Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 22.22% | 0.01% |
| 2010: | 29.63% | 0.01% |
| 2009: | 14.82% | 0.01% |
| 2008: | 7.41% | 0.00% |
| 2006: | 11.11% | 0.01% |
| 2004: | 3.70% | 0.00% |
| 2003: | 11.11% | 0.01% |
The bar graph below plots the busy days for online mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Kentville, the day with the most volume, having more than 29.63% of all submissions, is Monday. In comparison, Sunday's are the slowest day with only 7.41% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 29.6% | |
| 2: | Thursday: | 29.6% | |
| 3: | Wednesday: | 18.5% | |
| 4: | Tuesday: | 7.4% | |
| 5: | Friday: | 7.4% | |
| 6: | Sunday: | 7.4% |
Mortgage applications are received 24 hours a day on our web site. The time periods below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 3.7% |
| 06:00 to 06:59: | 3.7% |
| 07:00 to 07:59: | 7.4% |
| 08:00 to 08:59: | 7.4% |
| 09:00 to 09:59: | 3.7% |
| 10:00 to 10:59: | 3.7% |
| 12:00 to 12:59: | 3.7% |
| 13:00 to 13:59: | 3.7% |
| 14:00 to 14:59: | 7.4% |
| 16:00 to 16:59: | 3.7% |
| 17:00 to 17:59: | 11.1% |
| 18:00 to 18:59: | 11.1% |
| 19:00 to 19:59: | 11.1% |
| 20:00 to 20:59: | 7.4% |
| 21:00 to 21:59: | 11.1% |
| 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 | |
|---|---|---|
| 006: | AMHERST, NS | 0.100% |
| 007: | YARMOUTH, NS | 0.094% |
| 008: | GLACE BAY, NS | 0.072% |
| 009: | BEDFORD, NS | 0.053% |
| 010: | BRIDGEWATER, NS | 0.053% |
| 011: | KENTVILLE, NS | 0.051% |
| 012: | PICTOU, NS | 0.047% |
| 013: | LIVERPOOL, NS | 0.045% |
| 014: | NORTH SYDNEY, NS | 0.042% |
| 015: | NEW GLASGOW, NS | 0.040% |
| 016: | ANTIGONISH, NS | 0.040% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 22.2% | |
| First-time Buyer: | 22.2% | |
| Purchase: | 14.8% | |
| Qualification: | 14.8% | |
| Renewal: | 7.4% | |
| Refinance: | 7.4% | |
| Equity Mortgage: | 3.7% | |
| Pre-approval: | 3.7% | |
| Commercial: | 3.7% | |
| Total Application Types Found: 9 | ||
Average age: 39
Oldest age: 68
Youngest age: 21
The amounts below are the average income of Canadians living in Kentville who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Kentville: | $47,875.62 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($11,622.85) |
| mortgage co-applicants in Kentville: | $24,920.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($17,483.13) |
The information below represents the residential status of people living in Kentville who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 51.9% | |
| Own: | 40.7% | |
| No Comment: | 7.4% |
The pie chart below represents the marital status of applicants from Kentville, Nova Scotia using the mortgage application found on the CanEquity Mortgage web site. Over 85% of the mortgage applicants are living with someone, while only 14% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 55.6% | |
| Common-law: | 29.6% | |
| Single: | 11.1% | |
| Divorced: | 3.7% |
