Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.89% | 0.01% |
| 2010: | 15.79% | 0.01% |
| 2009: | 23.68% | 0.02% |
| 2008: | 10.53% | 0.01% |
| 2006: | 18.42% | 0.01% |
| 2005: | 7.89% | 0.01% |
| 2004: | 15.79% | 0.01% |
The bar graph below displays the busy days for online inquiries that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Quebec City the busiest day, with 28.95% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 2.63% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 28.9% | |
| 2: | Friday: | 23.7% | |
| 3: | Monday: | 18.4% | |
| 4: | Wednesday: | 10.5% | |
| 5: | Thursday: | 7.9% | |
| 6: | Sunday: | 7.9% | |
| 7: | Saturday: | 2.6% |
Inquiries are received 24 hours a day via the CanEquity web site. The information shown below indicates the peak hours in the day. The data is taken from all days of all years. Only 36.8% of all mortgages are received during the morning, while 63.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 2.6% |
| 08:00 to 08:59: | 13.2% |
| 09:00 to 09:59: | 2.6% |
| 10:00 to 10:59: | 7.9% |
| 11:00 to 11:59: | 10.5% |
| 12:00 to 12:59: | 13.2% |
| 13:00 to 13:59: | 5.3% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 7.9% |
| 17:00 to 17:59: | 5.3% |
| 18:00 to 18:59: | 7.9% |
| 19:00 to 19:59: | 7.9% |
| 20:00 to 20:59: | 5.3% |
| 21:00 to 21:59: | 5.3% |
| 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 | |
|---|---|---|
| 003: | LAVAL, QC | 0.198% |
| 004: | DOLLARD-DES-ORMEAUX, QC | 0.117% |
| 005: | BROSSARD, QC | 0.102% |
| 006: | PIERREFONDS, QC | 0.102% |
| 007: | LASALLE, QC | 0.096% |
| 008: | QUEBEC CITY, QC | 0.072% |
| 009: | SAINT-LAURENT, QC | 0.070% |
| 010: | LONGUEUIL, QC | 0.062% |
| 011: | POINTE-CLAIRE, QC | 0.059% |
| 012: | VERDUN, QC | 0.053% |
| 013: | SHERBROOKE, QC | 0.049% |
| 1 | L'Ancienne-Lorette, Quebec |
| 2 | Val-Belair, Quebec |
| 3 | Saint-Nicolas, Quebec |
| 4 | Levis, Quebec |
| 5 | Beauport, Quebec |
| 6 | Courcelette, Quebec |
| 7 | Isle D'Orlean, Quebec |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.7% | |
| Pre-approval: | 23.7% | |
| No Money Down: | 13.2% | |
| Renewal: | 10.5% | |
| Refinance: | 10.5% | |
| Purchase: | 7.9% | |
| First-time Buyer: | 7.9% | |
| Commercial: | 2.6% | |
| Total Application Types Found: 8 | ||
Average age: 39
Oldest age: 83
Youngest age: 23
The following depicts the average income of Canadians living in Quebec City who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Quebec City: | $66,300.44 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $6,801.98 |
| mortgage co-applicants in Quebec City: | $66,656.93 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $24,253.80 |
The following depicts the residential status of people living in Quebec City who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 52.6% | |
| Own: | 44.7% | |
| Live with parents: | 2.6% |
The following information represents the marital status of applicants from Quebec City, Quebec using the preapproval application located at canequity.com. 65% of the mortgage applicants are either married or living common-law, while only 31% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 36.8% | |
| Common-law: | 28.9% | |
| Single: | 26.3% | |
| Divorced: | 5.3% | |
| Widowed: | 2.6% |
