Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.50% | 0.01% |
| 2010: | 15.00% | 0.01% |
| 2009: | 10.00% | 0.01% |
| 2008: | 7.50% | 0.01% |
| 2007: | 17.50% | 0.01% |
| 2006: | 15.00% | 0.01% |
| 2005: | 12.50% | 0.01% |
| 2004: | 2.50% | 0.00% |
| 2003: | 7.50% | 0.01% |
| 2002: | 5.00% | 0.00% |
The data below compares the busy days for online mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Rocky Mountain House, the day with the most volume, having more than 25.00% of all inquiries, is Wednesday. In comparison, Sunday's are the slowest day with only 2.50% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 25.0% | |
| 2: | Thursday: | 22.5% | |
| 3: | Tuesday: | 20.0% | |
| 4: | Monday: | 17.5% | |
| 5: | Friday: | 10.0% | |
| 6: | Saturday: | 2.5% | |
| 7: | Sunday: | 2.5% |
Rocky Mountain House mortgage applications are received 24 hours a day via the CanEquity web site. The report shown below represents the peak hours in the day. The data is taken from all days of all years. Only 20.0% of all mortgages are received during the morning, while 80.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 5.0% |
| 09:00 to 09:59: | 2.5% |
| 10:00 to 10:59: | 10.0% |
| 11:00 to 11:59: | 2.5% |
| 12:00 to 12:59: | 5.0% |
| 13:00 to 13:59: | 5.0% |
| 14:00 to 14:59: | 22.5% |
| 15:00 to 15:59: | 2.5% |
| 16:00 to 16:59: | 7.5% |
| 17:00 to 17:59: | 2.5% |
| 18:00 to 18:59: | 5.0% |
| 20:00 to 20:59: | 12.5% |
| 21:00 to 21:59: | 7.5% |
| 22:00 to 22:59: | 7.5% |
| 23:00 to 23:59: | 2.5% |
| 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 | |
|---|---|---|
| 027: | HIGH RIVER, AB | 0.091% |
| 028: | CAMROSE, AB | 0.087% |
| 029: | CHESTERMERE, AB | 0.085% |
| 030: | LACOMBE, AB | 0.081% |
| 031: | INNISFAIL, AB | 0.077% |
| 032: | ROCKY MOUNTAIN HOUSE, AB | 0.076% |
| 033: | HINTON, AB | 0.068% |
| 034: | BEAUMONT, AB | 0.068% |
| 035: | SLAVE LAKE, AB | 0.060% |
| 036: | DRAYTON VALLEY, AB | 0.060% |
| 037: | DEVON, AB | 0.057% |
| 1 | Bluffton, Alberta |
| 2 | Rimbey, Alberta |
| 3 | Sylvan Lake, Alberta |
| 4 | Caroline, Alberta |
| 5 | Warburg, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.5% | |
| Refinance: | 20.0% | |
| No Money Down: | 17.5% | |
| First-time Buyer: | 17.5% | |
| Purchase: | 12.5% | |
| Renewal: | 5.0% | |
| Total Application Types Found: 6 | ||
Average age: 36
Oldest age: 69
Youngest age: 22
The amounts shown below represent the average income of people living in Rocky Mountain House who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Rocky Mountain House: | $62,197.88 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $2,699.41 |
| mortgage co-applicants in Rocky Mountain House: | $58,212.41 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $15,809.28 |
The chart and pie-graph below depicts the residential status of people living in Rocky Mountain House who have applied for a mortgage using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 60.0% | |
| Own: | 32.5% | |
| No Comment: | 7.5% |
The following information represents the marital status of applicants from Rocky Mountain House, Alberta using the mortgage application located at the CanEquity web site. 77% of the mortgage applicants are either married or living common-law, while only 22% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 55.0% | |
| Common-law: | 22.5% | |
| Single: | 12.5% | |
| Divorced: | 7.5% | |
| Separated: | 2.5% |
