Saskatoon Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.88% | * 0.03% |
| 2009: | 19.42% | 0.14% |
| 2008: | 13.59% | 0.10% |
| 2007: | 23.30% | 0.17% |
| 2006: | 15.21% | 0.11% |
| 2005: | 8.09% | 0.06% |
| 2004: | 5.18% | 0.04% |
| 2003: | 5.50% | 0.04% |
| 2002: | 5.83% | 0.04% |
The bar graph below represents the individual monthly volume history for Internet pre-approval applications from Saskatoon, SK.
The bar graph below displays the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Saskatoon mostly occur during our second quarter (represented by the green bars) with 31.72% while our slowest is the fourth quarter (represented by the red bars) with 13.92%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 12.9% | |
| 2: | April: | 12.3% | |
| 3: | July: | 11.0% | |
| 4: | May: | 10.0% | |
| 5: | January: | 9.4% | |
| 6: | June: | 9.4% | |
| 7: | September: | 7.8% | |
| 8: | February: | 7.4% | |
| 9: | October: | 6.5% | |
| 10: | August: | 5.8% | |
| 11: | November: | 4.5% | |
| 12: | December: | 2.9% |
The graph listed below plots the busy days for online inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Saskatoon the most busy day of the week, with 17.80% of all submissions, is Wednesday. In comparison, Friday's are the slowest day with only 9.06% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 17.8% | |
| 2: | Monday: | 17.5% | |
| 3: | Thursday: | 15.9% | |
| 4: | Tuesday: | 15.5% | |
| 5: | Sunday: | 12.3% | |
| 6: | Saturday: | 12.0% | |
| 7: | Friday: | 9.1% |
In Saskatoon, applications are received 24 hours a day via our web site. The graph shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.3% |
| 01:00 to 01:59: | 0.6% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.3% |
| 05:00 to 05:59: | 0.3% |
| 06:00 to 06:59: | 0.6% |
| 07:00 to 07:59: | 3.2% |
| 08:00 to 08:59: | 3.6% |
| 09:00 to 09:59: | 4.5% |
| 10:00 to 10:59: | 6.5% |
| 11:00 to 11:59: | 5.2% |
| 12:00 to 12:59: | 8.1% |
| 13:00 to 13:59: | 8.1% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 6.8% |
| 16:00 to 16:59: | 3.9% |
| 17:00 to 17:59: | 8.4% |
| 18:00 to 18:59: | 4.2% |
| 19:00 to 19:59: | 5.2% |
| 20:00 to 20:59: | 7.1% |
| 21:00 to 21:59: | 5.2% |
| 22:00 to 22:59: | 5.2% |
| 23:00 to 23:59: | 3.6% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 001: | REGINA, SK | 2.012% |
| 002: | SASKATOON, SK | 0.725% |
| 003: | MOOSE JAW, SK | 0.303% |
| 004: | PRINCE ALBERT, SK | 0.164% |
| 005: | LLOYDMINSTER, SK | 0.106% |
| 006: | YORKTON, SK | 0.085% |
| 007: | WEYBURN, SK | 0.085% |
| 1 | Martensville, Saskatchewan |
| 2 | Warman, Saskatchewan |
| 3 | Vonda, Saskatchewan |
| 4 | Dalmeny, Saskatchewan |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.2% | |
| First-time Buyer: | 22.3% | |
| No Money Down: | 19.1% | |
| Renewal: | 9.7% | |
| Refinance: | 7.8% | |
| Purchase: | 5.5% | |
| Variable Rate: | 3.6% | |
| Second Mortgage: | 1.3% | |
| Equity Mortgage: | 1.3% | |
| Investment: | 1.3% | |
| Pre-approval: | 1.0% | |
| Other: | 1.8% | |
| Total Application Types Found: 15 | ||
Average age: 36
Oldest age: 87
Youngest age: 19
The amounts shown below represent the average income of Canadians living in Saskatoon who have applied for a home loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Saskatoon: | $51,488.84 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($7,093.54) |
| mortgage co-applicants in Saskatoon: | $40,411.59 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($814.23) |
The table and pie chart below represents the residential status of people living in Saskatoon who have applied for a loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 57.3% | |
| Own: | 36.6% | |
| Other: | 1.0% | |
| No Comment: | 3.6% | |
| Live with parents: | 1.6% |
The following table and pie chart represents the marital status of applicants from Saskatoon, Saskatchewan using the mortgage preapproval application found on canequity.com. Over 59% of the mortgage applicants are either married or living common-law, while only 40% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.1% | |
| Single: | 33.7% | |
| Common-law: | 17.8% | |
| Separated: | 3.6% | |
| Divorced: | 2.9% |
