Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 18.00% | 0.03% |
| 2010: | 17.00% | 0.03% |
| 2009: | 12.00% | 0.02% |
| 2008: | 14.00% | 0.03% |
| 2007: | 14.00% | 0.03% |
| 2006: | 16.00% | 0.03% |
| 2005: | 2.00% | 0.00% |
| 2003: | 6.00% | 0.01% |
| 2002: | 1.00% | 0.00% |
This bar graph represents the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Prince Albert occur during our second quarter (represented by the green bars) with 29.00% while our slowest is the fourth quarter (represented by the red bars) with 19.00%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | June: | 14.0% | |
| 2: | March: | 12.0% | |
| 3: | September: | 11.0% | |
| 4: | July: | 10.0% | |
| 5: | February: | 9.0% | |
| 6: | November: | 8.0% | |
| 7: | May: | 8.0% | |
| 8: | April: | 7.0% | |
| 9: | August: | 7.0% | |
| 10: | October: | 6.0% | |
| 11: | December: | 5.0% | |
| 12: | January: | 3.0% |
The graph listed below plots the busy days for mortgage inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Prince Albert the busiest day, with approximately 21.00% of all applications, is Wednesday. In comparison, Saturday's are the slowest day with only 5.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 21.0% | |
| 2: | Friday: | 19.0% | |
| 3: | Monday: | 18.0% | |
| 4: | Tuesday: | 13.0% | |
| 5: | Thursday: | 12.0% | |
| 6: | Sunday: | 12.0% | |
| 7: | Saturday: | 5.0% |
Applications are received 24 hours a day on the CanEquity web site. The information shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years. Only 27.0% of all mortgages are received before noon, while 64.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.0% |
| 01:00 to 01:59: | 3.0% |
| 02:00 to 02:59: | 2.0% |
| 03:00 to 03:59: | 1.0% |
| 04:00 to 04:59: | 1.0% |
| 06:00 to 06:59: | 1.0% |
| 07:00 to 07:59: | 3.0% |
| 08:00 to 08:59: | 4.0% |
| 09:00 to 09:59: | 6.0% |
| 10:00 to 10:59: | 9.0% |
| 11:00 to 11:59: | 4.0% |
| 12:00 to 12:59: | 3.0% |
| 13:00 to 13:59: | 9.0% |
| 14:00 to 14:59: | 6.0% |
| 15:00 to 15:59: | 11.0% |
| 16:00 to 16:59: | 6.0% |
| 17:00 to 17:59: | 3.0% |
| 18:00 to 18:59: | 5.0% |
| 19:00 to 19:59: | 4.0% |
| 20:00 to 20:59: | 7.0% |
| 21:00 to 21:59: | 8.0% |
| 22:00 to 22:59: | 1.0% |
| 23:00 to 23:59: | 1.0% |
| 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 | |
|---|---|---|
| 001: | REGINA, SK | 1.782% |
| 002: | SASKATOON, SK | 0.749% |
| 003: | MOOSE JAW, SK | 0.266% |
| 004: | PRINCE ALBERT, SK | 0.189% |
| 005: | LLOYDMINSTER, SK | 0.123% |
| 006: | WEYBURN, SK | 0.085% |
| 007: | ESTEVAN, SK | 0.085% |
| 008: | YORKTON, SK | 0.076% |
| 009: | NORTH BATTLEFORD, SK | 0.072% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.0% | |
| First-time Buyer: | 24.0% | |
| No Money Down: | 19.0% | |
| Refinance: | 10.0% | |
| Purchase: | 10.0% | |
| Pre-approval: | 4.0% | |
| Renewal: | 4.0% | |
| Commercial: | 2.0% | |
| Equity Mortgage: | 1.0% | |
| HELOC: | 1.0% | |
| Variable Rate: | 1.0% | |
| Total Application Types Found: 11 | ||
Average age: 35
Oldest age: 62
Youngest age: 19
The numbers below represent the average income of Canadians living in Prince Albert who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Prince Albert: | $44,870.43 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($14,628.03) |
| mortgage co-applicants in Prince Albert: | $39,565.21 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,837.92) |
The chart and pie-graph below depicts the residential status of people living in Prince Albert who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 66.0% | |
| Own: | 28.0% | |
| Other: | 1.0% | |
| No Comment: | 1.0% | |
| Live with parents: | 4.0% |
The information below shows the marital status of applicants from Prince Albert, Saskatchewan using the online mortgage application located at the CanEquity web site. Approximately 52% of the mortgage applicants are living common-law or married, while only 47% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 37.0% | |
| Married: | 37.0% | |
| Common-law: | 15.0% | |
| Separated: | 7.0% | |
| Divorced: | 3.0% | |
| Widowed: | 1.0% |
