Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 7.14% | 0.00% |
| 2009: | 21.43% | 0.01% |
| 2008: | 7.14% | 0.00% |
| 2007: | 21.43% | 0.01% |
| 2006: | 14.29% | 0.00% |
| 2005: | 14.29% | 0.00% |
| 2004: | 7.14% | 0.00% |
| 2003: | 7.14% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 069: | LANGDON, AB | 0.028% |
| 070: | BANFF, AB | 0.026% |
| 071: | COALDALE, AB | 0.026% |
| 072: | WEMBLEY, AB | 0.026% |
| 073: | MILLET, AB | 0.026% |
| 074: | LEGAL, AB | 0.026% |
| 075: | LANCASTER PARK, AB | 0.025% |
| 076: | DE WINTON, AB | 0.025% |
| 077: | TOFIELD, AB | 0.025% |
| 078: | BOWDEN, AB | 0.025% |
| 079: | REDWATER, AB | 0.023% |
| 1 | Westlock, Alberta |
| 2 | Redwater, Alberta |
| 3 | Bon Accord, Alberta |
| 4 | Morinville, Alberta |
| 5 | Gibbons, Alberta |
| 6 | Rochester, Alberta |
| 7 | Fort Saskatchewan, Alberta |
| 8 | Bruderheim, Alberta |
| 9 | St Albert, Alberta |
| 10 | Lancaster Park, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 42.9% | |
| Renewal: | 21.4% | |
| Qualification: | 14.3% | |
| First-time Buyer: | 14.3% | |
| Refinance: | 7.1% | |
| Total Application Types Found: 5 | ||
Average age: 32
Oldest age: 55
Youngest age: 22
The following depicts the average income of people living in Legal who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Legal: | $65,666.67 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $6,168.20 |
| mortgage co-applicants in Legal: | $33,600.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($8,803.13) |
The information shown below represents the residential status of people living in Legal who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.0% | |
| Own: | 35.7% | |
| Other: | 14.3% |
The information below shows the marital status of applicants from Legal, Alberta using the preapproval application located at the CanEquity web site. 64% of the mortgage applicants are living together with someone, while only 35% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.9% | |
| Common-law: | 21.4% | |
| Divorced: | 14.3% | |
| Single: | 14.3% | |
| Separated: | 7.1% |
