Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 14.06% | 0.02% |
| 2010: | 18.75% | 0.02% |
| 2009: | 18.75% | 0.02% |
| 2008: | 9.38% | 0.01% |
| 2007: | 7.81% | 0.01% |
| 2006: | 14.06% | 0.02% |
| 2005: | 3.13% | 0.00% |
| 2004: | 1.56% | 0.00% |
| 2003: | 4.69% | 0.01% |
| 2002: | 7.81% | 0.01% |
This graph represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Lloydminster happen to occur during our second quarter (represented by the green bars) with 39.06% while our slowest is the fourth quarter (represented by the red bars) with 12.50%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 18.8% | |
| 2: | January: | 10.9% | |
| 3: | April: | 10.9% | |
| 4: | August: | 10.9% | |
| 5: | March: | 10.9% | |
| 6: | June: | 9.4% | |
| 7: | July: | 7.8% | |
| 8: | November: | 6.3% | |
| 9: | February: | 4.7% | |
| 10: | October: | 4.7% | |
| 11: | September: | 3.1% | |
| 12: | December: | 1.6% |
The information listed below illustrates the busy days for Internet 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 Lloydminster the most busy day of the week, with 23.44% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 6.25% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 23.4% | |
| 2: | Thursday: | 17.2% | |
| 3: | Friday: | 15.6% | |
| 4: | Wednesday: | 15.6% | |
| 5: | Sunday: | 12.5% | |
| 6: | Monday: | 9.4% | |
| 7: | Saturday: | 6.3% |
Mortgage applications are received 24 hours a day via our web site. The following indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 18.8% of all mortgages are received during the morning, while 78.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.6% |
| 01:00 to 01:59: | 1.6% |
| 03:00 to 03:59: | 1.6% |
| 08:00 to 08:59: | 1.6% |
| 09:00 to 09:59: | 4.7% |
| 10:00 to 10:59: | 4.7% |
| 11:00 to 11:59: | 6.3% |
| 12:00 to 12:59: | 12.5% |
| 13:00 to 13:59: | 4.7% |
| 14:00 to 14:59: | 9.4% |
| 15:00 to 15:59: | 9.4% |
| 16:00 to 16:59: | 4.7% |
| 17:00 to 17:59: | 7.8% |
| 18:00 to 18:59: | 3.1% |
| 19:00 to 19:59: | 4.7% |
| 20:00 to 20:59: | 7.8% |
| 21:00 to 21:59: | 7.8% |
| 22:00 to 22:59: | 1.6% |
| 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 | |
|---|---|---|
| 012: | SPRUCE GROVE, AB | 0.221% |
| 013: | BROOKS, AB | 0.189% |
| 014: | COLD LAKE, AB | 0.172% |
| 015: | WHITECOURT, AB | 0.151% |
| 016: | STONY PLAIN, AB | 0.147% |
| 017: | LLOYDMINSTER, AB | 0.121% |
| 018: | EDSON, AB | 0.115% |
| 019: | LEDUC, AB | 0.113% |
| 020: | STRATHMORE, AB | 0.111% |
| 021: | SYLVAN LAKE, AB | 0.111% |
| 022: | WETASKIWIN, AB | 0.108% |
| 1 | Kitscoty, Alberta |
| 2 | Lloydminster, Saskatchewan |
| 3 | Islay, Alberta |
| 4 | Marwayne, Alberta |
| 5 | Onion Lake, Saskatchewan |
| 6 | Wainwright, Alberta |
| 7 | Elk Point, Alberta |
| 8 | Paradise Hill, Saskatchewan |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 26.6% | |
| No Money Down: | 18.8% | |
| Qualification: | 14.1% | |
| Renewal: | 12.5% | |
| Refinance: | 9.4% | |
| Purchase: | 7.8% | |
| Pre-approval: | 3.1% | |
| Commercial: | 3.1% | |
| Variable Rate: | 3.1% | |
| Second Mortgage: | 1.6% | |
| Total Application Types Found: 10 | ||
Average age: 34
Oldest age: 55
Youngest age: 21
The figures below represent the average income of Canadians living in Lloydminster who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Lloydminster: | $60,718.53 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $1,220.07 |
| mortgage co-applicants in Lloydminster: | $35,930.43 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($6,472.70) |
The information shown below represents the residential status of people living in Lloydminster who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 56.3% | |
| Own: | 29.7% | |
| Other: | 1.6% | |
| No Comment: | 10.9% | |
| Live with parents: | 1.6% |
The following table and pie chart represents the marital status of applicants from Lloydminster, Alberta using the mortgage application found at canequity.com. Approximately 60% of the mortgage applicants are living with someone, while only 39% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.2% | |
| Single: | 21.9% | |
| Common-law: | 18.8% | |
| Divorced: | 9.4% | |
| Separated: | 7.8% |
