Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.11% | 0.01% |
| 2010: | 24.44% | 0.02% |
| 2009: | 17.78% | 0.01% |
| 2008: | 11.11% | 0.01% |
| 2007: | 6.67% | 0.01% |
| 2006: | 6.67% | 0.01% |
| 2005: | 6.67% | 0.01% |
| 2004: | 4.44% | 0.00% |
| 2003: | 8.89% | 0.01% |
| 2002: | 2.22% | 0.00% |
The information below illustrates the busy days for online mortgage applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Chestermere the busiest day of the week, with 28.89% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 2.22% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 28.9% | |
| 2: | Tuesday: | 24.4% | |
| 3: | Wednesday: | 20.0% | |
| 4: | Thursday: | 11.1% | |
| 5: | Friday: | 8.9% | |
| 6: | Sunday: | 4.4% | |
| 7: | Saturday: | 2.2% |
Mortgage inquiries are received 24 hours a day from the CanEquity web site. The graph shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 17.8% of all mortgages are received during the morning, while 80.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 2.2% |
| 09:00 to 09:59: | 8.9% |
| 10:00 to 10:59: | 4.4% |
| 11:00 to 11:59: | 4.4% |
| 12:00 to 12:59: | 4.4% |
| 13:00 to 13:59: | 8.9% |
| 14:00 to 14:59: | 8.9% |
| 15:00 to 15:59: | 11.1% |
| 16:00 to 16:59: | 4.4% |
| 17:00 to 17:59: | 4.4% |
| 18:00 to 18:59: | 6.7% |
| 19:00 to 19:59: | 2.2% |
| 20:00 to 20:59: | 4.4% |
| 21:00 to 21:59: | 11.1% |
| 22:00 to 22:59: | 11.1% |
| 23:00 to 23:59: | 2.2% |
| 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 | |
|---|---|---|
| 024: | FORT SASKATCHEWAN, AB | 0.098% |
| 025: | COCHRANE, AB | 0.098% |
| 026: | CANMORE, AB | 0.096% |
| 027: | HIGH RIVER, AB | 0.091% |
| 028: | CAMROSE, AB | 0.087% |
| 029: | CHESTERMERE, AB | 0.085% |
| 030: | LACOMBE, AB | 0.081% |
| 031: | INNISFAIL, AB | 0.077% |
| 032: | ROCKY MOUNTAIN HOUSE, AB | 0.076% |
| 033: | HINTON, AB | 0.068% |
| 034: | BEAUMONT, AB | 0.068% |
| 1 | Airdrie, Alberta |
| 2 | Strathmore, Alberta |
| 3 | Langdon, Alberta |
| 4 | Calgary, Alberta |
| 5 | Balzac, Alberta |
| 6 | De Winton, Alberta |
| 7 | Crossfield, Alberta |
| 8 | Irricana, Alberta |
| 9 | Carseland, Alberta |
| 10 | Acme, Alberta |
| 11 | Carstairs, Alberta |
| 12 | Okotoks, Alberta |
| 13 | Carbon, Alberta |
| 14 | Standard, Alberta |
| 15 | Bassano, Alberta |
| 16 | Didsbury, Alberta |
| 17 | Aldersyde, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.7% | |
| Purchase: | 20.0% | |
| Refinance: | 15.6% | |
| Renewal: | 11.1% | |
| Pre-approval: | 6.7% | |
| Fixed Rate: | 4.4% | |
| No Money Down: | 4.4% | |
| First-time Buyer: | 4.4% | |
| Variable Rate: | 4.4% | |
| Equity Mortgage: | 2.2% | |
| Total Application Types Found: 10 | ||
Average age: 37
Oldest age: 70
Youngest age: 20
The amounts shown below represent the average income of people living in Chestermere who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Chestermere: | $81,817.02 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $22,318.56 |
| mortgage co-applicants in Chestermere: | $63,295.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $20,891.87 |
The pie chart below shows the residential status of people living in Chestermere who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 15.6% | |
| Own: | 60.0% | |
| Other: | 11.1% | |
| No Comment: | 6.7% | |
| Live with parents: | 6.7% |
The following information represents the marital status of applicants from Chestermere, Alberta using the mortgage application found on the CanEquity Mortgage web site. 68% of the mortgage applicants are living with someone, while only 28% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.3% | |
| Common-law: | 15.6% | |
| Single: | 15.6% | |
| Separated: | 13.3% | |
| Widowed: | 2.2% |
