Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.71% | 0.60% |
| 2010: | 10.26% | 0.70% |
| 2009: | 14.20% | 0.97% |
| 2008: | 11.17% | 0.76% |
| 2007: | 10.56% | 0.72% |
| 2006: | 12.77% | 0.87% |
| 2005: | 10.15% | 0.69% |
| 2004: | 6.62% | 0.45% |
| 2003: | 7.94% | 0.54% |
| 2002: | 7.61% | 0.52% |
This bar graph shows the individual monthly volume history for Internet applications from Calgary, AB.
The 6-year bar graph below depicts the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Calgary usually occur during our first quarter (represented by the brown bars) with 29.23% while our slowest is the fourth quarter (represented by the red bars) with 19.14%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 10.7% | |
| 2: | March: | 9.9% | |
| 3: | May: | 9.8% | |
| 4: | April: | 9.6% | |
| 5: | June: | 8.7% | |
| 6: | February: | 8.6% | |
| 7: | July: | 8.0% | |
| 8: | August: | 7.9% | |
| 9: | September: | 7.6% | |
| 10: | October: | 7.2% | |
| 11: | November: | 6.2% | |
| 12: | December: | 5.7% |
The graph listed below shows the busy days for mortgage applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Calgary, the day with the most volume, having more than 19.31% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.80% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.3% | |
| 2: | Tuesday: | 18.2% | |
| 3: | Wednesday: | 17.5% | |
| 4: | Thursday: | 15.6% | |
| 5: | Friday: | 12.4% | |
| 6: | Sunday: | 9.2% | |
| 7: | Saturday: | 7.8% |
| 1: | 008 on Thursday, April 30, 2009. |
| 2: | 008 on Friday, May 22, 2009. |
| 3: | 008 on Tuesday, May 19, 2009. |
| 4: | 008 on Monday, January 11, 2010. |
| 5: | 008 on Wednesday, October 14, 2009. |
| 6: | 007 on Monday, May 1, 2006. |
| 7: | 007 on Monday, January 7, 2008. |
| 8: | 007 on Wednesday, January 28, 2009. |
| 9: | 007 on Tuesday, January 17, 2006. |
| 10: | 007 on Monday, January 9, 2006. |
Applications are received 24 hours a day via the CanEquity web site. The statistics shown below represents the busy hours in the day. The data is taken from all days of all years. Only 24.4% of all mortgages are received before noon, while 72.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.7% |
| 01:00 to 01:59: | 0.7% |
| 02:00 to 02:59: | 0.4% |
| 03:00 to 03:59: | 0.4% |
| 04:00 to 04:59: | 0.1% |
| 05:00 to 05:59: | 0.4% |
| 06:00 to 06:59: | 0.4% |
| 07:00 to 07:59: | 1.5% |
| 08:00 to 08:59: | 3.1% |
| 09:00 to 09:59: | 4.3% |
| 10:00 to 10:59: | 6.8% |
| 11:00 to 11:59: | 7.4% |
| 12:00 to 12:59: | 8.2% |
| 13:00 to 13:59: | 7.8% |
| 14:00 to 14:59: | 8.0% |
| 15:00 to 15:59: | 7.9% |
| 16:00 to 16:59: | 5.8% |
| 17:00 to 17:59: | 5.5% |
| 18:00 to 18:59: | 5.2% |
| 19:00 to 19:59: | 5.0% |
| 20:00 to 20:59: | 6.2% |
| 21:00 to 21:59: | 5.8% |
| 22:00 to 22:59: | 4.6% |
| 23:00 to 23:59: | 2.8% |
| 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 | |
|---|---|---|
| 001: | CALGARY, AB | 6.844% |
| 002: | EDMONTON, AB | 4.466% |
| 003: | RED DEER, AB | 0.610% |
| 004: | FORT MCMURRAY, AB | 0.602% |
| 005: | LETHBRIDGE, AB | 0.434% |
| 006: | SHERWOOD PARK, AB | 0.413% |
| 1 | Balzac, Alberta |
| 2 | Airdrie, Alberta |
| 3 | De Winton, Alberta |
| 4 | Chestermere, Alberta |
| 5 | Cochrane, Alberta |
| 6 | Crossfield, Alberta |
| 7 | Acme, Alberta |
| 8 | Langdon, Alberta |
| 9 | Bragg Creek, Alberta |
| 10 | Carstairs, Alberta |
| 11 | Carseland, Alberta |
| 12 | Didsbury, Alberta |
| 13 | Okotoks, Alberta |
| 14 | Cremona, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.7% | |
| First-time Buyer: | 18.4% | |
| Refinance: | 14.5% | |
| Purchase: | 12.2% | |
| Renewal: | 12.0% | |
| No Money Down: | 9.2% | |
| Pre-approval: | 2.1% | |
| Variable Rate: | 1.6% | |
| Second Mortgage: | 0.9% | |
| Equity Mortgage: | 0.9% | |
| Other: | 3.6% | |
| Total Application Types Found: 20 | ||
Average age: 37
Oldest age: 89
Youngest age: 19
The information below represents the average income of Canadians living in Calgary who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Calgary: | $67,203.70 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $7,705.24 |
| mortgage co-applicants in Calgary: | $46,759.90 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $4,356.77 |
The pie chart below shows the residential status of people living in Calgary who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.7% | |
| Own: | 46.2% | |
| Other: | 2.2% | |
| No Comment: | 8.3% | |
| Live with parents: | 3.6% |
The following information represents the marital status of applicants from Calgary, Alberta using the mortgage application found on the CanEquity Mortgage web site. Approximately 58% of the mortgage applicants are living common-law or married, while only 40% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.7% | |
| Single: | 32.9% | |
| Common-law: | 12.2% | |
| Divorced: | 4.1% | |
| Separated: | 3.6% | |
| Widowed: | 0.5% |
