050%
43MERRITT, BC 0.050%

Types of Mortgage Inquiries Received from Port Moody


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 25.8%
Mortgage Renewal: 19.4%
Refinance / Debt Consolidation: 16.1%
New Home Purchase: 16.1%
First-time Home Buyer: 12.9%
No Money Down Mortgage (discontinued): 6.5%
Other: 3.2%
 
Total Application Types Found: 7

Age Demographics for Port Moody Applicants

Average age: 38
Oldest age: 61
Youngest age: 19


Incomes for Port Moody Applicants

The figures below represent the average income of people living in Port Moody who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Port Moody: $93,015.56
applicants within all of Canada: $60,852.54
Difference: $32,163.01
  
mortgage co-applicants in Port Moody: $48,125.00
co-applicants within all of Canada: $43,965.51
Difference: $4,159.49

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loan amounts were used.


Last mortgage report update for Port Moody: Friday, July 1, 2016
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