Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.70% | 0.00% |
| 2010: | 4.35% | 0.00% |
| 2009: | 21.74% | 0.01% |
| 2008: | 13.04% | 0.01% |
| 2007: | 8.70% | 0.00% |
| 2006: | 8.70% | 0.00% |
| 2005: | 4.35% | 0.00% |
| 2004: | 13.04% | 0.01% |
| 2003: | 8.70% | 0.00% |
| 2002: | 8.70% | 0.00% |
Applications are received 24 hours a day from the CanEquity web site. The following represents the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 08:00 to 08:59: | 4.3% |
| 09:00 to 09:59: | 8.7% |
| 10:00 to 10:59: | 4.3% |
| 12:00 to 12:59: | 17.4% |
| 13:00 to 13:59: | 13.0% |
| 14:00 to 14:59: | 8.7% |
| 15:00 to 15:59: | 4.3% |
| 16:00 to 16:59: | 4.3% |
| 17:00 to 17:59: | 13.0% |
| 20:00 to 20:59: | 4.3% |
| 21:00 to 21:59: | 13.0% |
| 22:00 to 22:59: | 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 | |
|---|---|---|
| 048: | COMOX, BC | 0.045% |
| 049: | SPARWOOD, BC | 0.045% |
| 050: | KITIMAT, BC | 0.043% |
| 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% |
| 1 | Halfmoon Bay, British Columbia |
| 2 | Sechelt, British Columbia |
| 3 | Roberts Creek, British Columbia |
| 4 | Bowen Island, British Columbia |
| 5 | Gibsons, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 30.4% | |
| First-time Buyer: | 21.7% | |
| Refinance: | 17.4% | |
| Purchase: | 8.7% | |
| No Money Down: | 4.3% | |
| Renewal: | 4.3% | |
| Equity Mortgage: | 4.3% | |
| Investment: | 4.3% | |
| HELOC: | 4.3% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 66
Youngest age: 21
The figures below represent the average income of Canadians living in Powell River who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Powell River: | $67,619.05 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $8,120.58 |
| mortgage co-applicants in Powell River: | $29,857.14 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($12,545.99) |
The information shown below represents the residential status of people living in Powell River who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 34.8% | |
| Own: | 56.5% | |
| No Comment: | 8.7% |
The following information represents the marital status of applicants from Powell River, British Columbia using the mortgage preapproval application located at canequity.com. In Powell River, 78% of the mortgage applicants are either married or living common-law, while only 21% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.9% | |
| Common-law: | 17.4% | |
| Divorced: | 13.0% | |
| Single: | 8.7% |
