Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.25% | 0.00% |
| 2010: | 31.25% | 0.01% |
| 2009: | 6.25% | 0.00% |
| 2008: | 6.25% | 0.00% |
| 2007: | 18.75% | 0.01% |
| 2006: | 12.50% | 0.00% |
| 2005: | 12.50% | 0.00% |
| 2004: | 6.25% | 0.00% |
| 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 | |
|---|---|---|
| 065: | SUMMERLAND, BC | 0.034% |
| 066: | SALT SPRING ISLAND, BC | 0.032% |
| 067: | FERNIE, BC | 0.032% |
| 068: | HOPE, BC | 0.032% |
| 069: | QUALICUM BEACH, BC | 0.030% |
| 070: | ARMSTRONG, BC | 0.030% |
| 071: | OSOYOOS, BC | 0.026% |
| 072: | SHAWNIGAN LAKE, BC | 0.026% |
| 073: | PEACHLAND, BC | 0.025% |
| 074: | FORT ST JAMES, BC | 0.025% |
| 075: | PORT MCNEILL, BC | 0.025% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 50.0% | |
| Purchase: | 12.5% | |
| No Money Down: | 12.5% | |
| First-time Buyer: | 12.5% | |
| Refinance: | 6.3% | |
| Commercial: | 6.3% | |
| Total Application Types Found: 6 | ||
Average age: 44
Oldest age: 64
Youngest age: 19
The amounts shown below represent the average income of applicants living in Armstrong who have applied for a home loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Armstrong: | $48,661.88 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($10,836.59) |
| mortgage co-applicants in Armstrong: | $22,180.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($20,223.13) |
The table and pie chart below represents the residential status of people living in Armstrong who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.5% | |
| Own: | 37.5% | |
| Other: | 6.3% | |
| Live with parents: | 18.8% |
The information below shows the marital status of applicants from Armstrong, British Columbia using the mortgage application located at the CanEquity web site. In Armstrong, approximately 43% of the mortgage applicants are living common-law or married, while only 56% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 56.3% | |
| Common-law: | 25.0% | |
| Married: | 18.8% |
