Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 5.00% | 0.00% |
| 2010: | 5.00% | 0.00% |
| 2009: | 5.00% | 0.00% |
| 2008: | 10.00% | 0.00% |
| 2007: | 10.00% | 0.00% |
| 2006: | 5.00% | 0.00% |
| 2005: | 5.00% | 0.00% |
| 2004: | 15.00% | 0.01% |
| 2003: | 20.00% | 0.01% |
| 2002: | 20.00% | 0.01% |
Applications are received 24 hours a day via the CanEquity web site. The statistics shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years. Only 25.0% of all mortgages are received during the morning, while 65.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 5.0% |
| 02:00 to 02:59: | 5.0% |
| 10:00 to 10:59: | 10.0% |
| 11:00 to 11:59: | 15.0% |
| 13:00 to 13:59: | 10.0% |
| 14:00 to 14:59: | 5.0% |
| 16:00 to 16:59: | 5.0% |
| 17:00 to 17:59: | 20.0% |
| 20:00 to 20:59: | 5.0% |
| 21:00 to 21:59: | 15.0% |
| 22:00 to 22:59: | 5.0% |
| 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 | |
|---|---|---|
| 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% |
| 059: | SIDNEY, BC | 0.038% |
| 060: | GOLDEN, BC | 0.038% |
| 061: | TUMBLER RIDGE, BC | 0.038% |
| 062: | WEST VANCOUVER, BC | 0.038% |
| 063: | AGASSIZ, BC | 0.036% |
| 064: | GIBSONS, BC | 0.036% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 30.0% | |
| Renewal: | 25.0% | |
| First-time Buyer: | 20.0% | |
| Purchase: | 10.0% | |
| Qualification: | 10.0% | |
| Refinance: | 5.0% | |
| Total Application Types Found: 6 | ||
Average age: 39
Oldest age: 64
Youngest age: 23
The following figures show the average income of Canadians living in Sidney who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sidney: | $56,989.47 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($2,508.99) |
| mortgage co-applicants in Sidney: | $32,604.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($9,799.13) |
The table and pie chart below represents the residential status of people living in Sidney who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 60.0% | |
| Own: | 35.0% | |
| Live with parents: | 5.0% |
The pie chart below represents the marital status of applicants from Sidney, British Columbia using the mortgage application found at the CanEquity web site. Over 65% of the mortgage applicants are either married or living common-law, while only 35% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 45.0% | |
| Single: | 35.0% | |
| Common-law: | 20.0% |
