Mortgage Stats and Info for Prince Edward Island, Canada
The following bar graph represents the volumes of applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Prince Edward Island usually occurs in January with 10.5% of applications, while our slowest is December with 5.7%.
The bar graph below plots the busy days for Internet applications that were received by the Super Brokers web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Prince Edward Island the busiest day, having more than 19.0% of all applications, is Monday. In comparison, Sunday is the slowest day with only 8.4% of all inquiries.
Inquiries are received 24 hours a day from the Super Brokers' web site. The time periods below indicates the rush hours for mortgage applications over a 24-hour period. 40.7% of all mortgages are received during the morning, while 59.3% arrive in the afternoon.
|Midnight - 1 AM||1.8%|
|1 AM - 2 AM||1.2%|
|2 AM - 3 AM||0.6%|
|3 AM - 4 AM||0.3%|
|4 AM - 5 AM||0.6%|
|5 AM - 6 AM||0.0%|
|6 AM - 7 AM||0.9%|
|7 AM - 8 AM||1.8%|
|8 AM - 9 AM||2.1%|
|9 AM - 10 AM||3.9%|
|10 AM - 11 AM||4.5%|
|11 AM - Noon||6.3%|
|Noon - 1 PM||4.8%|
|1 PM - 2 PM||8.4%|
|2 PM - 3 PM||6.9%|
|3 PM - 4 PM||5.7%|
|4 PM - 5 PM||7.8%|
|5 PM - 6 PM||5.4%|
|6 PM - 7 PM||6.3%|
|7 PM - 8 PM||7.8%|
|8 PM - 9 PM||6.0%|
|9 PM - 10 PM||8.7%|
|10 PM - 11 PM||3.6%|
|11 PM - Midnight||4.2%|
The chart displayed below depicts the peak seasons for Internet mortgage applications received by Super Brokers. The busiest season for mortgages within Prince Edward Island happens to occur in Summer with 26.5%, while the slow season is Autumn with 22.6%.
|Rank#||City/Town||% of Inquiries||Age||Income||Co-Income||Loan|
|11||North Wiltshire, PE||-||34||$33.9K||$29.5K||$48.2K|
|14||Wellington Station, PE||-||36||$39.5K||$30K||$86.5K|
|18||Vernon Bridge, PE||-||37||$47K||-||$53K|
|19||Murray Harbour, PE||-||39||$47.1K||$43.3K||$93.3K|
|20||Slemon Park, PE||-||45||$47.4K||$28.3K||$119K|
|21||Mount Stewart, PE||-||31||$46.3K||$41K||$108K|
Age Ranges for Mortgage Applicants
In Prince Edward Island, the median age for when people inquire about a mortgage is 34. The youngest person to apply for a mortgage with SuperBrokers was 19 years of age, inversely the oldest was 72 years young.
Marital Status for Mortgage Applicants
When people in Prince Edward Island fill out a online application, they enter a marital status, and the most frequent status' they report are Married with 47.6%, Single with 22.0%, Common Law with 19.0%, Separated with 6.3%, Divorced with 4.2%, and Widowed with 0.9%.
Of the mortgage applications in Prince Edward Island, the 3 most prominent types are Qualification with 19.6%, First-time Buyer with 19.0%, and Purchase with 18.7%.
- First-time Buyer
- No Money Down
|No Money Down||13.6%|
Current Living Arrangement
When asked on a mortgage application if they rent or own and where they reside, the people of Prince Edward Island commonly respond: Rent with 50.0%, Own with 34.9%, and Live with parents with 5.7%.