Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 20.83% | 0.01% |
| 2010: | 8.33% | 0.00% |
| 2009: | 8.33% | 0.00% |
| 2008: | 8.33% | 0.00% |
| 2007: | 8.33% | 0.00% |
| 2006: | 4.17% | 0.00% |
| 2005: | 29.17% | 0.01% |
| 2004: | 8.33% | 0.00% |
| 2003: | 4.17% | 0.00% |
Inquiries are received 24 hours a day from the CanEquity web site. The information shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 20.8% of all mortgages are received before noon, while 79.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 4.2% |
| 09:00 to 09:59: | 4.2% |
| 10:00 to 10:59: | 12.5% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 8.3% |
| 17:00 to 17:59: | 8.3% |
| 19:00 to 19:59: | 25.0% |
| 20:00 to 20:59: | 4.2% |
| 21:00 to 21:59: | 8.3% |
| 22:00 to 22:59: | 8.3% |
| 23:00 to 23:59: | 8.3% |
| 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 | |
|---|---|---|
| 044: | SQUAMISH, BC | 0.049% |
| 045: | TRAIL, BC | 0.049% |
| 046: | CASTLEGAR, BC | 0.047% |
| 047: | MERRITT, BC | 0.047% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 29.2% | |
| Purchase: | 20.8% | |
| No Money Down: | 20.8% | |
| Refinance: | 8.3% | |
| First-time Buyer: | 8.3% | |
| Second Mortgage: | 8.3% | |
| Renewal: | 4.2% | |
| Total Application Types Found: 7 | ||
Average age: 37
Oldest age: 57
Youngest age: 26
The figures below represent the average income of people living in Sparwood who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sparwood: | $61,161.90 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $1,663.44 |
| mortgage co-applicants in Sparwood: | $29,842.86 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($12,560.27) |
The table and pie chart below represents the residential status of people living in Sparwood who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.8% | |
| Own: | 50.0% | |
| Other: | 4.2% |
The following information represents the marital status of applicants from Sparwood, British Columbia using the preapproval application found on canequity.com. 79% of the mortgage applicants are living together with someone, while only 20% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 54.2% | |
| Common-law: | 25.0% | |
| Single: | 12.5% | |
| Divorced: | 8.3% |
