Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 3.85% | 0.00% |
| 2010: | 7.69% | 0.00% |
| 2009: | 19.23% | 0.01% |
| 2008: | 11.54% | 0.01% |
| 2007: | 11.54% | 0.01% |
| 2006: | 15.39% | 0.01% |
| 2004: | 11.54% | 0.01% |
| 2003: | 7.69% | 0.00% |
| 2002: | 11.54% | 0.01% |
The graph below illustrates the busy days for Internet mortgage applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Taber the busiest day, with 23.08% of all submissions, is Friday. In comparison, Saturday's are the slowest day with only 7.69% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 23.1% | |
| 2: | Tuesday: | 19.2% | |
| 3: | Thursday: | 19.2% | |
| 4: | Wednesday: | 15.4% | |
| 5: | Monday: | 7.7% | |
| 6: | Sunday: | 7.7% | |
| 7: | Saturday: | 7.7% |
Taber mortgage applications are received 24 hours a day via the CanEquity web site. The following represents the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 3.8% |
| 07:00 to 07:59: | 3.8% |
| 09:00 to 09:59: | 7.7% |
| 10:00 to 10:59: | 3.8% |
| 11:00 to 11:59: | 7.7% |
| 12:00 to 12:59: | 3.8% |
| 13:00 to 13:59: | 7.7% |
| 14:00 to 14:59: | 7.7% |
| 15:00 to 15:59: | 3.8% |
| 16:00 to 16:59: | 7.7% |
| 18:00 to 18:59: | 7.7% |
| 19:00 to 19:59: | 11.5% |
| 20:00 to 20:59: | 7.7% |
| 21:00 to 21:59: | 15.4% |
| 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 | |
|---|---|---|
| 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% |
| 045: | STETTLER, AB | 0.045% |
| 046: | DRUMHELLER, AB | 0.043% |
| 047: | DIDSBURY, AB | 0.043% |
| 048: | REDCLIFF, AB | 0.043% |
| 1 | Barnwell, Alberta |
| 2 | Vauxhall, Alberta |
| 3 | Coaldale, Alberta |
| 4 | Stirling, Alberta |
| 5 | Bow Island, Alberta |
| 6 | Raymond, Alberta |
| 7 | Iron Springs, Alberta |
| 8 | Picture Butte, Alberta |
| 9 | Ralston, Alberta |
| 10 | Suffield, Alberta |
| 11 | Warner, Alberta |
| 12 | Lethbridge, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.1% | |
| No Money Down: | 23.1% | |
| Refinance: | 19.2% | |
| First-time Buyer: | 11.5% | |
| Purchase: | 7.7% | |
| Second Mortgage: | 3.8% | |
| Renewal: | 3.8% | |
| Home Renovation: | 3.8% | |
| Variable Rate: | 3.8% | |
| Total Application Types Found: 9 | ||
Average age: 42
Oldest age: 61
Youngest age: 22
The following figures show the average income of Canadians living in Taber who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Taber: | $67,634.16 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $8,135.69 |
| mortgage co-applicants in Taber: | $37,728.67 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($4,674.46) |
The information shown below represents the residential status of people living in Taber who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.3% | |
| Own: | 46.2% | |
| No Comment: | 11.5% |
The following pie chart represents the marital status of applicants from Taber, Alberta using the mortgage application found at canequity.com. In Taber, approximately 69% of the mortgage applicants are living with someone, while only 30% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 23.1% | |
| Common-law: | 19.2% | |
| Divorced: | 3.8% | |
| Separated: | 3.8% |
