Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 13.33% | 0.01% |
| 2010: | 26.67% | 0.01% |
| 2009: | 13.33% | 0.01% |
| 2008: | 10.00% | 0.01% |
| 2007: | 20.00% | 0.01% |
| 2004: | 10.00% | 0.01% |
| 2003: | 3.33% | 0.00% |
| 2002: | 3.33% | 0.00% |
The data below displays the busy days for online applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Devon the busiest day of the week, with 30.00% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 3.33% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 30.0% | |
| 2: | Tuesday: | 16.7% | |
| 3: | Thursday: | 16.7% | |
| 4: | Wednesday: | 13.3% | |
| 5: | Friday: | 10.0% | |
| 6: | Sunday: | 10.0% | |
| 7: | Saturday: | 3.3% |
Inquiries are received 24 hours a day via the CanEquity web site. The statistics shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 23.3% of all mortgages are received before noon, while 66.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 6.7% |
| 02:00 to 02:59: | 3.3% |
| 04:00 to 04:59: | 3.3% |
| 07:00 to 07:59: | 3.3% |
| 08:00 to 08:59: | 10.0% |
| 11:00 to 11:59: | 6.7% |
| 12:00 to 12:59: | 13.3% |
| 14:00 to 14:59: | 3.3% |
| 15:00 to 15:59: | 10.0% |
| 17:00 to 17:59: | 6.7% |
| 19:00 to 19:59: | 3.3% |
| 20:00 to 20:59: | 13.3% |
| 21:00 to 21:59: | 6.7% |
| 22:00 to 22:59: | 10.0% |
| 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 | |
|---|---|---|
| 032: | ROCKY MOUNTAIN HOUSE, AB | 0.076% |
| 033: | HINTON, AB | 0.068% |
| 034: | BEAUMONT, AB | 0.068% |
| 035: | SLAVE LAKE, AB | 0.060% |
| 036: | DRAYTON VALLEY, AB | 0.060% |
| 037: | DEVON, AB | 0.057% |
| 038: | PEACE RIVER, AB | 0.055% |
| 039: | PONOKA, AB | 0.055% |
| 040: | BARRHEAD, AB | 0.053% |
| 041: | ATHABASCA, AB | 0.053% |
| 042: | HIGH PRAIRIE, AB | 0.053% |
| 1 | Beaumont, Alberta |
| 2 | Stony Plain, Alberta |
| 3 | Calmar, Alberta |
| 4 | Spruce Grove, Alberta |
| 5 | Leduc, Alberta |
| 6 | Carvel, Alberta |
| 7 | Edmonton, Alberta |
| 8 | Thorsby, Alberta |
| 9 | Lancaster Park, Alberta |
| 10 | Warburg, Alberta |
| 11 | Sherwood Park, Alberta |
| 12 | St Albert, Alberta |
| 13 | Breton, Alberta |
| 14 | Alberta Beach, Alberta |
| 15 | Millet, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.7% | |
| No Money Down: | 16.7% | |
| First-time Buyer: | 16.7% | |
| Renewal: | 10.0% | |
| Purchase: | 10.0% | |
| Refinance: | 10.0% | |
| Pre-approval: | 6.7% | |
| Low Doc: | 3.3% | |
| Total Application Types Found: 8 | ||
Average age: 36
Oldest age: 67
Youngest age: 23
The following depicts the average income of applicants living in Devon who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Devon: | $86,917.80 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $27,419.33 |
| mortgage co-applicants in Devon: | $31,835.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($10,568.13) |
The chart and pie-graph below depicts the residential status of people living in Devon who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.0% | |
| Own: | 36.7% | |
| Other: | 3.3% | |
| No Comment: | 3.3% | |
| Live with parents: | 6.7% |
The following pie chart represents the marital status of applicants from Devon, Alberta using the preapproval application located at the CanEquity web site. In Devon, over 63% of the mortgage applicants are either married or living common-law, while only 36% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 36.7% | |
| Single: | 30.0% | |
| Common-law: | 26.7% | |
| Separated: | 6.7% |
