Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.69% | 0.00% |
| 2010: | 19.23% | 0.01% |
| 2009: | 30.77% | 0.01% |
| 2008: | 15.39% | 0.01% |
| 2007: | 11.54% | 0.01% |
| 2005: | 7.69% | 0.00% |
| 2004: | 7.69% | 0.00% |
The graph below shows the busy days for online inquiries that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Sherbrooke the busiest day, with approximately 19.23% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 7.69% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 19.2% | |
| 2: | Thursday: | 19.2% | |
| 3: | Tuesday: | 15.4% | |
| 4: | Saturday: | 15.4% | |
| 5: | Monday: | 11.5% | |
| 6: | Friday: | 11.5% | |
| 7: | Sunday: | 7.7% |
Sherbrooke mortgage applications are received 24 hours a day via the CanEquity web site. The information shown below represents the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 3.8% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 7.7% |
| 11:00 to 11:59: | 7.7% |
| 12:00 to 12:59: | 3.8% |
| 13:00 to 13:59: | 15.4% |
| 14:00 to 14:59: | 3.8% |
| 15:00 to 15:59: | 15.4% |
| 16:00 to 16:59: | 7.7% |
| 17:00 to 17:59: | 11.5% |
| 18:00 to 18:59: | 7.7% |
| 19:00 to 19:59: | 3.8% |
| 21:00 to 21:59: | 3.8% |
| 22:00 to 22:59: | 3.8% |
| 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 | |
|---|---|---|
| 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% |
| 014: | CHATEAUGUAY, QC | 0.045% |
| 015: | SAINT-LEONARD, QC | 0.043% |
| 016: | LACHINE, QC | 0.038% |
| 017: | KIRKLAND, QC | 0.036% |
| 018: | AYLMER, QC | 0.034% |
| 1 | Cookshire, Quebec |
| 2 | Windsor, Quebec |
| 3 | North Hatley, Quebec |
| 4 | Vaudreuil, Quebec |
| 5 | Carignan, Quebec |
| 6 | Vaudreuil-Dorion, Quebec |
| 7 | Saint-Basile-Le-Grand, Quebec |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 19.2% | |
| No Money Down: | 19.2% | |
| Pre-approval: | 19.2% | |
| First-time Buyer: | 19.2% | |
| Renewal: | 7.7% | |
| Refinance: | 7.7% | |
| Fixed Rate: | 3.8% | |
| Equity Mortgage: | 3.8% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 58
Youngest age: 23
The information below represents the average income of applicants living in Sherbrooke 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 Sherbrooke: | $54,323.48 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($5,174.99) |
| mortgage co-applicants in Sherbrooke: | $27,601.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($14,802.13) |
The chart and pie-graph below depicts the residential status of people living in Sherbrooke who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 57.7% | |
| Own: | 42.3% |
The pie chart below represents the marital status of applicants from Sherbrooke, Quebec using the mortgage application found on canequity.com. In Sherbrooke, approximately 69% of the mortgage applicants are either married or living common-law, while only 30% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.2% | |
| Single: | 26.9% | |
| Common-law: | 23.1% | |
| Divorced: | 3.8% |
