Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 28.57% | 0.00% |
| 2010: | 14.29% | 0.00% |
| 2008: | 14.29% | 0.00% |
| 2006: | 14.29% | 0.00% |
| 2004: | 14.29% | 0.00% |
| 2003: | 14.29% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 109: | VALLEYVIEW, AB | 0.013% |
| 110: | PENHOLD, AB | 0.013% |
| 111: | CARDSTON, AB | 0.013% |
| 112: | CORONATION, AB | 0.013% |
| 113: | BLACK DIAMOND, AB | 0.013% |
| 114: | BOYLE, AB | 0.013% |
| 115: | CALMAR, AB | 0.013% |
| 116: | COALHURST, AB | 0.011% |
| 117: | LA CRETE, AB | 0.011% |
| 118: | MAGRATH, AB | 0.011% |
| 119: | MANNING, AB | 0.011% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 57.1% | |
| Equity Mortgage: | 14.3% | |
| Refinance: | 14.3% | |
| First-time Buyer: | 14.3% | |
| Total Application Types Found: 4 | ||
Average age: 39
Oldest age: 51
Youngest age: 26
The amounts shown below represent the average income of applicants living in Boyle who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Boyle: | $84,714.29 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $25,215.82 |
Since the average income of Boyle is substantially higher than our national average, we have included the MEDIAN annual gross income for this town. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Boyle: | $74,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $14,501.53 |
The pie chart below shows the residential status of people living in Boyle who have applied for a loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 57.1% | |
| Own: | 42.9% |
The following pie chart represents the marital status of applicants from Boyle, Alberta using the preapproval application found at canequity.com. Over 85% of the mortgage applicants are living common-law or married, while only 14% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.1% | |
| Common-law: | 28.6% | |
| Single: | 14.3% |
