Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 20.00% | 0.01% |
| 2010: | 5.00% | 0.00% |
| 2009: | 5.00% | 0.00% |
| 2008: | 25.00% | 0.01% |
| 2007: | 20.00% | 0.01% |
| 2006: | 15.00% | 0.01% |
| 2003: | 5.00% | 0.00% |
| 2002: | 5.00% | 0.00% |
Applications are received 24 hours a day from the CanEquity web site. The statistics shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 0.0% of all mortgages are received before noon, while 45.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 5.0% |
| 06:00 to 06:59: | 5.0% |
| 07:00 to 07:59: | 10.0% |
| 08:00 to 08:59: | 10.0% |
| 09:00 to 09:59: | 10.0% |
| 10:00 to 10:59: | 15.0% |
| 12:00 to 12:59: | 5.0% |
| 13:00 to 13:59: | 10.0% |
| 15:00 to 15:59: | 5.0% |
| 16:00 to 16:59: | 5.0% |
| 17:00 to 17:59: | 5.0% |
| 18:00 to 18:59: | 5.0% |
| 20:00 to 20:59: | 10.0% |
| 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 | |
|---|---|---|
| 002: | CORNER BROOK, NL | 0.094% |
| 003: | MOUNT PEARL, NL | 0.087% |
| 004: | CONCEPTION BAY SOUTH, NL | 0.047% |
| 005: | PARADISE, NL | 0.047% |
| 006: | GRAND FALLS-WINDSOR, NL | 0.043% |
| 007: | GANDER, NL | 0.038% |
| 008: | PORTUGAL COVE-ST PHILIPS, NL | 0.032% |
| 009: | HAPPY VALLEY-GOOSE BAY, NL | 0.019% |
| 010: | LABRADOR CITY, NL | 0.019% |
| 011: | MARYSTOWN, NL | 0.019% |
| 012: | CLARENVILLE, NL | 0.015% |
| 1 | Lewisporte, Newfoundland and Labrador |
| 2 | Bay Of Islands, Newfoundland and Labrador |
| 3 | Bishops Falls, Newfoundland and Labrador |
| 4 | Grand Falls-Windsor, Newfoundland and Labrador |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 25.0% | |
| Refinance: | 20.0% | |
| No Money Down: | 20.0% | |
| Purchase: | 15.0% | |
| Qualification: | 15.0% | |
| Pre-approval: | 5.0% | |
| Total Application Types Found: 6 | ||
Average age: 33
Oldest age: 57
Youngest age: 23
The numbers below represent the average income of Canadians living in Gander who have applied for a mortgage loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Gander: | $51,500.17 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($7,998.30) |
| mortgage co-applicants in Gander: | $25,500.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($16,903.13) |
The chart and pie-graph below depicts the residential status of people living in Gander who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 60.0% | |
| Own: | 25.0% | |
| Other: | 5.0% | |
| No Comment: | 10.0% |
The information below shows the marital status of applicants from Gander, Newfoundland and Labrador using the mortgage application found on the CanEquity Mortgage web site. In Gander, approximately 85% of the mortgage applicants are either married or living common-law, while only 15% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 65.0% | |
| Common-law: | 20.0% | |
| Single: | 15.0% |
