Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 37.86% | 0.10% |
| 2010: | 9.29% | 0.03% |
| 2009: | 12.86% | 0.03% |
| 2008: | 8.57% | 0.02% |
| 2007: | 7.14% | 0.02% |
| 2006: | 7.86% | 0.02% |
| 2005: | 5.00% | 0.01% |
| 2004: | 1.43% | 0.00% |
| 2003: | 5.00% | 0.01% |
| 2002: | 5.00% | 0.01% |
The bar graph below depicts the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Yellowknife mostly occur during our third quarter (represented by the blue bars) with 28.57% while our slowest is the fourth quarter (represented by the red bars) with 23.57%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | August: | 15.0% | |
| 2: | March: | 13.6% | |
| 3: | November: | 11.4% | |
| 4: | June: | 9.3% | |
| 5: | October: | 9.3% | |
| 6: | May: | 7.9% | |
| 7: | April: | 7.1% | |
| 8: | September: | 7.1% | |
| 9: | July: | 6.4% | |
| 10: | January: | 5.0% | |
| 11: | February: | 5.0% | |
| 12: | December: | 2.9% |
The data below displays the busy days for online mortgage applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Yellowknife, the day with the most volume, having more than 20.71% of all applications, is Monday. In comparison, Thursday's are the slowest day with only 8.57% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 20.7% | |
| 2: | Wednesday: | 16.4% | |
| 3: | Sunday: | 16.4% | |
| 4: | Tuesday: | 15.0% | |
| 5: | Saturday: | 13.6% | |
| 6: | Friday: | 9.3% | |
| 7: | Thursday: | 8.6% |
In Yellowknife, inquiries are received 24 hours a day on the CanEquity web site. The statistics shown below 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 |
|---|---|
| 00:00 to 00:59: | 2.1% |
| 01:00 to 01:59: | 0.7% |
| 02:00 to 02:59: | 0.7% |
| 03:00 to 03:59: | 0.7% |
| 08:00 to 08:59: | 2.1% |
| 09:00 to 09:59: | 5.0% |
| 10:00 to 10:59: | 7.1% |
| 11:00 to 11:59: | 6.4% |
| 12:00 to 12:59: | 10.0% |
| 13:00 to 13:59: | 7.1% |
| 14:00 to 14:59: | 5.0% |
| 15:00 to 15:59: | 7.1% |
| 16:00 to 16:59: | 9.3% |
| 17:00 to 17:59: | 4.3% |
| 18:00 to 18:59: | 4.3% |
| 19:00 to 19:59: | 4.3% |
| 20:00 to 20:59: | 7.1% |
| 21:00 to 21:59: | 4.3% |
| 22:00 to 22:59: | 6.4% |
| 23:00 to 23:59: | 5.7% |
| 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: | YELLOWKNIFE, NT | 0.264% |
| 002: | INUVIK, NT | 0.045% |
| 003: | HAY RIVER, NT | 0.042% |
| 004: | FORT SMITH, NT | 0.009% |
| 005: | BEHCHOKO, NT | 0.009% |
| 006: | FORT SIMPSON, NT | 0.006% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Purchase: | 28.6% | |
| First-time Buyer: | 23.6% | |
| Qualification: | 17.9% | |
| No Money Down: | 13.6% | |
| Refinance: | 8.6% | |
| Renewal: | 3.6% | |
| Other: | 4.2% | |
| Total Application Types Found: 12 | ||
Average age: 35
Oldest age: 60
Youngest age: 21
The information below represents the average income of Canadians living in Yellowknife who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Yellowknife: | $71,984.04 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $12,485.58 |
| mortgage co-applicants in Yellowknife: | $61,653.55 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $19,250.42 |
The following depicts the residential status of people living in Yellowknife who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 70.7% | |
| Own: | 22.9% | |
| Other: | 2.9% | |
| No Comment: | 2.9% | |
| Live with parents: | 0.7% |
The following table and pie chart represents the marital status of applicants from Yellowknife, Northwest Territories using the preapproval application found on the CanEquity Mortgage web site. In Yellowknife, over 72% of the mortgage applicants are living together with someone, while only 27% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.7% | |
| Single: | 24.3% | |
| Common-law: | 22.1% | |
| Divorced: | 1.4% | |
| Separated: | 1.4% |
