Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.35% | 0.01% |
| 2010: | 17.24% | 0.01% |
| 2009: | 10.35% | 0.01% |
| 2008: | 6.90% | 0.00% |
| 2007: | 13.79% | 0.01% |
| 2006: | 20.69% | 0.01% |
| 2005: | 13.79% | 0.01% |
| 2002: | 6.90% | 0.00% |
The data below plots the busy days for mortgage inquiries that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Ponoka the busiest day, with approximately 27.59% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 6.90% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 27.6% | |
| 2: | Wednesday: | 24.1% | |
| 3: | Thursday: | 17.2% | |
| 4: | Tuesday: | 13.8% | |
| 5: | Sunday: | 10.3% | |
| 6: | Friday: | 6.9% |
In Ponoka, mortgages are received 24 hours a day on our web site. The information shown below represents the rush hours in the day. The data is taken from all days of all years. Only 48.3% of all mortgages are received during the morning, while 51.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 3.4% |
| 08:00 to 08:59: | 10.3% |
| 09:00 to 09:59: | 10.3% |
| 10:00 to 10:59: | 6.9% |
| 11:00 to 11:59: | 17.2% |
| 12:00 to 12:59: | 3.4% |
| 13:00 to 13:59: | 6.9% |
| 15:00 to 15:59: | 10.3% |
| 17:00 to 17:59: | 3.4% |
| 18:00 to 18:59: | 3.4% |
| 19:00 to 19:59: | 17.2% |
| 21:00 to 21:59: | 3.4% |
| 23:00 to 23:59: | 3.4% |
| 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 | |
|---|---|---|
| 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% |
| 039: | PONOKA, AB | 0.055% |
| 040: | BARRHEAD, AB | 0.053% |
| 041: | ATHABASCA, AB | 0.053% |
| 042: | HIGH PRAIRIE, AB | 0.053% |
| 043: | TABER, AB | 0.049% |
| 044: | BONNYVILLE, AB | 0.047% |
| 1 | Wetaskiwin, Alberta |
| 2 | Bashaw, Alberta |
| 3 | Lacombe, Alberta |
| 4 | Millet, Alberta |
| 5 | Donalda, Alberta |
| 6 | Edberg, Alberta |
| 7 | Bentley, Alberta |
| 8 | Blackfalds, Alberta |
| 9 | Camrose, Alberta |
| 10 | Bawlf, Alberta |
| 11 | Red Deer, Alberta |
| 12 | Forestburg, Alberta |
| 13 | Stettler, Alberta |
| 14 | Delburne, Alberta |
| 15 | Springbrook, Alberta |
| 16 | Leduc, Alberta |
| 17 | Castor, Alberta |
| 18 | Kingman, Alberta |
| 19 | Red Deer County, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.6% | |
| First-time Buyer: | 24.1% | |
| No Money Down: | 13.8% | |
| Refinance: | 13.8% | |
| Renewal: | 6.9% | |
| Purchase: | 6.9% | |
| Commercial: | 3.4% | |
| Variable Rate: | 3.4% | |
| Total Application Types Found: 8 | ||
Average age: 36
Oldest age: 64
Youngest age: 21
The amounts below are the average income of applicants living in Ponoka who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ponoka: | $53,241.11 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($6,257.35) |
| mortgage co-applicants in Ponoka: | $34,500.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($7,903.13) |
The information below represents the residential status of people living in Ponoka who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 41.4% | |
| Own: | 44.8% | |
| Other: | 3.4% | |
| No Comment: | 6.9% | |
| Live with parents: | 3.4% |
The following information represents the marital status of applicants from Ponoka, Alberta using the online mortgage application found on the CanEquity Mortgage web site. 55% of the mortgage applicants are living together with someone, while only 44% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 37.9% | |
| Single: | 31.0% | |
| Common-law: | 17.2% | |
| Separated: | 13.8% |
