Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 9.40% | * 0.67% |
| 2009: | 15.88% | 1.13% |
| 2008: | 12.49% | 0.89% |
| 2007: | 11.81% | 0.84% |
| 2006: | 14.28% | 1.02% |
| 2005: | 11.35% | 0.81% |
| 2004: | 7.40% | 0.53% |
| 2003: | 8.88% | 0.63% |
| 2002: | 8.51% | 0.61% |
The following bar graph depicts the individual monthly volume history for Internet mortgage applications originating from Calgary, AB.
This bar graph displays the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Calgary mostly occur during our first quarter (represented by the brown bars) with 30.28% while our slowest is the fourth quarter (represented by the red bars) with 17.51%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 11.1% | |
| 2: | May: | 10.3% | |
| 3: | March: | 10.2% | |
| 4: | April: | 9.8% | |
| 5: | February: | 8.9% | |
| 6: | June: | 8.7% | |
| 7: | July: | 8.5% | |
| 8: | August: | 7.7% | |
| 9: | September: | 7.1% | |
| 10: | October: | 6.4% | |
| 11: | November: | 5.7% | |
| 12: | December: | 5.4% |
The information below illustrates the busy days for mortgage applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Calgary the busiest day, with approximately 19.52% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.62% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.5% | |
| 2: | Tuesday: | 18.4% | |
| 3: | Wednesday: | 17.4% | |
| 4: | Thursday: | 15.4% | |
| 5: | Friday: | 12.3% | |
| 6: | Sunday: | 9.3% | |
| 7: | Saturday: | 7.6% |
| 1: | 008 on Thursday, April 30, 2009. |
| 2: | 008 on Monday, January 11, 2010. |
| 3: | 008 on Friday, May 22, 2009. |
| 4: | 008 on Wednesday, October 14, 2009. |
| 5: | 008 on Tuesday, May 19, 2009. |
| 6: | 007 on Tuesday, February 19, 2008. |
| 7: | 007 on Monday, January 12, 2009. |
| 8: | 007 on Sunday, February 27, 2005. |
| 9: | 007 on Monday, May 1, 2006. |
| 10: | 007 on Monday, January 7, 2008. |
In Calgary, applications are received 24 hours a day on the CanEquity web site. The information shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.6% |
| 01:00 to 01:59: | 0.6% |
| 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: | 1.6% |
| 08:00 to 08:59: | 2.9% |
| 09:00 to 09:59: | 4.4% |
| 10:00 to 10:59: | 6.8% |
| 11:00 to 11:59: | 7.4% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 7.8% |
| 14:00 to 14:59: | 8.1% |
| 15:00 to 15:59: | 7.5% |
| 16:00 to 16:59: | 5.6% |
| 17:00 to 17:59: | 5.5% |
| 18:00 to 18:59: | 5.3% |
| 19:00 to 19:59: | 5.1% |
| 20:00 to 20:59: | 6.3% |
| 21:00 to 21:59: | 5.9% |
| 22:00 to 22:59: | 4.7% |
| 23:00 to 23:59: | 2.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.21% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 001: | CALGARY, AB | 7.120% |
| 002: | EDMONTON, AB | 4.564% |
| 003: | RED DEER, AB | 0.626% |
| 004: | FORT MCMURRAY, AB | 0.577% |
| 005: | LETHBRIDGE, AB | 0.424% |
| 006: | SHERWOOD PARK, AB | 0.408% |
| 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: | 26.2% | |
| First-time Buyer: | 19.4% | |
| Refinance: | 14.7% | |
| Renewal: | 11.9% | |
| No Money Down: | 9.5% | |
| Purchase: | 9.4% | |
| Pre-approval: | 2.3% | |
| Variable Rate: | 1.8% | |
| Equity Mortgage: | 0.9% | |
| Investment: | 0.9% | |
| Other: | 2.9% | |
| Total Application Types Found: 17 | ||
Average age: 37
Oldest age: 89
Youngest age: 19
The numbers below represent the average income of applicants living in Calgary who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Calgary: | $66,153.49 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | $7,203.36 |
| mortgage co-applicants in Calgary: | $45,235.43 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | $3,718.05 |
The information below represents the residential status of people living in Calgary who have applied for a mortgage loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.7% | |
| Own: | 45.6% | |
| Other: | 2.2% | |
| No Comment: | 9.1% | |
| Live with parents: | 3.5% |
The following table and pie chart represents the marital status of applicants from Calgary, Alberta using the preapproval application found at canequity.com. In Calgary, over 58% of the mortgage applicants are living common-law or married, while only 41% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.1% | |
| Single: | 33.1% | |
| Common-law: | 12.3% | |
| Divorced: | 4.3% | |
| Separated: | 3.6% | |
| Widowed: | 0.6% |
