Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 5.81% | 0.02% |
| 2010: | 9.30% | 0.03% |
| 2009: | 14.54% | 0.05% |
| 2008: | 13.95% | 0.04% |
| 2007: | 16.28% | 0.05% |
| 2006: | 9.88% | 0.03% |
| 2005: | 9.88% | 0.03% |
| 2004: | 8.72% | 0.03% |
| 2003: | 4.65% | 0.01% |
| 2002: | 6.98% | 0.02% |
The bar graph below displays the individual monthly volume history for Internet mortgage pre-approval applications received from Grande Prairie, AB.
The bar graph below illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Grande Prairie occur during our second quarter (represented by the green bars) with 27.33% while our slowest is the fourth quarter (represented by the red bars) with 21.51%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 12.8% | |
| 2: | October: | 12.2% | |
| 3: | July: | 11.6% | |
| 4: | April: | 11.1% | |
| 5: | May: | 8.7% | |
| 6: | September: | 8.1% | |
| 7: | August: | 7.6% | |
| 8: | June: | 7.6% | |
| 9: | February: | 5.8% | |
| 10: | November: | 5.2% | |
| 11: | March: | 5.2% | |
| 12: | December: | 4.1% |
The bar graph below shows the busy days for Internet applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Grande Prairie the most busy day of the week, with 20.35% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 5.23% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.4% | |
| 2: | Tuesday: | 18.6% | |
| 3: | Thursday: | 18.0% | |
| 4: | Wednesday: | 14.5% | |
| 5: | Sunday: | 13.4% | |
| 6: | Friday: | 9.9% | |
| 7: | Saturday: | 5.2% |
Grande Prairie mortgage applications are received 24 hours a day from the CanEquity web site. The statistics shown below represents the peak hours in the day. The data is taken from all days of all years. Only 21.5% of all mortgages are received during the morning, while 73.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.1% |
| 02:00 to 02:59: | 1.2% |
| 03:00 to 03:59: | 1.7% |
| 04:00 to 04:59: | 0.6% |
| 06:00 to 06:59: | 0.6% |
| 07:00 to 07:59: | 1.2% |
| 08:00 to 08:59: | 3.5% |
| 09:00 to 09:59: | 4.1% |
| 10:00 to 10:59: | 4.1% |
| 11:00 to 11:59: | 5.8% |
| 12:00 to 12:59: | 5.8% |
| 13:00 to 13:59: | 3.5% |
| 14:00 to 14:59: | 7.6% |
| 15:00 to 15:59: | 8.1% |
| 16:00 to 16:59: | 8.1% |
| 17:00 to 17:59: | 5.2% |
| 18:00 to 18:59: | 6.4% |
| 19:00 to 19:59: | 5.8% |
| 20:00 to 20:59: | 8.7% |
| 21:00 to 21:59: | 4.1% |
| 22:00 to 22:59: | 5.2% |
| 23:00 to 23:59: | 4.7% |
| 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 | |
|---|---|---|
| 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% |
| 010: | MEDICINE HAT, AB | 0.296% |
| 011: | AIRDRIE, AB | 0.291% |
| 012: | SPRUCE GROVE, AB | 0.221% |
| 013: | BROOKS, AB | 0.189% |
| 1 | Clairmont, Alberta |
| 2 | Wembley, Alberta |
| 3 | Sexsmith, Alberta |
| 4 | Valleyview, Alberta |
| 5 | Hythe, Alberta |
| 6 | Beaverlodge, Alberta |
| 7 | Girouxville, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.0% | |
| First-time Buyer: | 19.8% | |
| No Money Down: | 17.4% | |
| Refinance: | 17.4% | |
| Renewal: | 7.0% | |
| Purchase: | 5.2% | |
| Pre-approval: | 2.9% | |
| Fixed Rate: | 1.2% | |
| Commercial: | 1.2% | |
| Other: | 3% | |
| Total Application Types Found: 14 | ||
Average age: 34
Oldest age: 60
Youngest age: 19
The information below represents the average income of Canadians living in Grande Prairie who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Grande Prairie: | $68,521.84 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $9,023.38 |
| mortgage co-applicants in Grande Prairie: | $48,911.79 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $6,508.66 |
The chart and pie-graph below depicts the residential status of people living in Grande Prairie who have applied for a loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 47.7% | |
| Own: | 37.2% | |
| Other: | 5.2% | |
| No Comment: | 8.1% | |
| Live with parents: | 1.7% |
The pie chart below represents the marital status of applicants from Grande Prairie, Alberta using the mortgage application found at the CanEquity web site. In Grande Prairie, 57% of the mortgage applicants are living together with someone, while only 42% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 37.2% | |
| Single: | 32.6% | |
| Common-law: | 20.3% | |
| Divorced: | 5.2% | |
| Separated: | 4.7% |
