Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 4.35% | 0.00% |
| 2010: | 13.04% | 0.01% |
| 2009: | 17.39% | 0.01% |
| 2008: | 13.04% | 0.01% |
| 2007: | 4.35% | 0.00% |
| 2006: | 30.43% | 0.01% |
| 2005: | 4.35% | 0.00% |
| 2004: | 4.35% | 0.00% |
| 2003: | 4.35% | 0.00% |
| 2002: | 4.35% | 0.00% |
In Redcliff, applications are received 24 hours a day from the CanEquity web site. The information shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 4.3% |
| 06:00 to 06:59: | 4.3% |
| 09:00 to 09:59: | 13.0% |
| 10:00 to 10:59: | 4.3% |
| 11:00 to 11:59: | 4.3% |
| 12:00 to 12:59: | 13.0% |
| 13:00 to 13:59: | 4.3% |
| 14:00 to 14:59: | 13.0% |
| 15:00 to 15:59: | 4.3% |
| 16:00 to 16:59: | 13.0% |
| 17:00 to 17:59: | 4.3% |
| 18:00 to 18:59: | 4.3% |
| 20:00 to 20:59: | 13.0% |
| 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 | |
|---|---|---|
| 043: | TABER, AB | 0.049% |
| 044: | BONNYVILLE, AB | 0.047% |
| 045: | STETTLER, AB | 0.045% |
| 046: | DRUMHELLER, AB | 0.043% |
| 047: | DIDSBURY, AB | 0.043% |
| 048: | REDCLIFF, AB | 0.043% |
| 049: | ONOWAY, AB | 0.043% |
| 050: | GRANDE CACHE, AB | 0.042% |
| 051: | ST PAUL, AB | 0.040% |
| 052: | VEGREVILLE, AB | 0.040% |
| 053: | MORINVILLE, AB | 0.038% |
| 1 | Medicine Hat, Alberta |
| 2 | Suffield, Alberta |
| 3 | Ralston, Alberta |
| 4 | Bow Island, Alberta |
| 5 | Tilley, Alberta |
| 6 | Brooks, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 30.4% | |
| Qualification: | 21.7% | |
| First-time Buyer: | 21.7% | |
| Renewal: | 8.7% | |
| Refinance: | 8.7% | |
| Purchase: | 4.3% | |
| Commercial: | 4.3% | |
| Total Application Types Found: 7 | ||
Average age: 35
Oldest age: 59
Youngest age: 19
The following depicts the average income of applicants living in Redcliff who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Redcliff: | $49,690.91 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($9,807.56) |
The information below represents the residential status of people living in Redcliff who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 56.5% | |
| Own: | 34.8% | |
| No Comment: | 4.3% | |
| Live with parents: | 4.3% |
The following information represents the marital status of applicants from Redcliff, Alberta using the online mortgage application found on canequity.com. 56% of the mortgage applicants are either married or living common-law, while only 43% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 34.8% | |
| Married: | 30.4% | |
| Common-law: | 26.1% | |
| Divorced: | 4.3% | |
| Separated: | 4.3% |
