Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.98% | 0.01% |
| 2010: | 2.33% | 0.00% |
| 2009: | 18.61% | 0.01% |
| 2008: | 16.28% | 0.01% |
| 2007: | 4.65% | 0.00% |
| 2006: | 16.28% | 0.01% |
| 2005: | 6.98% | 0.01% |
| 2004: | 4.65% | 0.00% |
| 2003: | 13.95% | 0.01% |
| 2002: | 9.30% | 0.01% |
The data below displays the busy days for online mortgage 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 Lacombe the busiest day of the week, with 20.93% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 2.33% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.9% | |
| 2: | Friday: | 16.3% | |
| 3: | Wednesday: | 16.3% | |
| 4: | Thursday: | 16.3% | |
| 5: | Monday: | 13.9% | |
| 6: | Sunday: | 13.9% | |
| 7: | Saturday: | 2.3% |
Mortgage inquiries are received 24 hours a day from the CanEquity web site. The following represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 18.6% of all mortgages are received during the morning, while 81.4% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 4.7% |
| 09:00 to 09:59: | 4.7% |
| 10:00 to 10:59: | 4.7% |
| 11:00 to 11:59: | 4.7% |
| 12:00 to 12:59: | 2.3% |
| 13:00 to 13:59: | 2.3% |
| 14:00 to 14:59: | 7.0% |
| 15:00 to 15:59: | 11.6% |
| 16:00 to 16:59: | 4.7% |
| 17:00 to 17:59: | 7.0% |
| 18:00 to 18:59: | 4.7% |
| 19:00 to 19:59: | 7.0% |
| 20:00 to 20:59: | 18.6% |
| 21:00 to 21:59: | 7.0% |
| 22:00 to 22:59: | 7.0% |
| 23:00 to 23:59: | 2.3% |
| 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 | |
|---|---|---|
| 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% |
| 033: | HINTON, AB | 0.068% |
| 034: | BEAUMONT, AB | 0.068% |
| 035: | SLAVE LAKE, AB | 0.060% |
| 1 | Blackfalds, Alberta |
| 2 | Ponoka, Alberta |
| 3 | Bashaw, Alberta |
| 4 | Bentley, Alberta |
| 5 | Red Deer, Alberta |
| 6 | Wetaskiwin, Alberta |
| 7 | Stettler, Alberta |
| 8 | Delburne, Alberta |
| 9 | Springbrook, Alberta |
| 10 | Donalda, Alberta |
| 11 | Red Deer County, Alberta |
| 12 | Millet, Alberta |
| 13 | Edberg, Alberta |
| 14 | Innisfail, Alberta |
| 15 | Sylvan Lake, Alberta |
| 16 | Bawlf, Alberta |
| 17 | Forestburg, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 27.9% | |
| Qualification: | 20.9% | |
| First-time Buyer: | 18.6% | |
| No Money Down: | 9.3% | |
| Renewal: | 7.0% | |
| Purchase: | 4.7% | |
| Investment: | 4.7% | |
| Variable Rate: | 4.7% | |
| Pre-approval: | 2.3% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 68
Youngest age: 20
The amounts shown below represent the average income of applicants living in Lacombe who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Lacombe: | $63,678.17 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $4,179.70 |
| mortgage co-applicants in Lacombe: | $40,871.82 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($1,531.31) |
The information shown below represents the residential status of people living in Lacombe who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 30.2% | |
| Own: | 51.2% | |
| No Comment: | 14.0% | |
| Live with parents: | 4.7% |
The following table and pie chart represents the marital status of applicants from Lacombe, Alberta using the mortgage application found at canequity.com. Over 76% of the mortgage applicants are living together with someone, while only 20% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.1% | |
| Single: | 20.9% | |
| Common-law: | 18.6% | |
| Widowed: | 2.3% |
