Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 9.43% | * 0.01% |
| 2009: | 18.87% | 0.02% |
| 2008: | 13.21% | 0.01% |
| 2007: | 11.32% | 0.01% |
| 2006: | 15.09% | 0.02% |
| 2005: | 11.32% | 0.01% |
| 2004: | 1.89% | 0.00% |
| 2003: | 7.55% | 0.01% |
| 2002: | 11.32% | 0.01% |
The following shows the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Wetaskiwin seem to occur during our second quarter (represented by the green bars) with 45.28% while our slowest is the fourth quarter (represented by the red bars) with 13.21%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 17.0% | |
| 2: | June: | 17.0% | |
| 3: | March: | 15.1% | |
| 4: | May: | 11.3% | |
| 5: | February: | 9.4% | |
| 6: | July: | 9.4% | |
| 7: | November: | 7.5% | |
| 8: | January: | 3.8% | |
| 9: | October: | 3.8% | |
| 10: | December: | 1.9% | |
| 11: | August: | 1.9% | |
| 12: | September: | 1.9% |
The data below compares the busy days for mortgage inquiries that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Wetaskiwin the busiest day, with 28.30% of all submissions, is Friday. In comparison, Saturday's are the slowest day with only 7.55% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 28.3% | |
| 2: | Tuesday: | 20.8% | |
| 3: | Monday: | 13.2% | |
| 4: | Sunday: | 11.3% | |
| 5: | Wednesday: | 9.4% | |
| 6: | Thursday: | 9.4% | |
| 7: | Saturday: | 7.5% |
Wetaskiwin mortgage applications are received 24 hours a day via the CanEquity web site. The information shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 1.9% |
| 03:00 to 03:59: | 1.9% |
| 04:00 to 04:59: | 1.9% |
| 06:00 to 06:59: | 5.7% |
| 08:00 to 08:59: | 1.9% |
| 09:00 to 09:59: | 7.5% |
| 10:00 to 10:59: | 3.8% |
| 11:00 to 11:59: | 3.8% |
| 12:00 to 12:59: | 7.5% |
| 13:00 to 13:59: | 7.5% |
| 14:00 to 14:59: | 7.5% |
| 15:00 to 15:59: | 7.5% |
| 16:00 to 16:59: | 1.9% |
| 17:00 to 17:59: | 1.9% |
| 18:00 to 18:59: | 13.2% |
| 19:00 to 19:59: | 5.7% |
| 20:00 to 20:59: | 5.7% |
| 21:00 to 21:59: | 3.8% |
| 22:00 to 22:59: | 7.5% |
| 23:00 to 23:59: | 1.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.19% |
| British Columbia: | 10.79% |
| Manitoba: | 2.12% |
| New Brunswick: | 2.18% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.61% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 014: | COLD LAKE, AB | 0.161% |
| 015: | WHITECOURT, AB | 0.156% |
| 016: | STONY PLAIN, AB | 0.152% |
| 017: | EDSON, AB | 0.121% |
| 018: | LLOYDMINSTER, AB | 0.119% |
| 019: | WETASKIWIN, AB | 0.117% |
| 020: | SYLVAN LAKE, AB | 0.117% |
| 021: | STRATHMORE, AB | 0.110% |
| 022: | CANMORE, AB | 0.106% |
| 023: | OLDS, AB | 0.106% |
| 024: | FORT SASKATCHEWAN, AB | 0.101% |
| 1 | Ponoka, Alberta |
| 2 | Millet, Alberta |
| 3 | Bashaw, Alberta |
| 4 | Bentley, Alberta |
| 5 | Lacombe, Alberta |
| 6 | Camrose, Alberta |
| 7 | Donalda, Alberta |
| 8 | Leduc, Alberta |
| 9 | Kingman, Alberta |
| 10 | Edberg, Alberta |
| 11 | Blackfalds, Alberta |
| 12 | Sylvan Lake, Alberta |
| 13 | Bawlf, Alberta |
| 14 | Red Deer, Alberta |
| 15 | Calmar, Alberta |
| 16 | Tofield, Alberta |
| 17 | Beaumont, Alberta |
| 18 | Forestburg, Alberta |
| 19 | Thorsby, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 26.4% | |
| No Money Down: | 20.8% | |
| Qualification: | 18.9% | |
| Renewal: | 13.2% | |
| First-time Buyer: | 11.3% | |
| Purchase: | 5.7% | |
| Fixed Rate: | 1.9% | |
| Pre-approval: | 1.9% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 60
Youngest age: 21
The information below represents the average income of applicants living in Wetaskiwin who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Wetaskiwin: | $56,678.73 |
| applicants within all of Canada: | $58,945.81 |
| Difference: | ($2,267.08) |
| mortgage co-applicants in Wetaskiwin: | $30,063.75 |
| co-applicants within all of Canada: | $41,508.27 |
| Difference: | ($11,444.52) |
The pie chart below shows the residential status of people living in Wetaskiwin who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.8% | |
| Own: | 49.1% | |
| Other: | 1.9% | |
| No Comment: | 13.2% |
The pie chart below represents the marital status of applicants from Wetaskiwin, Alberta using the mortgage application located at canequity.com. Over 67% of the mortgage applicants are living common-law or married, while only 32% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.5% | |
| Single: | 18.9% | |
| Divorced: | 13.2% | |
| Common-law: | 9.4% |
