Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 9.09% | 0.00% |
| 2010: | 4.54% | 0.00% |
| 2009: | 4.54% | 0.00% |
| 2008: | 4.54% | 0.00% |
| 2007: | 18.18% | 0.01% |
| 2006: | 13.64% | 0.01% |
| 2005: | 13.64% | 0.01% |
| 2003: | 27.27% | 0.01% |
| 2002: | 4.54% | 0.00% |
In White Rock, mortgage applications are received 24 hours a day via our web site. The statistics shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.5% |
| 09:00 to 09:59: | 4.5% |
| 10:00 to 10:59: | 4.5% |
| 11:00 to 11:59: | 13.6% |
| 12:00 to 12:59: | 9.1% |
| 14:00 to 14:59: | 13.6% |
| 15:00 to 15:59: | 9.1% |
| 19:00 to 19:59: | 18.2% |
| 20:00 to 20:59: | 4.5% |
| 21:00 to 21:59: | 4.5% |
| 22:00 to 22:59: | 13.6% |
| 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 | |
|---|---|---|
| 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% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.3% | |
| First-time Buyer: | 22.7% | |
| Refinance: | 22.7% | |
| No Money Down: | 9.1% | |
| Second Mortgage: | 4.5% | |
| Renewal: | 4.5% | |
| Purchase: | 4.5% | |
| Investment: | 4.5% | |
| Total Application Types Found: 8 | ||
Average age: 42
Oldest age: 71
Youngest age: 28
The figures below represent the average income of applicants living in White Rock who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in White Rock: | $67,387.41 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $7,888.94 |
| mortgage co-applicants in White Rock: | $44,533.40 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $2,130.27 |
The table and pie chart below represents the residential status of people living in White Rock who have applied for a loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 45.5% | |
| Own: | 50.0% | |
| No Comment: | 4.5% |
The following table and pie chart represents the marital status of applicants from White Rock, British Columbia using the online mortgage application located at canequity.com. Approximately 36% of the mortgage applicants are living together with someone, while only 59% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 54.5% | |
| Married: | 31.8% | |
| Separated: | 4.5% | |
| Widowed: | 4.5% | |
| Common-law: | 4.5% |
