Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 9.78% | 0.02% |
| 2010: | 7.61% | 0.01% |
| 2009: | 15.22% | 0.03% |
| 2008: | 14.13% | 0.03% |
| 2007: | 6.52% | 0.01% |
| 2006: | 6.52% | 0.01% |
| 2005: | 15.22% | 0.03% |
| 2004: | 11.96% | 0.02% |
| 2003: | 8.70% | 0.01% |
| 2002: | 4.35% | 0.01% |
This graph illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Delta occur during our first quarter (represented by the brown bars) with 35.87% while our slowest is the fourth quarter (represented by the red bars) with 11.96%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 14.1% | |
| 2: | May: | 13.0% | |
| 3: | January: | 10.9% | |
| 4: | August: | 10.9% | |
| 5: | March: | 10.9% | |
| 6: | April: | 8.7% | |
| 7: | July: | 7.6% | |
| 8: | June: | 6.5% | |
| 9: | September: | 5.4% | |
| 10: | December: | 4.3% | |
| 11: | October: | 4.3% | |
| 12: | November: | 3.3% |
The graph below compares the busy days for Internet mortgage applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Delta the busiest day of the week, with 26.09% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 7.61% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 26.1% | |
| 2: | Wednesday: | 16.3% | |
| 3: | Sunday: | 14.1% | |
| 4: | Thursday: | 14.1% | |
| 5: | Monday: | 13.0% | |
| 6: | Friday: | 8.7% | |
| 7: | Saturday: | 7.6% |
Delta mortgage applications are received 24 hours a day on the CanEquity web site. The time periods below represents the busy 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: | 2.2% |
| 01:00 to 01:59: | 1.1% |
| 02:00 to 02:59: | 1.1% |
| 03:00 to 03:59: | 2.2% |
| 08:00 to 08:59: | 2.2% |
| 09:00 to 09:59: | 4.3% |
| 10:00 to 10:59: | 5.4% |
| 11:00 to 11:59: | 15.2% |
| 12:00 to 12:59: | 5.4% |
| 13:00 to 13:59: | 6.5% |
| 14:00 to 14:59: | 5.4% |
| 15:00 to 15:59: | 4.3% |
| 16:00 to 16:59: | 9.8% |
| 17:00 to 17:59: | 6.5% |
| 18:00 to 18:59: | 3.3% |
| 19:00 to 19:59: | 3.3% |
| 20:00 to 20:59: | 5.4% |
| 21:00 to 21:59: | 4.3% |
| 22:00 to 22:59: | 5.4% |
| 23:00 to 23:59: | 6.5% |
| 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 | |
|---|---|---|
| 012: | COQUITLAM, BC | 0.234% |
| 013: | NORTH VANCOUVER, BC | 0.228% |
| 014: | LANGLEY, BC | 0.227% |
| 015: | NANAIMO, BC | 0.215% |
| 016: | MAPLE RIDGE, BC | 0.174% |
| 017: | DELTA, BC | 0.174% |
| 018: | NEW WESTMINSTER, BC | 0.170% |
| 019: | VERNON, BC | 0.168% |
| 020: | DAWSON CREEK, BC | 0.119% |
| 021: | PENTICTON, BC | 0.100% |
| 022: | CAMPBELL RIVER, BC | 0.100% |
| 1 | Ladner, British Columbia |
| 2 | Richmond, British Columbia |
| 3 | North Delta, British Columbia |
| 4 | Surrey, British Columbia |
| 5 | Vancouver, British Columbia |
| 6 | Burnaby, British Columbia |
| 7 | New Westminster, British Columbia |
| 8 | White Rock, British Columbia |
| 9 | Port Moody, British Columbia |
| 10 | Coquitlam, British Columbia |
| 11 | Aldergrove, British Columbia |
| 12 | Pitt Meadows, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 20.7% | |
| Qualification: | 16.3% | |
| No Money Down: | 16.3% | |
| First-time Buyer: | 15.2% | |
| Purchase: | 13.0% | |
| Renewal: | 9.8% | |
| Equity Mortgage: | 2.2% | |
| Investment: | 2.2% | |
| Variable Rate: | 2.2% | |
| Commercial: | 1.1% | |
| Recreational: | 1.1% | |
| Total Application Types Found: 11 | ||
Average age: 40
Oldest age: 67
Youngest age: 26
The following figures show the average income of Canadians living in Delta who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Delta: | $64,449.71 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $4,951.25 |
| mortgage co-applicants in Delta: | $42,865.85 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $462.72 |
The chart and pie-graph below depicts the residential status of people living in Delta 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: | 34.8% | |
| Own: | 55.4% | |
| Other: | 3.3% | |
| No Comment: | 1.1% | |
| Live with parents: | 5.4% |
The information below shows the marital status of applicants from Delta, British Columbia using the mortgage application located at the CanEquity web site. Over 65% of the mortgage applicants are living together with someone, while only 33% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.5% | |
| Single: | 23.9% | |
| Common-law: | 8.7% | |
| Separated: | 5.4% | |
| Divorced: | 4.3% | |
| Widowed: | 1.1% |
