Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.25% | 0.00% |
| 2010: | 15.63% | 0.01% |
| 2009: | 9.38% | 0.01% |
| 2008: | 15.63% | 0.01% |
| 2007: | 9.38% | 0.01% |
| 2006: | 9.38% | 0.01% |
| 2005: | 15.63% | 0.01% |
| 2004: | 12.50% | 0.01% |
| 2003: | 3.13% | 0.00% |
| 2002: | 3.13% | 0.00% |
The information listed below displays the busy days for online applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Revelstoke the busiest day of the week, with 25.00% of all applications, is Wednesday. In comparison, Friday's are the slowest day with only 3.13% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 25.0% | |
| 2: | Monday: | 21.9% | |
| 3: | Thursday: | 21.9% | |
| 4: | Tuesday: | 15.6% | |
| 5: | Sunday: | 6.3% | |
| 6: | Saturday: | 6.3% | |
| 7: | Friday: | 3.1% |
Inquiries are received 24 hours a day via the CanEquity web site. The time periods below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 28.1% of all mortgages are received before noon, while 71.9% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 08:00 to 08:59: | 6.3% |
| 09:00 to 09:59: | 3.1% |
| 10:00 to 10:59: | 9.4% |
| 11:00 to 11:59: | 9.4% |
| 12:00 to 12:59: | 6.3% |
| 13:00 to 13:59: | 9.4% |
| 14:00 to 14:59: | 6.3% |
| 15:00 to 15:59: | 9.4% |
| 16:00 to 16:59: | 3.1% |
| 17:00 to 17:59: | 3.1% |
| 19:00 to 19:59: | 6.3% |
| 20:00 to 20:59: | 12.5% |
| 21:00 to 21:59: | 6.3% |
| 22:00 to 22:59: | 6.3% |
| 23:00 to 23:59: | 3.1% |
| 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 | |
|---|---|---|
| 032: | DUNCAN, BC | 0.074% |
| 033: | CRANBROOK, BC | 0.070% |
| 034: | VANDERHOOF, BC | 0.062% |
| 035: | WILLIAMS LAKE, BC | 0.060% |
| 036: | PORT MOODY, BC | 0.060% |
| 037: | REVELSTOKE, BC | 0.060% |
| 038: | PARKSVILLE, BC | 0.057% |
| 039: | GRAND FORKS, BC | 0.055% |
| 040: | SOOKE, BC | 0.053% |
| 041: | SECHELT, BC | 0.051% |
| 042: | KIMBERLEY, BC | 0.051% |
| 1 | Sicamous, British Columbia |
| 2 | Lumby, British Columbia |
| 3 | Golden, British Columbia |
| 4 | Blind Bay, British Columbia |
| 5 | Clearwater, British Columbia |
| 6 | Enderby, British Columbia |
| 7 | Celista, British Columbia |
| 8 | Nakusp, British Columbia |
| 9 | Coldstream, British Columbia |
| 10 | Barriere, British Columbia |
| 11 | Armstrong, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.0% | |
| First-time Buyer: | 18.8% | |
| Qualification: | 15.6% | |
| Renewal: | 12.5% | |
| Purchase: | 12.5% | |
| Equity Mortgage: | 6.3% | |
| No Money Down: | 3.1% | |
| Pre-approval: | 3.1% | |
| Commercial: | 3.1% | |
| Total Application Types Found: 9 | ||
Average age: 39
Oldest age: 75
Youngest age: 21
The following depicts the average income of people living in Revelstoke who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Revelstoke: | $54,554.71 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($4,943.76) |
| mortgage co-applicants in Revelstoke: | $19,480.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($22,923.13) |
The chart and pie-graph below depicts the residential status of people living in Revelstoke who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 46.9% | |
| Own: | 46.9% | |
| No Comment: | 3.1% | |
| Live with parents: | 3.1% |
The following pie chart represents the marital status of applicants from Revelstoke, British Columbia using the online mortgage application located at canequity.com. In Revelstoke, approximately 56% of the mortgage applicants are living with someone, while only 40% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 40.6% | |
| Single: | 37.5% | |
| Common-law: | 15.6% | |
| Separated: | 3.1% | |
| Widowed: | 3.1% |
