Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 17.02% | * 0.02% |
| 2009: | 14.89% | 0.01% |
| 2008: | 14.89% | 0.01% |
| 2007: | 14.89% | 0.01% |
| 2006: | 10.64% | 0.01% |
| 2005: | 10.64% | 0.01% |
| 2004: | 4.25% | 0.00% |
| 2003: | 8.51% | 0.01% |
| 2002: | 4.25% | 0.00% |
The data below illustrates the busy days for Internet 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 Fort Saskatchewan, the day with the most volume, having more than 31.91% of all submissions, is Monday. In comparison, Thursday's are the slowest day with only 6.38% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 31.9% | |
| 2: | Wednesday: | 17.0% | |
| 3: | Tuesday: | 12.8% | |
| 4: | Friday: | 12.8% | |
| 5: | Saturday: | 10.6% | |
| 6: | Sunday: | 8.5% | |
| 7: | Thursday: | 6.4% |
In Fort Saskatchewan, mortgage applications are received 24 hours a day from our web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 38.3% of all mortgages are received during the morning, while 57.4% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.1% |
| 01:00 to 01:59: | 2.1% |
| 05:00 to 05:59: | 2.1% |
| 07:00 to 07:59: | 4.3% |
| 08:00 to 08:59: | 2.1% |
| 09:00 to 09:59: | 19.1% |
| 10:00 to 10:59: | 6.4% |
| 11:00 to 11:59: | 4.3% |
| 12:00 to 12:59: | 4.3% |
| 13:00 to 13:59: | 4.3% |
| 14:00 to 14:59: | 4.3% |
| 15:00 to 15:59: | 6.4% |
| 16:00 to 16:59: | 6.4% |
| 17:00 to 17:59: | 4.3% |
| 18:00 to 18:59: | 6.4% |
| 19:00 to 19:59: | 2.1% |
| 20:00 to 20:59: | 8.5% |
| 21:00 to 21:59: | 6.4% |
| 22:00 to 22:59: | 4.3% |
| 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 | |
|---|---|---|
| 019: | WETASKIWIN, AB | 0.116% |
| 020: | SYLVAN LAKE, AB | 0.116% |
| 021: | STRATHMORE, AB | 0.110% |
| 022: | CANMORE, AB | 0.105% |
| 023: | OLDS, AB | 0.105% |
| 024: | FORT SASKATCHEWAN, AB | 0.103% |
| 025: | LEDUC, AB | 0.094% |
| 026: | COCHRANE, AB | 0.092% |
| 027: | LACOMBE, AB | 0.088% |
| 028: | HIGH RIVER, AB | 0.086% |
| 029: | CHESTERMERE, AB | 0.083% |
| 1 | Bon Accord, Alberta |
| 2 | Bruderheim, Alberta |
| 3 | Lancaster Park, Alberta |
| 4 | Gibbons, Alberta |
| 5 | Redwater, Alberta |
| 6 | Edmonton, Alberta |
| 7 | St Michael, Alberta |
| 8 | Ardrossan, Alberta |
| 9 | Morinville, Alberta |
| 10 | Legal, Alberta |
| 11 | Sherwood Park, Alberta |
| 12 | St Albert, Alberta |
| 13 | Westlock, Alberta |
| 14 | Spruce Grove, Alberta |
| 15 | Vegreville, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 25.5% | |
| Refinance: | 23.4% | |
| Renewal: | 12.8% | |
| Qualification: | 10.6% | |
| No Money Down: | 10.6% | |
| Investment: | 4.3% | |
| Variable Rate: | 4.3% | |
| Fixed Rate: | 2.1% | |
| Pre-approval: | 2.1% | |
| Long Term Fixed: | 2.1% | |
| Purchase: | 2.1% | |
| Total Application Types Found: 11 | ||
Average age: 35
Oldest age: 55
Youngest age: 21
The amounts below are the average income of Canadians living in Fort Saskatchewan who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Fort Saskatchewan: | $67,404.98 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | $8,454.85 |
| mortgage co-applicants in Fort Saskatchewan: | $41,066.67 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | ($450.71) |
The pie chart below shows the residential status of people living in Fort Saskatchewan who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 31.9% | |
| Own: | 48.9% | |
| Other: | 2.1% | |
| No Comment: | 8.5% | |
| Live with parents: | 8.5% |
The following pie chart represents the marital status of applicants from Fort Saskatchewan, Alberta using the mortgage application found at canequity.com. In Fort Saskatchewan, 74% of the mortgage applicants are living common-law or married, while only 25% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.2% | |
| Common-law: | 21.3% | |
| Single: | 21.3% | |
| Divorced: | 4.3% |
