Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.02% | 0.01% |
| 2010: | 8.77% | 0.01% |
| 2009: | 17.54% | 0.02% |
| 2008: | 12.28% | 0.01% |
| 2007: | 10.53% | 0.01% |
| 2006: | 14.04% | 0.01% |
| 2005: | 10.53% | 0.01% |
| 2004: | 1.75% | 0.00% |
| 2003: | 7.02% | 0.01% |
| 2002: | 10.53% | 0.01% |
The bar graph below illustrates the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Wetaskiwin occur during our second quarter (represented by the green bars) with 45.61% while our slowest is the fourth quarter (represented by the red bars) with 12.28%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 19.3% | |
| 2: | April: | 15.8% | |
| 3: | March: | 14.0% | |
| 4: | May: | 10.5% | |
| 5: | July: | 10.5% | |
| 6: | February: | 8.8% | |
| 7: | November: | 7.0% | |
| 8: | January: | 5.3% | |
| 9: | October: | 3.5% | |
| 10: | December: | 1.8% | |
| 11: | August: | 1.8% | |
| 12: | September: | 1.8% |
The information listed below plots the busy days for online inquiries that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Wetaskiwin the busiest day, with 26.32% of all inquiries, is Friday. In comparison, Saturday's are the slowest day with only 7.02% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Friday: | 26.3% | |
| 2: | Tuesday: | 19.3% | |
| 3: | Monday: | 12.3% | |
| 4: | Wednesday: | 12.3% | |
| 5: | Sunday: | 12.3% | |
| 6: | Thursday: | 10.5% | |
| 7: | Saturday: | 7.0% |
Mortgage inquiries are received 24 hours a day via the CanEquity web site. The information shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 28.1% of all mortgages are received during the morning, while 70.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 1.8% |
| 03:00 to 03:59: | 1.8% |
| 04:00 to 04:59: | 1.8% |
| 06:00 to 06:59: | 5.3% |
| 08:00 to 08:59: | 1.8% |
| 09:00 to 09:59: | 8.8% |
| 10:00 to 10:59: | 3.5% |
| 11:00 to 11:59: | 5.3% |
| 12:00 to 12:59: | 7.0% |
| 13:00 to 13:59: | 7.0% |
| 14:00 to 14:59: | 8.8% |
| 15:00 to 15:59: | 7.0% |
| 16:00 to 16:59: | 1.8% |
| 17:00 to 17:59: | 1.8% |
| 18:00 to 18:59: | 12.3% |
| 19:00 to 19:59: | 5.3% |
| 20:00 to 20:59: | 5.3% |
| 21:00 to 21:59: | 5.3% |
| 22:00 to 22:59: | 7.0% |
| 23:00 to 23:59: | 1.8% |
| 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 | |
|---|---|---|
| 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% |
| 026: | CANMORE, AB | 0.096% |
| 027: | HIGH RIVER, AB | 0.091% |
| 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: | 28.1% | |
| No Money Down: | 19.3% | |
| Qualification: | 17.5% | |
| Renewal: | 12.3% | |
| First-time Buyer: | 10.5% | |
| Purchase: | 7.0% | |
| Fixed Rate: | 1.8% | |
| Pre-approval: | 1.8% | |
| Commercial: | 1.8% | |
| Total Application Types Found: 9 | ||
Average age: 39
Oldest age: 60
Youngest age: 21
The information below represents the average income of Canadians living in Wetaskiwin who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Wetaskiwin: | $57,265.73 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($2,232.74) |
| mortgage co-applicants in Wetaskiwin: | $30,648.24 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($11,754.89) |
The following table represents the residential status of people living in Wetaskiwin who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 33.3% | |
| Own: | 52.6% | |
| Other: | 1.8% | |
| No Comment: | 12.3% |
The following information represents the marital status of applicants from Wetaskiwin, Alberta using the mortgage application found on canequity.com. 64% of the mortgage applicants are living with someone, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.1% | |
| Single: | 17.5% | |
| Divorced: | 14.0% | |
| Common-law: | 8.8% | |
| Widowed: | 1.8% | |
| Separated: | 1.8% |
