Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 4.76% | 0.00% |
| 2010: | 2.38% | 0.00% |
| 2009: | 19.05% | 0.01% |
| 2008: | 14.29% | 0.01% |
| 2007: | 4.76% | 0.00% |
| 2006: | 19.05% | 0.01% |
| 2005: | 11.90% | 0.01% |
| 2004: | 4.76% | 0.00% |
| 2003: | 9.52% | 0.01% |
| 2002: | 9.52% | 0.01% |
The information below plots the busy days for mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Courtenay the busiest day, with approximately 23.81% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 4.76% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 23.8% | |
| 2: | Friday: | 23.8% | |
| 3: | Wednesday: | 14.3% | |
| 4: | Thursday: | 14.3% | |
| 5: | Tuesday: | 11.9% | |
| 6: | Saturday: | 7.1% | |
| 7: | Sunday: | 4.8% |
Mortgage inquiries are received 24 hours a day via the CanEquity web site. The time periods below represents the rush 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: | 2.4% |
| 07:00 to 07:59: | 2.4% |
| 08:00 to 08:59: | 2.4% |
| 10:00 to 10:59: | 4.8% |
| 11:00 to 11:59: | 9.5% |
| 12:00 to 12:59: | 11.9% |
| 13:00 to 13:59: | 4.8% |
| 14:00 to 14:59: | 9.5% |
| 16:00 to 16:59: | 9.5% |
| 18:00 to 18:59: | 2.4% |
| 19:00 to 19:59: | 2.4% |
| 20:00 to 20:59: | 9.5% |
| 21:00 to 21:59: | 7.1% |
| 22:00 to 22:59: | 7.1% |
| 23:00 to 23:59: | 14.3% |
| 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 | |
|---|---|---|
| 024: | TERRACE, BC | 0.091% |
| 025: | SALMON ARM, BC | 0.089% |
| 026: | NELSON, BC | 0.087% |
| 027: | PORT COQUITLAM, BC | 0.085% |
| 028: | WESTBANK, BC | 0.081% |
| 029: | COURTENAY, BC | 0.079% |
| 030: | MISSION, BC | 0.079% |
| 031: | QUESNEL, BC | 0.076% |
| 032: | DUNCAN, BC | 0.074% |
| 033: | CRANBROOK, BC | 0.070% |
| 034: | VANDERHOOF, BC | 0.062% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.8% | |
| First-time Buyer: | 16.7% | |
| Refinance: | 16.7% | |
| No Money Down: | 11.9% | |
| Renewal: | 11.9% | |
| Purchase: | 9.5% | |
| Fixed Rate: | 2.4% | |
| Pre-approval: | 2.4% | |
| Second Mortgage: | 2.4% | |
| Equity Mortgage: | 2.4% | |
| Total Application Types Found: 10 | ||
Average age: 42
Oldest age: 77
Youngest age: 22
The information below represents the average income of people living in Courtenay who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Courtenay: | $50,901.87 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($8,596.59) |
| mortgage co-applicants in Courtenay: | $27,983.57 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($14,419.56) |
The table and pie chart below represents the residential status of people living in Courtenay who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.7% | |
| Own: | 57.1% | |
| No Comment: | 7.1% |
The following pie chart represents the marital status of applicants from Courtenay, British Columbia using the preapproval application located at canequity.com. Over 61% of the mortgage applicants are living together with someone, while only 35% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 54.8% | |
| Single: | 26.2% | |
| Divorced: | 7.1% | |
| Common-law: | 7.1% | |
| Widowed: | 2.4% | |
| Separated: | 2.4% |
