Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.70% | 0.00% |
| 2010: | 8.70% | 0.00% |
| 2009: | 4.35% | 0.00% |
| 2008: | 17.39% | 0.01% |
| 2007: | 8.70% | 0.00% |
| 2006: | 30.43% | 0.01% |
| 2005: | 4.35% | 0.00% |
| 2004: | 4.35% | 0.00% |
| 2003: | 13.04% | 0.01% |
In Melville, applications are received 24 hours a day via the CanEquity web site. The report shown below represents the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 08:00 to 08:59: | 4.3% |
| 11:00 to 11:59: | 13.0% |
| 12:00 to 12:59: | 13.0% |
| 13:00 to 13:59: | 13.0% |
| 14:00 to 14:59: | 4.3% |
| 16:00 to 16:59: | 4.3% |
| 18:00 to 18:59: | 8.7% |
| 20:00 to 20:59: | 13.0% |
| 21:00 to 21:59: | 13.0% |
| 22:00 to 22:59: | 4.3% |
| 23:00 to 23:59: | 8.7% |
| 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 | |
|---|---|---|
| 006: | WEYBURN, SK | 0.085% |
| 007: | ESTEVAN, SK | 0.085% |
| 008: | YORKTON, SK | 0.076% |
| 009: | NORTH BATTLEFORD, SK | 0.072% |
| 010: | SWIFT CURRENT, SK | 0.047% |
| 011: | MELVILLE, SK | 0.043% |
| 012: | NIPAWIN, SK | 0.032% |
| 013: | LUMSDEN, SK | 0.032% |
| 014: | MARTENSVILLE, SK | 0.030% |
| 015: | LA RONGE, SK | 0.028% |
| 016: | BALGONIE, SK | 0.026% |
| 1 | Balcarres, Saskatchewan |
| 2 | Fort Qu'Appelle, Saskatchewan |
| 3 | Lipton, Saskatchewan |
| 4 | Yorkton, Saskatchewan |
| 5 | Indian Head, Saskatchewan |
| 6 | Qu'Appelle, Saskatchewan |
| 7 | Edenwold, Saskatchewan |
| 8 | Wolseley, Saskatchewan |
| 9 | Balgonie, Saskatchewan |
| 10 | Bredenbury, Saskatchewan |
| 11 | Pilot Butte, Saskatchewan |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 26.1% | |
| Qualification: | 21.7% | |
| No Money Down: | 21.7% | |
| First-time Buyer: | 21.7% | |
| Purchase: | 4.3% | |
| Investment: | 4.3% | |
| Total Application Types Found: 6 | ||
Average age: 35
Oldest age: 50
Youngest age: 19
The numbers below represent the average income of people living in Melville who have applied for a mortgage loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Melville: | $59,995.45 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $496.99 |
| mortgage co-applicants in Melville: | $22,750.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($19,653.13) |
The information below represents the residential status of people living in Melville who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 30.4% | |
| Own: | 60.9% | |
| Other: | 4.3% | |
| Live with parents: | 4.3% |
The following pie chart represents the marital status of applicants from Melville, Saskatchewan using the mortgage application found on canequity.com. In Melville, over 56% of the mortgage applicants are living with someone, while only 43% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 34.8% | |
| Married: | 30.4% | |
| Common-law: | 26.1% | |
| Separated: | 8.7% |
