Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 11.11% | 0.01% |
| 2009: | 3.70% | 0.00% |
| 2008: | 11.11% | 0.01% |
| 2007: | 18.52% | 0.01% |
| 2006: | 22.22% | 0.01% |
| 2005: | 7.41% | 0.00% |
| 2004: | 18.52% | 0.01% |
| 2003: | 3.70% | 0.00% |
| 2002: | 3.70% | 0.00% |
The information below shows the busy days for mortgage applications that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Sechelt the busiest day, with 22.22% of all applications, is Monday. In comparison, Sunday's are the slowest day with only 7.41% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 22.2% | |
| 2: | Friday: | 18.5% | |
| 3: | Tuesday: | 14.8% | |
| 4: | Wednesday: | 14.8% | |
| 5: | Thursday: | 11.1% | |
| 6: | Saturday: | 11.1% | |
| 7: | Sunday: | 7.4% |
In Sechelt, mortgages are received 24 hours a day via the CanEquity web site. The time periods below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 3.7% of all mortgages are received during the morning, while 85.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 11.1% |
| 09:00 to 09:59: | 3.7% |
| 12:00 to 12:59: | 7.4% |
| 14:00 to 14:59: | 14.8% |
| 15:00 to 15:59: | 3.7% |
| 16:00 to 16:59: | 3.7% |
| 17:00 to 17:59: | 18.5% |
| 18:00 to 18:59: | 3.7% |
| 19:00 to 19:59: | 11.1% |
| 20:00 to 20:59: | 3.7% |
| 21:00 to 21:59: | 3.7% |
| 22:00 to 22:59: | 3.7% |
| 23:00 to 23:59: | 11.1% |
| 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 | |
|---|---|---|
| 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% |
| 043: | LADYSMITH, BC | 0.051% |
| 044: | SQUAMISH, BC | 0.049% |
| 045: | TRAIL, BC | 0.049% |
| 046: | CASTLEGAR, BC | 0.047% |
| 1 | Roberts Creek, British Columbia |
| 2 | Gibsons, British Columbia |
| 3 | Bowen Island, British Columbia |
| 4 | Halfmoon Bay, British Columbia |
| 5 | Powell River, British Columbia |
| 6 | Squamish, British Columbia |
| 7 | North Vancouver, British Columbia |
| 8 | West Vancouver, British Columbia |
| 9 | Brackendale, British Columbia |
| 10 | Garibaldi Highlands, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 29.6% | |
| First-time Buyer: | 18.5% | |
| No Money Down: | 14.8% | |
| Renewal: | 14.8% | |
| Purchase: | 7.4% | |
| Pre-approval: | 3.7% | |
| Second Mortgage: | 3.7% | |
| Refinance: | 3.7% | |
| Variable Rate: | 3.7% | |
| Total Application Types Found: 9 | ||
Average age: 42
Oldest age: 76
Youngest age: 23
The figures below represent the average income of applicants living in Sechelt who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sechelt: | $51,115.38 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($8,383.08) |
| mortgage co-applicants in Sechelt: | $41,705.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($698.13) |
The information shown below represents the residential status of people living in Sechelt who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.7% | |
| Own: | 55.6% | |
| Other: | 3.7% |
The pie chart below represents the marital status of applicants from Sechelt, British Columbia using the mortgage preapproval application found on the CanEquity Mortgage web site. In Sechelt, 66% of the mortgage applicants are living with someone, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 51.9% | |
| Single: | 29.6% | |
| Common-law: | 14.8% | |
| Divorced: | 3.7% |
