Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.59% | 0.09% |
| 2010: | 13.60% | 0.10% |
| 2009: | 15.11% | 0.11% |
| 2008: | 10.58% | 0.08% |
| 2007: | 18.14% | 0.14% |
| 2006: | 11.84% | 0.09% |
| 2005: | 6.30% | 0.05% |
| 2004: | 4.03% | 0.03% |
| 2003: | 4.28% | 0.03% |
| 2002: | 4.53% | 0.03% |
The graph below illustrates the individual monthly volume history for Internet applications originating from Saskatoon, SK.
This bar graph represents the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Saskatoon occur during our second quarter (represented by the green bars) with 31.49% while our slowest is the fourth quarter (represented by the red bars) with 16.88%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 12.6% | |
| 2: | April: | 11.6% | |
| 3: | July: | 10.8% | |
| 4: | June: | 10.1% | |
| 5: | May: | 9.8% | |
| 6: | January: | 7.8% | |
| 7: | October: | 7.0% | |
| 8: | September: | 7.0% | |
| 9: | February: | 6.8% | |
| 10: | August: | 6.5% | |
| 11: | November: | 6.3% | |
| 12: | December: | 3.5% |
The information listed below plots the busy days for Internet mortgage applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Saskatoon, the day with the most volume, having more than 18.14% of all applications, is Wednesday. In comparison, Friday's are the slowest day with only 9.57% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 18.1% | |
| 2: | Monday: | 17.1% | |
| 3: | Tuesday: | 15.9% | |
| 4: | Thursday: | 14.1% | |
| 5: | Sunday: | 13.4% | |
| 6: | Saturday: | 11.8% | |
| 7: | Friday: | 9.6% |
Inquiries are received 24 hours a day via the CanEquity web site. The information shown below represents the busy 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: | 2.8% |
| 01:00 to 01:59: | 1.0% |
| 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: | 0.5% |
| 07:00 to 07:59: | 2.8% |
| 08:00 to 08:59: | 3.3% |
| 09:00 to 09:59: | 4.8% |
| 10:00 to 10:59: | 7.3% |
| 11:00 to 11:59: | 5.8% |
| 12:00 to 12:59: | 7.1% |
| 13:00 to 13:59: | 8.3% |
| 14:00 to 14:59: | 5.3% |
| 15:00 to 15:59: | 7.1% |
| 16:00 to 16:59: | 4.0% |
| 17:00 to 17:59: | 8.6% |
| 18:00 to 18:59: | 4.5% |
| 19:00 to 19:59: | 5.3% |
| 20:00 to 20:59: | 7.3% |
| 21:00 to 21:59: | 5.5% |
| 22:00 to 22:59: | 4.8% |
| 23:00 to 23:59: | 3.0% |
| 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% |
| 1 | Martensville, Saskatchewan |
| 2 | Warman, Saskatchewan |
| 3 | Vonda, Saskatchewan |
| 4 | Dalmeny, Saskatchewan |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 22.4% | |
| No Money Down: | 20.2% | |
| First-time Buyer: | 19.9% | |
| Purchase: | 10.6% | |
| Renewal: | 9.6% | |
| Refinance: | 7.8% | |
| Variable Rate: | 3.0% | |
| Commercial: | 1.5% | |
| Pre-approval: | 1.0% | |
| Second Mortgage: | 1.0% | |
| Equity Mortgage: | 1.0% | |
| Investment: | 1.0% | |
| Other: | 1.1% | |
| Total Application Types Found: 15 | ||
Average age: 37
Oldest age: 87
Youngest age: 19
The amounts shown below represent the average income of people living in Saskatoon who have applied for a home loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Saskatoon: | $53,790.14 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($5,708.33) |
| mortgage co-applicants in Saskatoon: | $40,328.28 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,074.85) |
The following depicts the residential status of people living in Saskatoon who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 57.7% | |
| Own: | 34.5% | |
| Other: | 1.5% | |
| No Comment: | 3.3% | |
| Live with parents: | 3.0% |
The following pie chart represents the marital status of applicants from Saskatoon, Saskatchewan using the mortgage application found on canequity.com. Approximately 58% of the mortgage applicants are living common-law or married, while only 41% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.8% | |
| Single: | 35.5% | |
| Common-law: | 15.4% | |
| Separated: | 3.5% | |
| Divorced: | 2.8% |
