Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 16.67% | 0.01% |
| 2010: | 6.25% | 0.01% |
| 2009: | 12.50% | 0.01% |
| 2008: | 12.50% | 0.01% |
| 2007: | 14.58% | 0.01% |
| 2006: | 14.58% | 0.01% |
| 2005: | 6.25% | 0.01% |
| 2004: | 6.25% | 0.01% |
| 2003: | 8.33% | 0.01% |
| 2002: | 2.08% | 0.00% |
The information below compares the busy days for mortgage applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In High River the busiest day of the week, with 20.83% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 4.17% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.8% | |
| 2: | Sunday: | 18.8% | |
| 3: | Thursday: | 18.8% | |
| 4: | Wednesday: | 16.7% | |
| 5: | Tuesday: | 12.5% | |
| 6: | Friday: | 8.3% | |
| 7: | Saturday: | 4.2% |
In High River, mortgages are received 24 hours a day on the CanEquity web site. The graph shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.1% |
| 05:00 to 05:59: | 2.1% |
| 07:00 to 07:59: | 2.1% |
| 08:00 to 08:59: | 4.2% |
| 09:00 to 09:59: | 4.2% |
| 10:00 to 10:59: | 14.6% |
| 11:00 to 11:59: | 2.1% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 14.6% |
| 14:00 to 14:59: | 6.3% |
| 15:00 to 15:59: | 2.1% |
| 16:00 to 16:59: | 10.4% |
| 18:00 to 18:59: | 4.2% |
| 19:00 to 19:59: | 6.3% |
| 20:00 to 20:59: | 4.2% |
| 21:00 to 21:59: | 4.2% |
| 22:00 to 22:59: | 8.3% |
| 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 | |
|---|---|---|
| 022: | WETASKIWIN, AB | 0.108% |
| 023: | OLDS, AB | 0.100% |
| 024: | FORT SASKATCHEWAN, AB | 0.098% |
| 025: | COCHRANE, AB | 0.098% |
| 026: | CANMORE, AB | 0.096% |
| 027: | HIGH RIVER, AB | 0.091% |
| 028: | CAMROSE, AB | 0.087% |
| 029: | CHESTERMERE, AB | 0.085% |
| 030: | LACOMBE, AB | 0.081% |
| 031: | INNISFAIL, AB | 0.077% |
| 032: | ROCKY MOUNTAIN HOUSE, AB | 0.076% |
| 1 | Nanton, Alberta |
| 2 | Black Diamond, Alberta |
| 3 | Blackie, Alberta |
| 4 | Longview, Alberta |
| 5 | Turner Valley, Alberta |
| 6 | Aldersyde, Alberta |
| 7 | Okotoks, Alberta |
| 8 | Vulcan, Alberta |
| 9 | Granum, Alberta |
| 10 | Claresholm, Alberta |
| 11 | Nobleford, Alberta |
| 12 | Diamond City, Alberta |
| 13 | Lundbreck, Alberta |
| 14 | Iron Springs, Alberta |
| 15 | Monarch, Alberta |
| 16 | Picture Butte, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.1% | |
| Refinance: | 18.8% | |
| No Money Down: | 14.6% | |
| First-time Buyer: | 12.5% | |
| Purchase: | 10.4% | |
| Pre-approval: | 4.2% | |
| Renewal: | 4.2% | |
| Low Doc: | 2.1% | |
| Recreational: | 2.1% | |
| Second Mortgage: | 2.1% | |
| Investment: | 2.1% | |
| Total Application Types Found: 11 | ||
Average age: 36
Oldest age: 65
Youngest age: 19
The amounts below are the average income of people living in High River who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in High River: | $62,919.61 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $3,421.14 |
| mortgage co-applicants in High River: | $39,411.76 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,991.37) |
The information below represents the residential status of people living in High River who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.8% | |
| Own: | 50.0% | |
| No Comment: | 2.1% | |
| Live with parents: | 2.1% |
The information below shows the marital status of applicants from High River, Alberta using the preapproval application found on the CanEquity Mortgage web site. 64% of the mortgage applicants are either married or living common-law, while only 35% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 54.2% | |
| Single: | 29.2% | |
| Common-law: | 10.4% | |
| Separated: | 6.3% |
