Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 4.76% | 0.00% |
| 2010: | 19.05% | 0.01% |
| 2009: | 14.29% | 0.01% |
| 2008: | 19.05% | 0.01% |
| 2006: | 9.52% | 0.00% |
| 2005: | 4.76% | 0.00% |
| 2004: | 9.52% | 0.00% |
| 2003: | 9.52% | 0.00% |
| 2002: | 9.52% | 0.00% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below represents 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: | 9.5% |
| 07:00 to 07:59: | 23.8% |
| 08:00 to 08:59: | 4.8% |
| 09:00 to 09:59: | 4.8% |
| 11:00 to 11:59: | 9.5% |
| 13:00 to 13:59: | 9.5% |
| 14:00 to 14:59: | 4.8% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 9.5% |
| 17:00 to 17:59: | 4.8% |
| 18:00 to 18:59: | 4.8% |
| 20:00 to 20:59: | 4.8% |
| 21:00 to 21:59: | 4.8% |
| 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 | |
|---|---|---|
| 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% |
| 017: | WOLFVILLE, NS | 0.038% |
| 018: | EASTERN PASSAGE, NS | 0.038% |
| 019: | NEW WATERFORD, NS | 0.036% |
| 020: | NEW MINAS, NS | 0.034% |
| 1 | Stellarton, Nova Scotia |
| 2 | Westville, Nova Scotia |
| 3 | Trenton, Nova Scotia |
| 4 | Pictou, Nova Scotia |
| 5 | Shelburne, Nova Scotia |
| 6 | Antigonish, Nova Scotia |
| 7 | Coldbrook, Nova Scotia |
| 8 | Annapolis County, Nova Scotia |
| 9 | Debert, Nova Scotia |
| 10 | Pugwash, Nova Scotia |
| 11 | Merigomish, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 38.1% | |
| First-time Buyer: | 38.1% | |
| No Money Down: | 19.0% | |
| Refinance: | 4.8% | |
| Total Application Types Found: 4 | ||
Average age: 34
Oldest age: 58
Youngest age: 21
The information below represents the average income of Canadians living in New Glasgow who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in New Glasgow: | $40,257.71 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($19,240.75) |
| mortgage co-applicants in New Glasgow: | $24,587.67 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($17,815.46) |
The following table represents the residential status of people living in New Glasgow who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 57.1% | |
| Own: | 28.6% | |
| Other: | 4.8% | |
| No Comment: | 4.8% | |
| Live with parents: | 4.8% |
The following table and pie chart represents the marital status of applicants from New Glasgow, Nova Scotia using the mortgage preapproval application located at the CanEquity web site. In New Glasgow, approximately 57% of the mortgage applicants are living together with someone, while only 42% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 47.6% | |
| Single: | 42.9% | |
| Common-law: | 9.5% |
