Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.88% | 0.04% |
| 2010: | 14.38% | 0.04% |
| 2009: | 10.63% | 0.03% |
| 2008: | 8.75% | 0.03% |
| 2007: | 8.13% | 0.03% |
| 2006: | 14.38% | 0.04% |
| 2005: | 7.50% | 0.02% |
| 2004: | 10.00% | 0.03% |
| 2003: | 7.50% | 0.02% |
| 2002: | 6.88% | 0.02% |
The graph below shows the individual monthly volume history for Internet applications submitted from Dartmouth, NS.
The following bar graph depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Dartmouth seem to occur during our second quarter (represented by the green bars) with 26.88% while our slowest is the fourth quarter (represented by the red bars) with 21.25%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 12.5% | |
| 2: | March: | 10.6% | |
| 3: | September: | 10.6% | |
| 4: | May: | 10.0% | |
| 5: | February: | 9.4% | |
| 6: | July: | 8.8% | |
| 7: | October: | 8.8% | |
| 8: | November: | 7.5% | |
| 9: | January: | 6.3% | |
| 10: | August: | 6.3% | |
| 11: | December: | 5.0% | |
| 12: | June: | 4.4% |
The information listed below displays the busy days for mortgage inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Dartmouth, the day with the most volume, having more than 20.63% of all inquiries, is Wednesday. In comparison, Sunday's are the slowest day with only 8.75% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 20.6% | |
| 2: | Tuesday: | 18.1% | |
| 3: | Thursday: | 14.4% | |
| 4: | Friday: | 13.8% | |
| 5: | Monday: | 13.1% | |
| 6: | Saturday: | 11.3% | |
| 7: | Sunday: | 8.8% |
Inquiries are received 24 hours a day from the CanEquity web site. The following represents the peak 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: | 0.6% |
| 02:00 to 02:59: | 0.6% |
| 03:00 to 03:59: | 1.3% |
| 05:00 to 05:59: | 2.5% |
| 06:00 to 06:59: | 6.3% |
| 07:00 to 07:59: | 5.0% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 3.8% |
| 11:00 to 11:59: | 11.3% |
| 12:00 to 12:59: | 6.3% |
| 13:00 to 13:59: | 8.8% |
| 14:00 to 14:59: | 5.6% |
| 15:00 to 15:59: | 4.4% |
| 16:00 to 16:59: | 8.1% |
| 17:00 to 17:59: | 7.5% |
| 18:00 to 18:59: | 7.5% |
| 19:00 to 19:59: | 3.1% |
| 20:00 to 20:59: | 4.4% |
| 21:00 to 21:59: | 2.5% |
| 22:00 to 22:59: | 1.3% |
| 23:00 to 23:59: | 1.9% |
| 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: | HALIFAX, NS | 0.461% |
| 002: | DARTMOUTH, NS | 0.302% |
| 003: | SYDNEY, NS | 0.183% |
| 004: | TRURO, NS | 0.159% |
| 005: | LOWER SACKVILLE, NS | 0.121% |
| 006: | AMHERST, NS | 0.100% |
| 007: | YARMOUTH, NS | 0.094% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 22.5% | |
| Qualification: | 19.4% | |
| First-time Buyer: | 14.4% | |
| Renewal: | 13.1% | |
| No Money Down: | 12.5% | |
| Purchase: | 12.5% | |
| Commercial: | 1.9% | |
| Variable Rate: | 1.9% | |
| Second Mortgage: | 1.3% | |
| Other: | 0.6% | |
| Total Application Types Found: 10 | ||
Average age: 37
Oldest age: 68
Youngest age: 22
The information below represents the average income of Canadians living in Dartmouth who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Dartmouth: | $55,195.40 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($4,303.06) |
| mortgage co-applicants in Dartmouth: | $38,064.49 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($4,338.64) |
The following table represents the residential status of people living in Dartmouth who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 41.3% | |
| Own: | 47.5% | |
| Other: | 2.5% | |
| No Comment: | 4.4% | |
| Live with parents: | 4.4% |
The following pie chart represents the marital status of applicants from Dartmouth, Nova Scotia using the preapproval application found at the CanEquity web site. In Dartmouth, 66% of the mortgage applicants are either married or living common-law, while only 33% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 49.4% | |
| Single: | 26.3% | |
| Common-law: | 17.5% | |
| Separated: | 3.8% | |
| Divorced: | 3.1% |
