Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 20.00% | 0.01% |
| 2010: | 6.67% | 0.00% |
| 2009: | 13.33% | 0.00% |
| 2008: | 13.33% | 0.00% |
| 2007: | 26.67% | 0.01% |
| 2006: | 13.33% | 0.00% |
| 2005: | 6.67% | 0.00% |
| 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 | |
|---|---|---|
| 061: | CLAIRMONT, AB | 0.030% |
| 062: | CLARESHOLM, AB | 0.030% |
| 063: | SWAN HILLS, AB | 0.030% |
| 064: | ARDROSSAN, AB | 0.030% |
| 065: | LAC LA BICHE, AB | 0.030% |
| 066: | RIMBEY, AB | 0.028% |
| 067: | BLACKFALDS, AB | 0.028% |
| 068: | HANNA, AB | 0.028% |
| 069: | LANGDON, AB | 0.028% |
| 070: | BANFF, AB | 0.026% |
| 071: | COALDALE, AB | 0.026% |
| 1 | Bluffton, Alberta |
| 2 | Sylvan Lake, Alberta |
| 3 | Rocky Mountain House, Alberta |
| 4 | Warburg, Alberta |
| 5 | Breton, Alberta |
| 6 | Bentley, Alberta |
| 7 | Red Deer, Alberta |
| 8 | Thorsby, Alberta |
| 9 | Leduc, Alberta |
| 10 | Blackfalds, Alberta |
| 11 | Millet, Alberta |
| 12 | Red Deer County, Alberta |
| 13 | Springbrook, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 33.3% | |
| No Money Down: | 20.0% | |
| Purchase: | 13.3% | |
| Qualification: | 13.3% | |
| Renewal: | 6.7% | |
| Low Doc: | 6.7% | |
| First-time Buyer: | 6.7% | |
| Total Application Types Found: 7 | ||
Average age: 34
Oldest age: 57
Youngest age: 20
The following figures show the average income of people living in Rimbey who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Rimbey: | $85,363.64 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $25,865.17 |
| mortgage co-applicants in Rimbey: | $40,277.78 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,125.35) |
Since the average income of Rimbey is notability higher than the national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Rimbey: | $72,000.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $12,501.53 |
The pie chart below shows the residential status of people living in Rimbey 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: | 40.0% | |
| Own: | 60.0% |
The following table and pie chart represents the marital status of applicants from Rimbey, Alberta using the mortgage application found on canequity.com. 93% of the mortgage applicants are living with someone, while only 6% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 86.7% | |
| Common-law: | 6.7% | |
| Single: | 6.7% |
