Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 18.18% | 0.01% |
| 2010: | 4.54% | 0.00% |
| 2009: | 13.64% | 0.01% |
| 2008: | 13.64% | 0.01% |
| 2007: | 18.18% | 0.01% |
| 2006: | 9.09% | 0.00% |
| 2005: | 4.54% | 0.00% |
| 2004: | 4.54% | 0.00% |
| 2003: | 13.64% | 0.01% |
Inquiries are received 24 hours a day on the CanEquity web site. The time periods below indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 22.7% of all mortgages are received before noon, while 72.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.5% |
| 05:00 to 05:59: | 4.5% |
| 08:00 to 08:59: | 9.1% |
| 09:00 to 09:59: | 9.1% |
| 12:00 to 12:59: | 9.1% |
| 13:00 to 13:59: | 4.5% |
| 14:00 to 14:59: | 18.2% |
| 17:00 to 17:59: | 13.6% |
| 18:00 to 18:59: | 4.5% |
| 20:00 to 20:59: | 4.5% |
| 21:00 to 21:59: | 4.5% |
| 22:00 to 22:59: | 13.6% |
| 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 | |
|---|---|---|
| 051: | PRINCE RUPERT, BC | 0.043% |
| 052: | PITT MEADOWS, BC | 0.043% |
| 053: | POWELL RIVER, BC | 0.043% |
| 054: | WHITE ROCK, BC | 0.042% |
| 055: | ALDERGROVE, BC | 0.042% |
| 056: | CRESTON, BC | 0.042% |
| 057: | FORT NELSON, BC | 0.040% |
| 058: | SMITHERS, BC | 0.038% |
| 059: | SIDNEY, BC | 0.038% |
| 060: | GOLDEN, BC | 0.038% |
| 061: | TUMBLER RIDGE, BC | 0.038% |
| 1 | Salmo, British Columbia |
| 2 | Cranbrook, British Columbia |
| 3 | Marysville, British Columbia |
| 4 | Jaffray, British Columbia |
| 5 | Fruitvale, British Columbia |
| 6 | Kimberley, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 22.7% | |
| Purchase: | 22.7% | |
| First-time Buyer: | 18.2% | |
| Fixed Rate: | 9.1% | |
| No Money Down: | 9.1% | |
| Commercial: | 9.1% | |
| Qualification: | 4.5% | |
| Second Mortgage: | 4.5% | |
| Total Application Types Found: 8 | ||
Average age: 41
Oldest age: 55
Youngest age: 29
The amounts below are the average income of people living in Creston who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Creston: | $48,868.26 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($10,630.20) |
| mortgage co-applicants in Creston: | $60,200.43 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $17,797.30 |
The table and pie chart below represents the residential status of people living in Creston who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 27.3% | |
| Own: | 59.1% | |
| Other: | 4.5% | |
| No Comment: | 9.1% |
The information below shows the marital status of applicants from Creston, British Columbia using the online mortgage application located at canequity.com. In Creston, approximately 68% of the mortgage applicants are living with someone, while only 27% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 63.6% | |
| Separated: | 13.6% | |
| Single: | 9.1% | |
| Divorced: | 4.5% | |
| Widowed: | 4.5% | |
| Common-law: | 4.5% |
