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Life InsuranceVariable closed: 2.60% 1 year closed: 2.74% 3 year closed: 2.59% 5 year closed: 3.04% 10 year special: 3.58% 
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Peak Hours for Mortgage Applicants within Summerside
Applications are received 24 hours a day via the CanEquity web site. The statistics shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 0.0% of all mortgages are received during the morning, while 36.4% arrive in the afternoon.
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| 12AM | 00:00 to 00:59: | 0% |
| 1AM | 01:00 to 01:59: | 0% |
| 2AM | 02:00 to 02:59: | 0% |
| 3AM | 03:00 to 03:59: | 0% |
| 4AM | 04:00 to 04:59: | 0% |
| 5AM | 05:00 to 05:59: | 4.5% |
| 6AM | 06:00 to 06:59: | 9.1% |
| 7AM | 07:00 to 07:59: | 9.1% |
| 8AM | 08:00 to 08:59: | 9.1% |
| 9AM | 09:00 to 09:59: | 9.1% |
| 10AM | 10:00 to 10:59: | 4.5% |
| 11AM | 11:00 to 11:59: | 4.5% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 4.5% |
| 1PM | 13:00 to 13:59: | 9.1% |
| 2PM | 14:00 to 14:59: | 0% |
| 3PM | 15:00 to 15:59: | 4.5% |
| 4PM | 16:00 to 16:59: | 4.5% |
| 5PM | 17:00 to 17:59: | 4.5% |
| 6PM | 18:00 to 18:59: | 13.6% |
| 7PM | 19:00 to 19:59: | 0% |
| 8PM | 20:00 to 20:59: | 4.5% |
| 9PM | 21:00 to 21:59: | 0% |
| 10PM | 22:00 to 22:59: | 0% |
| 11PM | 23:00 to 23:59: | 4.5% |
Prince Edward Island Mortgage Originations Compared to all other Provinces
| Online Mortgage Origination for the Province of | Percentage of Applications |
|---|---|
| Alberta: | 20.70% |
| British Columbia: | 10.42% |
| Manitoba: | 1.98% |
| New Brunswick: | 2.52% |
| Newfoundland and Labrador: | 1.29% |
| Nova Scotia: | 3.32% |
| Northwest Territories: | 0.47% |
| Nunavut: | 0.10% |
| Ontario: | 47.82% |
| Prince Edward Island: | 0.51% |
| Quebec: | 3.96% |
| Saskatchewan: | 5.00% |
| Yukon: | 0.48% |
Current City Standing within Prince Edward Island
| Rank | Location | Contribution |
|---|---|---|
| 1: | CHARLOTTETOWN, PE | 0.195% |
| 2: | SUMMERSIDE, PE | 0.039% |
| 3: | STRATFORD, PE | 0.036% |
| 4: | CORNWALL, PE | 0.032% |
| 5: | MONTAGUE, PE | 0.023% |
| 6: | SOURIS, PE | 0.020% |
| 7: | O'LEARY, PE | 0.018% |
Nearest Settlements
| 1 | Ellerslie, Prince Edward Island |
| 2 | Miscouche, Prince Edward Island |
| 3 | Kinkora, Prince Edward Island |
| 4 | Kensington, Prince Edward Island |
| 5 | Cornwall, Prince Edward Island |
| 6 | New London, Prince Edward Island |
| 7 | O'Leary, Prince Edward Island |
| 8 | Charlottetown, Prince Edward Island |
| 9 | York, Prince Edward Island |
| 10 | Tignish, Prince Edward Island |
| 11 | Stratford, Prince Edward Island |
Age Demographics for Summerside Based Mortgages
Average age: 38
Oldest age: 64
Youngest age: 21
Incomes for Summerside Based Mortgages
The following depicts the average income of Canadians living in Summerside who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Summerside: | $41,400.00 |
| applicants within all of Canada: | $60,503.19 |
| Difference: | ($19,103.19) |
| mortgage co-applicants in Summerside: | $34,642.86 |
| co-applicants within all of Canada: | $43,699.18 |
| Difference: | ($9,056.33) |
Note: Commercial loans were not included for this section, only residential mortgages were used.
Current Canadian Rates
For the best rate information in Canada, make use of our up to date interest rate comparison chart. Our brokers are not even remotely afraid of advertising our competitor's rates because we know how we stack up. We know the best mortgage rates are available through CanEquity.
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in St Catharines.
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 21.97% | |
| First-time Home Buyer | 19.34% | |
| No Money Down discontinued | 16.72% | |
| Mortgage Renewal | 12.46% | |
| New Purchase | 10.82% | |
| Refinance/Consolidate Debt | 9.84% | |
| Other | 8.87% |
Did you know? The average home loan in Etobicoke is:
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