Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.00% | 0.03% |
| 2010: | 12.86% | 0.03% |
| 2009: | 12.86% | 0.03% |
| 2008: | 7.14% | 0.02% |
| 2007: | 8.57% | 0.02% |
| 2006: | 11.43% | 0.03% |
| 2005: | 5.00% | 0.01% |
| 2004: | 9.29% | 0.03% |
| 2003: | 14.29% | 0.04% |
| 2002: | 8.57% | 0.02% |
The 6-year bar graph below depicts the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Kamloops happen to occur during our first quarter (represented by the brown bars) with 32.86% while our slowest is the third quarter (represented by the blue bars) with 15.71%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 14.3% | |
| 2: | June: | 12.9% | |
| 3: | January: | 11.4% | |
| 4: | May: | 10.0% | |
| 5: | April: | 9.3% | |
| 6: | December: | 9.3% | |
| 7: | February: | 7.1% | |
| 8: | November: | 5.7% | |
| 9: | July: | 5.7% | |
| 10: | August: | 5.7% | |
| 11: | October: | 4.3% | |
| 12: | September: | 4.3% |
The graph below compares the busy days for mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Kamloops the busiest day, with 20.00% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 10.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.0% | |
| 2: | Friday: | 17.1% | |
| 3: | Wednesday: | 15.0% | |
| 4: | Monday: | 12.9% | |
| 5: | Thursday: | 12.9% | |
| 6: | Sunday: | 12.1% | |
| 7: | Saturday: | 10.0% |
Applications are received 24 hours a day on the CanEquity web site. The following indicates the busy hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.9% |
| 02:00 to 02:59: | 1.4% |
| 04:00 to 04:59: | 0.7% |
| 07:00 to 07:59: | 0.7% |
| 09:00 to 09:59: | 3.6% |
| 10:00 to 10:59: | 7.1% |
| 11:00 to 11:59: | 4.3% |
| 12:00 to 12:59: | 8.6% |
| 13:00 to 13:59: | 5.0% |
| 14:00 to 14:59: | 4.3% |
| 15:00 to 15:59: | 11.4% |
| 16:00 to 16:59: | 7.9% |
| 17:00 to 17:59: | 5.0% |
| 18:00 to 18:59: | 5.7% |
| 19:00 to 19:59: | 3.6% |
| 20:00 to 20:59: | 7.1% |
| 21:00 to 21:59: | 9.3% |
| 22:00 to 22:59: | 7.1% |
| 23:00 to 23:59: | 4.3% |
| 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 | |
|---|---|---|
| 004: | KELOWNA, BC | 0.327% |
| 005: | BURNABY, BC | 0.327% |
| 006: | ABBOTSFORD, BC | 0.294% |
| 007: | PRINCE GEORGE, BC | 0.291% |
| 008: | RICHMOND, BC | 0.277% |
| 009: | KAMLOOPS, BC | 0.264% |
| 010: | CHILLIWACK, BC | 0.262% |
| 011: | FORT ST JOHN, BC | 0.247% |
| 012: | COQUITLAM, BC | 0.234% |
| 013: | NORTH VANCOUVER, BC | 0.228% |
| 014: | LANGLEY, BC | 0.227% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.0% | |
| Refinance: | 20.0% | |
| No Money Down: | 18.6% | |
| First-time Buyer: | 17.9% | |
| Renewal: | 7.9% | |
| Purchase: | 5.0% | |
| Commercial: | 1.4% | |
| Variable Rate: | 1.4% | |
| Other: | 2.8% | |
| Total Application Types Found: 12 | ||
Average age: 37
Oldest age: 70
Youngest age: 20
The amounts shown below represent the average income of applicants living in Kamloops who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Kamloops: | $51,651.56 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($7,846.91) |
| mortgage co-applicants in Kamloops: | $43,679.31 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $1,276.18 |
The following depicts the residential status of people living in Kamloops who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.0% | |
| Own: | 46.4% | |
| Other: | 2.1% | |
| No Comment: | 5.0% | |
| Live with parents: | 6.4% |
The information below shows the marital status of applicants from Kamloops, British Columbia using the mortgage application found on canequity.com. Over 60% of the mortgage applicants are either married or living common-law, while only 40% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 49.3% | |
| Single: | 30.7% | |
| Common-law: | 10.7% | |
| Separated: | 7.1% | |
| Divorced: | 2.1% |
