Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.25% | 0.00% |
| 2010: | 6.25% | 0.00% |
| 2009: | 6.25% | 0.00% |
| 2007: | 31.25% | 0.01% |
| 2006: | 6.25% | 0.00% |
| 2005: | 6.25% | 0.00% |
| 2004: | 25.00% | 0.01% |
| 2003: | 6.25% | 0.00% |
| 2002: | 6.25% | 0.00% |
| 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 | |
|---|---|---|
| 057: | WESTLOCK, AB | 0.034% |
| 058: | THREE HILLS, AB | 0.034% |
| 059: | WAINWRIGHT, AB | 0.032% |
| 060: | CROSSFIELD, AB | 0.032% |
| 061: | CLAIRMONT, AB | 0.030% |
| 062: | CLARESHOLM, AB | 0.030% |
| 063: | SWAN HILLS, AB | 0.030% |
| 064: | ARDROSSAN, AB | 0.030% |
| 065: | LAC LA BICHE, AB | 0.030% |
| 066: | RIMBEY, AB | 0.028% |
| 067: | BLACKFALDS, AB | 0.028% |
| 1 | Granum, Alberta |
| 2 | Monarch, Alberta |
| 3 | Coalhurst, Alberta |
| 4 | Nobleford, Alberta |
| 5 | Fort Macleod, Alberta |
| 6 | Nanton, Alberta |
| 7 | Diamond City, Alberta |
| 8 | Lethbridge, Alberta |
| 9 | Cardston, Alberta |
| 10 | Longview, Alberta |
| 11 | High River, Alberta |
| 12 | Vulcan, Alberta |
| 13 | Picture Butte, Alberta |
| 14 | Iron Springs, Alberta |
| 15 | Cowley, Alberta |
| 16 | Magrath, Alberta |
| 17 | Raymond, Alberta |
| 18 | Coaldale, Alberta |
| 19 | Blackie, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 31.3% | |
| No Money Down: | 25.0% | |
| First-time Buyer: | 25.0% | |
| Qualification: | 12.5% | |
| Pre-approval: | 6.3% | |
| Total Application Types Found: 5 | ||
Average age: 42
Oldest age: 65
Youngest age: 25
The following figures show the average income of applicants living in Claresholm who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Claresholm: | $44,590.25 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($14,908.22) |
| mortgage co-applicants in Claresholm: | $33,500.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($8,903.13) |
The pie chart below shows the residential status of people living in Claresholm 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: | 50.0% | |
| Own: | 37.5% | |
| No Comment: | 12.5% |
The pie chart below represents the marital status of applicants from Claresholm, Alberta using the online mortgage application located at the CanEquity web site. 43% of the mortgage applicants are living common-law or married, while only 56% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 43.8% | |
| Single: | 31.3% | |
| Separated: | 18.8% | |
| Divorced: | 6.3% |
