Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 13.56% | 0.01% |
| 2010: | 13.56% | 0.01% |
| 2009: | 27.12% | 0.03% |
| 2008: | 6.78% | 0.01% |
| 2007: | 3.39% | 0.00% |
| 2006: | 11.86% | 0.01% |
| 2005: | 3.39% | 0.00% |
| 2004: | 3.39% | 0.00% |
| 2003: | 6.78% | 0.01% |
| 2002: | 10.17% | 0.01% |
This bar graph illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Strathmore usually occur during our third quarter (represented by the blue bars) with 33.90% while our slowest is the fourth quarter (represented by the red bars) with 11.86%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | August: | 13.6% | |
| 2: | June: | 13.6% | |
| 3: | January: | 10.2% | |
| 4: | April: | 10.2% | |
| 5: | July: | 10.2% | |
| 6: | September: | 10.2% | |
| 7: | May: | 8.5% | |
| 8: | February: | 8.5% | |
| 9: | October: | 6.8% | |
| 10: | November: | 3.4% | |
| 11: | March: | 3.4% | |
| 12: | December: | 1.7% |
The data below plots the busy days for Internet applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Strathmore the busiest day, with approximately 18.64% of all inquiries, is Friday. In comparison, Sunday's are the slowest day with only 5.08% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 18.6% | |
| 2: | Wednesday: | 18.6% | |
| 3: | Monday: | 16.9% | |
| 4: | Tuesday: | 16.9% | |
| 5: | Saturday: | 11.9% | |
| 6: | Thursday: | 11.9% | |
| 7: | Sunday: | 5.1% |
Strathmore mortgage applications are received 24 hours a day via our web site. The time periods below represents the busy hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 3.4% |
| 05:00 to 05:59: | 1.7% |
| 08:00 to 08:59: | 1.7% |
| 09:00 to 09:59: | 8.5% |
| 10:00 to 10:59: | 13.6% |
| 11:00 to 11:59: | 3.4% |
| 12:00 to 12:59: | 5.1% |
| 14:00 to 14:59: | 15.3% |
| 15:00 to 15:59: | 3.4% |
| 16:00 to 16:59: | 5.1% |
| 17:00 to 17:59: | 6.8% |
| 18:00 to 18:59: | 1.7% |
| 19:00 to 19:59: | 8.5% |
| 20:00 to 20:59: | 8.5% |
| 21:00 to 21:59: | 6.8% |
| 22:00 to 22:59: | 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 | |
|---|---|---|
| 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% |
| 023: | OLDS, AB | 0.100% |
| 024: | FORT SASKATCHEWAN, AB | 0.098% |
| 025: | COCHRANE, AB | 0.098% |
| 1 | Carseland, Alberta |
| 2 | Bassano, Alberta |
| 3 | Chestermere, Alberta |
| 4 | Langdon, Alberta |
| 5 | Standard, Alberta |
| 6 | Rosemary, Alberta |
| 7 | Milo, Alberta |
| 8 | Tilley, Alberta |
| 9 | Irricana, Alberta |
| 10 | Brooks, Alberta |
| 11 | Airdrie, Alberta |
| 12 | Crossfield, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 18.6% | |
| Qualification: | 13.6% | |
| No Money Down: | 13.6% | |
| First-time Buyer: | 11.9% | |
| Purchase: | 10.2% | |
| Pre-approval: | 8.5% | |
| Renewal: | 6.8% | |
| Equity Mortgage: | 6.8% | |
| Variable Rate: | 5.1% | |
| Commercial: | 1.7% | |
| Second Mortgage: | 1.7% | |
| HELOC: | 1.7% | |
| Total Application Types Found: 12 | ||
Average age: 37
Oldest age: 62
Youngest age: 21
The information below represents the average income of applicants living in Strathmore who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Strathmore: | $59,044.56 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($453.90) |
| mortgage co-applicants in Strathmore: | $37,384.62 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($5,018.51) |
The following depicts the residential status of people living in Strathmore who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 30.5% | |
| Own: | 50.8% | |
| Other: | 3.4% | |
| No Comment: | 11.9% | |
| Live with parents: | 3.4% |
The following information represents the marital status of applicants from Strathmore, Alberta using the online mortgage application found on the CanEquity Mortgage web site. In Strathmore, over 69% of the mortgage applicants are living together with someone, while only 28% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.5% | |
| Common-law: | 22.0% | |
| Single: | 15.3% | |
| Divorced: | 6.8% | |
| Separated: | 6.8% | |
| Widowed: | 1.7% |
