Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 14.42% | 0.09% |
| 2010: | 12.85% | 0.08% |
| 2009: | 17.24% | 0.10% |
| 2008: | 14.73% | 0.09% |
| 2007: | 10.35% | 0.06% |
| 2006: | 11.29% | 0.07% |
| 2005: | 8.15% | 0.05% |
| 2004: | 3.76% | 0.02% |
| 2003: | 5.64% | 0.03% |
| 2002: | 1.57% | 0.01% |
The following displays the individual monthly volume history for Internet applications submitted from Fort Mcmurray, AB.
The graph below displays the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Fort Mcmurray occur during our second quarter (represented by the green bars) with 31.35% while our slowest is the fourth quarter (represented by the red bars) with 15.05%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 12.9% | |
| 2: | July: | 12.9% | |
| 3: | June: | 9.4% | |
| 4: | April: | 9.1% | |
| 5: | September: | 8.8% | |
| 6: | January: | 8.2% | |
| 7: | February: | 8.2% | |
| 8: | March: | 8.2% | |
| 9: | August: | 7.5% | |
| 10: | October: | 6.9% | |
| 11: | November: | 4.7% | |
| 12: | December: | 3.5% |
The bar graph below illustrates the busy days for Internet mortgage applications that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Fort Mcmurray the busiest day, with approximately 17.55% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 11.60% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 17.6% | |
| 2: | Tuesday: | 15.4% | |
| 3: | Wednesday: | 14.4% | |
| 4: | Sunday: | 14.4% | |
| 5: | Thursday: | 13.5% | |
| 6: | Friday: | 13.2% | |
| 7: | Saturday: | 11.6% |
Mortgage inquiries are received 24 hours a day via the CanEquity web site. The report shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 29.2% of all mortgages are received during the morning, while 68.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.3% |
| 01:00 to 01:59: | 0.9% |
| 02:00 to 02:59: | 0.6% |
| 03:00 to 03:59: | 0.6% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 0.9% |
| 06:00 to 06:59: | 1.6% |
| 07:00 to 07:59: | 0.9% |
| 08:00 to 08:59: | 5.0% |
| 09:00 to 09:59: | 6.0% |
| 10:00 to 10:59: | 6.9% |
| 11:00 to 11:59: | 6.6% |
| 12:00 to 12:59: | 8.2% |
| 13:00 to 13:59: | 5.3% |
| 14:00 to 14:59: | 7.2% |
| 15:00 to 15:59: | 6.9% |
| 16:00 to 16:59: | 6.6% |
| 17:00 to 17:59: | 3.8% |
| 18:00 to 18:59: | 4.1% |
| 19:00 to 19:59: | 6.3% |
| 20:00 to 20:59: | 4.4% |
| 21:00 to 21:59: | 4.7% |
| 22:00 to 22:59: | 6.9% |
| 23:00 to 23:59: | 3.8% |
| 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% |
| 007: | OKOTOKS, AB | 0.327% |
| 008: | GRANDE PRAIRIE, AB | 0.325% |
| 009: | ST ALBERT, AB | 0.323% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 20.1% | |
| First-time Buyer: | 19.7% | |
| No Money Down: | 18.5% | |
| Purchase: | 15.7% | |
| Renewal: | 9.1% | |
| Refinance: | 9.1% | |
| Variable Rate: | 3.4% | |
| Investment: | 0.9% | |
| Other: | 3.3% | |
| Total Application Types Found: 15 | ||
Average age: 35
Oldest age: 66
Youngest age: 19
The amounts below are the average income of Canadians living in Fort Mcmurray who have applied for a mortgage loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Fort Mcmurray: | $96,931.52 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $37,433.06 |
| mortgage co-applicants in Fort Mcmurray: | $62,757.79 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $20,354.66 |
The information shown below represents the residential status of people living in Fort Mcmurray who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 49.8% | |
| Own: | 38.6% | |
| Other: | 4.7% | |
| No Comment: | 3.1% | |
| Live with parents: | 3.8% |
The information below shows the marital status of applicants from Fort Mcmurray, Alberta using the mortgage application located at the CanEquity web site. In Fort Mcmurray, approximately 60% of the mortgage applicants are living with someone, while only 38% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 41.4% | |
| Single: | 34.2% | |
| Common-law: | 19.4% | |
| Divorced: | 2.5% | |
| Separated: | 1.9% | |
| Widowed: | 0.6% |
