Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 12.70% | * 0.04% |
| 2009: | 14.29% | 0.04% |
| 2008: | 15.08% | 0.04% |
| 2007: | 11.90% | 0.03% |
| 2006: | 11.90% | 0.03% |
| 2005: | 10.32% | 0.03% |
| 2004: | 4.76% | 0.01% |
| 2003: | 11.11% | 0.03% |
| 2002: | 7.94% | 0.02% |
This bar graph depicts 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 second quarter (represented by the green bars) with 28.57% while our slowest is the fourth quarter (represented by the red bars) with 19.84%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 15.1% | |
| 2: | August: | 11.1% | |
| 3: | March: | 9.5% | |
| 4: | October: | 9.5% | |
| 5: | September: | 9.5% | |
| 6: | January: | 8.7% | |
| 7: | April: | 7.1% | |
| 8: | July: | 7.1% | |
| 9: | November: | 6.3% | |
| 10: | May: | 6.3% | |
| 11: | February: | 5.6% | |
| 12: | December: | 4.0% |
The graph listed below shows the busy days for mortgage applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Airdrie the busiest day, with approximately 19.84% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 4.76% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.8% | |
| 2: | Monday: | 18.3% | |
| 3: | Thursday: | 17.5% | |
| 4: | Wednesday: | 16.7% | |
| 5: | Sunday: | 11.9% | |
| 6: | Friday: | 11.1% | |
| 7: | Saturday: | 4.8% |
In Airdrie, mortgages are received 24 hours a day via the CanEquity web site. The information shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 23.8% of all mortgages are received during the morning, while 73.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.6% |
| 01:00 to 01:59: | 0.8% |
| 06:00 to 06:59: | 0.8% |
| 07:00 to 07:59: | 2.4% |
| 08:00 to 08:59: | 3.2% |
| 09:00 to 09:59: | 3.2% |
| 10:00 to 10:59: | 7.1% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 7.1% |
| 13:00 to 13:59: | 9.5% |
| 14:00 to 14:59: | 6.3% |
| 15:00 to 15:59: | 10.3% |
| 16:00 to 16:59: | 4.8% |
| 17:00 to 17:59: | 4.8% |
| 18:00 to 18:59: | 4.0% |
| 19:00 to 19:59: | 4.0% |
| 20:00 to 20:59: | 7.9% |
| 21:00 to 21:59: | 7.1% |
| 22:00 to 22:59: | 5.6% |
| 23:00 to 23:59: | 2.4% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.19% |
| British Columbia: | 10.79% |
| Manitoba: | 2.12% |
| New Brunswick: | 2.18% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.61% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 005: | LETHBRIDGE, AB | 0.424% |
| 006: | SHERWOOD PARK, AB | 0.409% |
| 007: | GRANDE PRAIRIE, AB | 0.347% |
| 008: | ST ALBERT, AB | 0.310% |
| 009: | MEDICINE HAT, AB | 0.295% |
| 010: | AIRDRIE, AB | 0.277% |
| 011: | OKOTOKS, AB | 0.257% |
| 012: | SPRUCE GROVE, AB | 0.220% |
| 013: | BROOKS, AB | 0.196% |
| 014: | COLD LAKE, AB | 0.161% |
| 015: | WHITECOURT, AB | 0.156% |
| 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: | 26.2% | |
| Qualification: | 21.4% | |
| Renewal: | 12.7% | |
| First-time Buyer: | 11.9% | |
| Purchase: | 11.9% | |
| No Money Down: | 7.9% | |
| Equity Mortgage: | 2.4% | |
| Variable Rate: | 2.4% | |
| Other: | 3.2% | |
| Total Application Types Found: 12 | ||
Average age: 38
Oldest age: 83
Youngest age: 20
The following depicts the average income of applicants living in Airdrie who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Airdrie: | $62,737.12 |
| applicants within all of Canada: | $58,945.81 |
| Difference: | $3,791.31 |
| mortgage co-applicants in Airdrie: | $42,326.55 |
| co-applicants within all of Canada: | $41,508.27 |
| Difference: | $818.28 |
The following table represents the residential status of people living in Airdrie who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 27.0% | |
| Own: | 57.9% | |
| No Comment: | 11.1% | |
| Live with parents: | 4.0% |
The following table and pie chart represents the marital status of applicants from Airdrie, Alberta using the online mortgage application found on canequity.com. 71% of the mortgage applicants are living common-law or married, while only 28% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 59.5% | |
| Single: | 20.6% | |
| Common-law: | 11.9% | |
| Divorced: | 4.0% | |
| Separated: | 4.0% |
