Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 12.99% | 0.04% |
| 2010: | 15.58% | 0.04% |
| 2009: | 11.69% | 0.03% |
| 2008: | 12.34% | 0.04% |
| 2007: | 9.74% | 0.03% |
| 2006: | 9.74% | 0.03% |
| 2005: | 8.44% | 0.03% |
| 2004: | 3.90% | 0.01% |
| 2003: | 9.09% | 0.03% |
| 2002: | 6.49% | 0.02% |
The 6-year bar graph below illustrates CanEquity's individual monthly volume history for Internet mortgage pre-approval applications from Airdrie, AB.
This graph shows the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Airdrie mostly occur during our third quarter (represented by the blue bars) with 29.22% while our slowest is the fourth quarter (represented by the red bars) with 20.78%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 13.6% | |
| 2: | September: | 11.7% | |
| 3: | August: | 11.0% | |
| 4: | March: | 9.7% | |
| 5: | October: | 9.7% | |
| 6: | January: | 8.4% | |
| 7: | November: | 6.5% | |
| 8: | April: | 6.5% | |
| 9: | February: | 6.5% | |
| 10: | July: | 6.5% | |
| 11: | May: | 5.2% | |
| 12: | December: | 4.5% |
The bar graph below illustrates the busy days for online mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Airdrie the busiest day, with approximately 19.48% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 5.84% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.5% | |
| 2: | Wednesday: | 17.5% | |
| 3: | Thursday: | 16.9% | |
| 4: | Monday: | 16.2% | |
| 5: | Sunday: | 12.3% | |
| 6: | Friday: | 11.7% | |
| 7: | Saturday: | 5.8% |
Mortgage applications are received 24 hours a day on the CanEquity web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 23.4% of all mortgages are received during the morning, while 74.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.3% |
| 01:00 to 01:59: | 1.3% |
| 05:00 to 05:59: | 0.6% |
| 06:00 to 06:59: | 0.6% |
| 07:00 to 07:59: | 1.9% |
| 08:00 to 08:59: | 2.6% |
| 09:00 to 09:59: | 2.6% |
| 10:00 to 10:59: | 7.8% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 8.4% |
| 13:00 to 13:59: | 7.8% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 9.7% |
| 16:00 to 16:59: | 5.2% |
| 17:00 to 17:59: | 4.5% |
| 18:00 to 18:59: | 3.9% |
| 19:00 to 19:59: | 5.8% |
| 20:00 to 20:59: | 7.8% |
| 21:00 to 21:59: | 7.8% |
| 22:00 to 22:59: | 4.5% |
| 23:00 to 23:59: | 1.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 20.94% |
| British Columbia: | 10.57% |
| Manitoba: | 2.06% |
| New Brunswick: | 2.43% |
| Newfoundland and Labrador: | 1.25% |
| Nova Scotia: | 3.28% |
| Northwest Territories: | 0.40% |
| Nunavut: | 0.10% |
| Ontario: | 48.07% |
| Prince Edward Island: | 0.53% |
| Quebec: | 3.97% |
| Saskatchewan: | 4.94% |
| Yukon Territories: | 0.41% |
| Location | Contribution | |
|---|---|---|
| 006: | SHERWOOD PARK, AB | 0.413% |
| 007: | OKOTOKS, AB | 0.327% |
| 008: | GRANDE PRAIRIE, AB | 0.325% |
| 009: | ST ALBERT, AB | 0.323% |
| 010: | MEDICINE HAT, AB | 0.296% |
| 011: | AIRDRIE, AB | 0.291% |
| 012: | SPRUCE GROVE, AB | 0.221% |
| 013: | BROOKS, AB | 0.189% |
| 014: | COLD LAKE, AB | 0.172% |
| 015: | WHITECOURT, AB | 0.151% |
| 016: | STONY PLAIN, AB | 0.147% |
| 1 | Balzac, Alberta |
| 2 | Calgary, Alberta |
| 3 | Crossfield, Alberta |
| 4 | Chestermere, Alberta |
| 5 | Acme, Alberta |
| 6 | Carstairs, Alberta |
| 7 | Cochrane, Alberta |
| 8 | De Winton, Alberta |
| 9 | Didsbury, Alberta |
| 10 | Cremona, Alberta |
| 11 | Langdon, Alberta |
| 12 | Bragg Creek, Alberta |
| 13 | Carbon, Alberta |
| 14 | Strathmore, Alberta |
| 15 | Three Hills, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.3% | |
| Qualification: | 20.8% | |
| Purchase: | 13.6% | |
| First-time Buyer: | 11.7% | |
| Renewal: | 11.7% | |
| No Money Down: | 7.8% | |
| Equity Mortgage: | 1.9% | |
| Variable Rate: | 1.9% | |
| Low Doc: | 1.3% | |
| HELOC: | 1.3% | |
| Other: | 2.4% | |
| Total Application Types Found: 14 | ||
Average age: 38
Oldest age: 83
Youngest age: 20
The figures below represent the average income of people living in Airdrie who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Airdrie: | $65,368.45 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $5,869.98 |
| mortgage co-applicants in Airdrie: | $47,223.28 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $4,820.15 |
The following depicts the residential status of people living in Airdrie who have applied for a mortgage loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.6% | |
| Own: | 57.8% | |
| Other: | 0.6% | |
| No Comment: | 9.1% | |
| Live with parents: | 3.9% |
The following information represents the marital status of applicants from Airdrie, Alberta using the mortgage application found at canequity.com. In Airdrie, 72% of the mortgage applicants are living together with someone, while only 27% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 61.7% | |
| Single: | 20.8% | |
| Common-law: | 10.4% | |
| Separated: | 3.9% | |
| Divorced: | 3.2% |
