Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.00% | 0.01% |
| 2010: | 22.00% | 0.02% |
| 2009: | 16.00% | 0.01% |
| 2008: | 12.00% | 0.01% |
| 2007: | 10.00% | 0.01% |
| 2006: | 2.00% | 0.00% |
| 2005: | 6.00% | 0.01% |
| 2004: | 8.00% | 0.01% |
| 2003: | 8.00% | 0.01% |
| 2002: | 10.00% | 0.01% |
This graph displays the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Yarmouth usually occur during our second quarter (represented by the green bars) with 32.00% while our slowest is the fourth quarter (represented by the red bars) with 16.00%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 16.0% | |
| 2: | May: | 14.0% | |
| 3: | July: | 10.0% | |
| 4: | August: | 10.0% | |
| 5: | June: | 10.0% | |
| 6: | September: | 10.0% | |
| 7: | November: | 8.0% | |
| 8: | April: | 8.0% | |
| 9: | February: | 6.0% | |
| 10: | December: | 4.0% | |
| 11: | October: | 4.0% | |
| 12: | December: | 0.0% |
The graph listed below illustrates the busy days for online applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Yarmouth the busiest day of the week, with 22.00% of all inquiries, is Tuesday. In comparison, Sunday's are the slowest day with only 4.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 22.0% | |
| 2: | Friday: | 18.0% | |
| 3: | Thursday: | 18.0% | |
| 4: | Monday: | 14.0% | |
| 5: | Wednesday: | 12.0% | |
| 6: | Saturday: | 12.0% | |
| 7: | Sunday: | 4.0% |
In Yarmouth, applications are received 24 hours a day from the CanEquity web site. The graph shown below represents the busy hours in the day. The data is taken from all days of all years. Only 40.0% of all mortgages are received before noon, while 58.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 2.0% |
| 06:00 to 06:59: | 8.0% |
| 07:00 to 07:59: | 6.0% |
| 08:00 to 08:59: | 4.0% |
| 09:00 to 09:59: | 6.0% |
| 10:00 to 10:59: | 8.0% |
| 11:00 to 11:59: | 8.0% |
| 12:00 to 12:59: | 8.0% |
| 13:00 to 13:59: | 12.0% |
| 14:00 to 14:59: | 6.0% |
| 15:00 to 15:59: | 4.0% |
| 17:00 to 17:59: | 10.0% |
| 18:00 to 18:59: | 4.0% |
| 19:00 to 19:59: | 8.0% |
| 20:00 to 20:59: | 4.0% |
| 21:00 to 21:59: | 2.0% |
| 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 | |
|---|---|---|
| 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% |
| 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% |
| 1 | South Ohio, Nova Scotia |
| 2 | Clark'S Harbour, Nova Scotia |
| 3 | Port Maitland, Nova Scotia |
| 4 | Clam Point, Nova Scotia |
| 5 | Mavillette, Nova Scotia |
| 6 | Meteghan, Nova Scotia |
| 7 | Weymouth, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 24.0% | |
| Refinance: | 24.0% | |
| First-time Buyer: | 22.0% | |
| Qualification: | 10.0% | |
| Purchase: | 10.0% | |
| Commercial: | 4.0% | |
| Pre-approval: | 2.0% | |
| Renewal: | 2.0% | |
| HELOC: | 2.0% | |
| Total Application Types Found: 9 | ||
Average age: 37
Oldest age: 60
Youngest age: 23
The amounts below are the average income of Canadians living in Yarmouth who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Yarmouth: | $48,123.60 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($11,374.86) |
| mortgage co-applicants in Yarmouth: | $26,609.30 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($15,793.83) |
The chart and pie-graph below depicts the residential status of people living in Yarmouth who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 54.0% | |
| Own: | 34.0% | |
| Other: | 2.0% | |
| No Comment: | 10.0% |
The following information represents the marital status of applicants from Yarmouth, Nova Scotia using the mortgage application found at canequity.com. Approximately 64% of the mortgage applicants are living with someone, while only 36% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.0% | |
| Single: | 24.0% | |
| Common-law: | 18.0% | |
| Separated: | 8.0% | |
| Divorced: | 4.0% |
