Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.70% | 0.00% |
| 2010: | 26.09% | 0.01% |
| 2009: | 4.35% | 0.00% |
| 2008: | 21.74% | 0.01% |
| 2007: | 4.35% | 0.00% |
| 2005: | 17.39% | 0.01% |
| 2003: | 13.04% | 0.01% |
| 2002: | 4.35% | 0.00% |
In Grand Falls-Windsor, applications are received 24 hours a day on the CanEquity web site. The following indicates the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 4.3% |
| 07:00 to 07:59: | 8.7% |
| 08:00 to 08:59: | 17.4% |
| 09:00 to 09:59: | 8.7% |
| 11:00 to 11:59: | 4.3% |
| 12:00 to 12:59: | 13.0% |
| 13:00 to 13:59: | 4.3% |
| 15:00 to 15:59: | 13.0% |
| 16:00 to 16:59: | 13.0% |
| 18:00 to 18:59: | 4.3% |
| 19:00 to 19:59: | 8.7% |
| 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: | ST JOHN'S, NL | 0.315% |
| 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% |
| 1 | Bishops Falls, Newfoundland and Labrador |
| 2 | Lewisporte, Newfoundland and Labrador |
| 3 | Gander, Newfoundland and Labrador |
| 4 | Bay Of Islands, Newfoundland and Labrador |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 34.8% | |
| Refinance: | 21.7% | |
| No Money Down: | 13.0% | |
| Purchase: | 8.7% | |
| First-time Buyer: | 8.7% | |
| Renewal: | 4.3% | |
| Short Term Open: | 4.3% | |
| Recreational: | 4.3% | |
| Total Application Types Found: 8 | ||
Average age: 41
Oldest age: 64
Youngest age: 24
The information below represents the average income of applicants living in Grand Falls-Windsor who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Grand Falls-Windsor: | $42,269.70 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($17,228.77) |
| mortgage co-applicants in Grand Falls-Windsor: | $30,334.29 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($12,068.84) |
The following table represents the residential status of people living in Grand Falls-Windsor who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 34.8% | |
| Own: | 47.8% | |
| Other: | 8.7% | |
| Live with parents: | 8.7% |
The information below shows the marital status of applicants from Grand Falls-Windsor, Newfoundland and Labrador using the preapproval application located at the CanEquity web site. In Grand Falls-Windsor, 60% of the mortgage applicants are living common-law or married, while only 39% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.5% | |
| Single: | 21.7% | |
| Divorced: | 13.0% | |
| Separated: | 4.3% | |
| Common-law: | 4.3% |
