Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 5.41% | 0.01% |
| 2010: | 9.46% | 0.01% |
| 2009: | 33.78% | 0.05% |
| 2008: | 18.92% | 0.03% |
| 2007: | 6.76% | 0.01% |
| 2006: | 10.81% | 0.01% |
| 2005: | 2.70% | 0.00% |
| 2004: | 2.70% | 0.00% |
| 2003: | 4.05% | 0.01% |
| 2002: | 5.41% | 0.01% |
The bar graph below represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Brandon happen to occur during our first quarter (represented by the brown bars) with 39.19% while our slowest is the fourth quarter (represented by the red bars) with 14.86%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 14.9% | |
| 2: | January: | 13.5% | |
| 3: | April: | 12.2% | |
| 4: | February: | 10.8% | |
| 5: | May: | 9.5% | |
| 6: | November: | 6.8% | |
| 7: | July: | 6.8% | |
| 8: | October: | 6.8% | |
| 9: | September: | 6.8% | |
| 10: | August: | 5.4% | |
| 11: | June: | 5.4% | |
| 12: | December: | 1.4% |
The graph listed below displays the busy days for online mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Brandon the busiest day, with approximately 20.27% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 5.41% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.3% | |
| 2: | Wednesday: | 16.2% | |
| 3: | Thursday: | 16.2% | |
| 4: | Sunday: | 14.9% | |
| 5: | Tuesday: | 13.5% | |
| 6: | Friday: | 13.5% | |
| 7: | Saturday: | 5.4% |
Applications are received 24 hours a day on the CanEquity web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 8.1% of all mortgages are received before noon, while 60.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.4% |
| 02:00 to 02:59: | 1.4% |
| 03:00 to 03:59: | 2.7% |
| 04:00 to 04:59: | 1.4% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 1.4% |
| 07:00 to 07:59: | 2.7% |
| 08:00 to 08:59: | 2.7% |
| 09:00 to 09:59: | 10.8% |
| 10:00 to 10:59: | 5.4% |
| 11:00 to 11:59: | 8.1% |
| 12:00 to 12:59: | 8.1% |
| 13:00 to 13:59: | 5.4% |
| 14:00 to 14:59: | 2.7% |
| 15:00 to 15:59: | 8.1% |
| 16:00 to 16:59: | 1.4% |
| 17:00 to 17:59: | 10.8% |
| 18:00 to 18:59: | 4.1% |
| 19:00 to 19:59: | 6.8% |
| 20:00 to 20:59: | 8.1% |
| 21:00 to 21:59: | 1.4% |
| 22:00 to 22:59: | 2.7% |
| 23:00 to 23:59: | 1.4% |
| 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 | |
|---|---|---|
| 001: | WINNIPEG, MB | 1.144% |
| 002: | BRANDON, MB | 0.140% |
| 003: | THOMPSON, MB | 0.055% |
| 004: | PORTAGE LA PRAIRIE, MB | 0.043% |
| 005: | THE PAS, MB | 0.034% |
| 006: | SHILO, MB | 0.030% |
| 007: | STEINBACH, MB | 0.028% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 31.1% | |
| First-time Buyer: | 17.6% | |
| No Money Down: | 16.2% | |
| Refinance: | 10.8% | |
| Renewal: | 8.1% | |
| Purchase: | 6.8% | |
| Commercial: | 4.1% | |
| Variable Rate: | 2.7% | |
| Pre-approval: | 1.4% | |
| Investment: | 1.4% | |
| Total Application Types Found: 10 | ||
Average age: 35
Oldest age: 74
Youngest age: 22
The numbers below represent the average income of Canadians living in Brandon who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Brandon: | $51,283.83 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($8,214.63) |
| mortgage co-applicants in Brandon: | $35,632.79 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($6,770.34) |
The chart and pie-graph below depicts the residential status of people living in Brandon who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.0% | |
| Own: | 36.5% | |
| Other: | 1.4% | |
| No Comment: | 6.8% | |
| Live with parents: | 5.4% |
The pie chart below represents the marital status of applicants from Brandon, Manitoba using the mortgage application found on canequity.com. In Brandon, over 71% of the mortgage applicants are living with someone, while only 28% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 54.1% | |
| Single: | 24.3% | |
| Common-law: | 17.6% | |
| Divorced: | 2.7% | |
| Separated: | 1.4% |
