Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 16.67% | 0.01% |
| 2010: | 13.89% | 0.01% |
| 2009: | 5.56% | 0.00% |
| 2008: | 8.33% | 0.01% |
| 2007: | 13.89% | 0.01% |
| 2006: | 19.44% | 0.01% |
| 2004: | 2.78% | 0.00% |
| 2003: | 8.33% | 0.01% |
| 2002: | 11.11% | 0.01% |
The graph listed below compares the busy days for online mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Hinton the busiest day of the week, with 19.44% of all applications, is Tuesday. In comparison, Wednesday's are the slowest day with only 2.78% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.4% | |
| 2: | Thursday: | 19.4% | |
| 3: | Monday: | 16.7% | |
| 4: | Friday: | 16.7% | |
| 5: | Saturday: | 13.9% | |
| 6: | Sunday: | 11.1% | |
| 7: | Wednesday: | 2.8% |
Hinton mortgage applications are received 24 hours a day on the CanEquity web site. The time periods below represents the busy hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 2.8% |
| 02:00 to 02:59: | 2.8% |
| 08:00 to 08:59: | 5.6% |
| 10:00 to 10:59: | 5.6% |
| 11:00 to 11:59: | 2.8% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 5.6% |
| 14:00 to 14:59: | 13.9% |
| 15:00 to 15:59: | 5.6% |
| 16:00 to 16:59: | 5.6% |
| 17:00 to 17:59: | 2.8% |
| 18:00 to 18:59: | 2.8% |
| 20:00 to 20:59: | 5.6% |
| 21:00 to 21:59: | 8.3% |
| 22:00 to 22:59: | 19.4% |
| 23:00 to 23:59: | 2.8% |
| 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 | |
|---|---|---|
| 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% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 30.6% | |
| Refinance: | 19.4% | |
| First-time Buyer: | 16.7% | |
| Renewal: | 8.3% | |
| Purchase: | 8.3% | |
| No Money Down: | 5.6% | |
| Fixed Rate: | 2.8% | |
| Low Doc: | 2.8% | |
| Commercial: | 2.8% | |
| Equity Mortgage: | 2.8% | |
| Total Application Types Found: 10 | ||
Average age: 39
Oldest age: 59
Youngest age: 21
The numbers below represent the average income of people living in Hinton who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Hinton: | $65,991.43 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $6,492.96 |
| mortgage co-applicants in Hinton: | $43,236.67 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $833.54 |
The following table represents the residential status of people living in Hinton who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.1% | |
| Own: | 44.4% | |
| Other: | 5.6% | |
| No Comment: | 13.9% |
The information below shows the marital status of applicants from Hinton, Alberta using the preapproval application located at the CanEquity web site. In Hinton, approximately 61% of the mortgage applicants are either married or living common-law, while only 38% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 38.9% | |
| Single: | 33.3% | |
| Common-law: | 22.2% | |
| Divorced: | 5.6% |
