Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.54% | 0.01% |
| 2010: | 11.54% | 0.01% |
| 2009: | 15.39% | 0.01% |
| 2008: | 11.54% | 0.01% |
| 2007: | 3.85% | 0.00% |
| 2006: | 19.23% | 0.01% |
| 2005: | 3.85% | 0.00% |
| 2003: | 7.69% | 0.00% |
| 2002: | 15.39% | 0.01% |
The information listed below compares the busy days for mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Squamish, the day with the most volume, having more than 42.31% of all inquiries, is Tuesday. In comparison, Thursday's are the slowest day with only 7.69% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 42.3% | |
| 2: | Monday: | 11.5% | |
| 3: | Wednesday: | 11.5% | |
| 4: | Sunday: | 11.5% | |
| 5: | Friday: | 7.7% | |
| 6: | Saturday: | 7.7% | |
| 7: | Thursday: | 7.7% |
Mortgage applications are received 24 hours a day on the CanEquity web site. The information shown below represents the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 11.5% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 3.8% |
| 11:00 to 11:59: | 19.2% |
| 12:00 to 12:59: | 7.7% |
| 15:00 to 15:59: | 7.7% |
| 17:00 to 17:59: | 3.8% |
| 18:00 to 18:59: | 7.7% |
| 19:00 to 19:59: | 11.5% |
| 21:00 to 21:59: | 3.8% |
| 22:00 to 22:59: | 11.5% |
| 23:00 to 23:59: | 3.8% |
| 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 | |
|---|---|---|
| 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% |
| 047: | MERRITT, BC | 0.047% |
| 048: | COMOX, BC | 0.045% |
| 049: | SPARWOOD, BC | 0.045% |
| 1 | Brackendale, British Columbia |
| 2 | Garibaldi Highlands, British Columbia |
| 3 | Bowen Island, British Columbia |
| 4 | Whistler, British Columbia |
| 5 | Sechelt, British Columbia |
| 6 | Gibsons, British Columbia |
| 7 | Roberts Creek, British Columbia |
| 8 | Halfmoon Bay, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.1% | |
| Refinance: | 19.2% | |
| First-time Buyer: | 11.5% | |
| Renewal: | 11.5% | |
| Purchase: | 11.5% | |
| No Money Down: | 7.7% | |
| Low Doc: | 3.8% | |
| Commercial: | 3.8% | |
| Transfer: | 3.8% | |
| Variable Rate: | 3.8% | |
| Total Application Types Found: 10 | ||
Average age: 36
Oldest age: 52
Youngest age: 23
The following depicts the average income of people living in Squamish who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Squamish: | $67,402.56 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $7,904.09 |
| mortgage co-applicants in Squamish: | $41,727.27 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($675.86) |
The table and pie chart below represents the residential status of people living in Squamish who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 38.5% | |
| Own: | 50.0% | |
| No Comment: | 11.5% |
The information below shows the marital status of applicants from Squamish, British Columbia using the mortgage application found on the CanEquity Mortgage web site. 80% of the mortgage applicants are living together with someone, while only 19% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.7% | |
| Common-law: | 23.1% | |
| Single: | 15.4% | |
| Separated: | 3.8% |
