Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 17.65% | 0.01% |
| 2010: | 23.53% | 0.01% |
| 2009: | 5.88% | 0.00% |
| 2008: | 17.65% | 0.01% |
| 2007: | 5.88% | 0.00% |
| 2006: | 5.88% | 0.00% |
| 2005: | 5.88% | 0.00% |
| 2004: | 5.88% | 0.00% |
| 2003: | 11.77% | 0.00% |
| 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: | CHARLOTTETOWN, PE | 0.193% |
| 002: | SUMMERSIDE, PE | 0.047% |
| 003: | CORNWALL, PE | 0.034% |
| 004: | STRATFORD, PE | 0.032% |
| 005: | SOURIS, PE | 0.023% |
| 006: | MONTAGUE, PE | 0.021% |
| 007: | O'LEARY, PE | 0.019% |
| 008: | KENSINGTON, PE | 0.015% |
| 009: | KINKORA, PE | 0.013% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 35.3% | |
| Refinance: | 29.4% | |
| Equity Mortgage: | 11.8% | |
| Renewal: | 5.9% | |
| Purchase: | 5.9% | |
| Low Doc: | 5.9% | |
| No Money Down: | 5.9% | |
| Total Application Types Found: 7 | ||
Average age: 38
Oldest age: 63
Youngest age: 28
The following figures show the average income of applicants living in Stratford who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Stratford: | $47,031.25 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($12,467.22) |
| mortgage co-applicants in Stratford: | $60,300.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $17,896.87 |
The following table represents the residential status of people living in Stratford 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: | 47.1% | |
| Own: | 47.1% | |
| Other: | 5.9% |
The information below shows the marital status of applicants from Stratford, Prince Edward Island using the preapproval application found on the CanEquity Mortgage web site. 88% of the mortgage applicants are either married or living common-law, while only 11% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 76.5% | |
| Common-law: | 11.8% | |
| Single: | 11.8% |
