Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 45,000 to 65,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2010 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison | ** National Contribution |
|---|---|---|
| 2012: | * 8.90% | * 0.04% |
| 2011: | 30.09% | 0.13% |
| 2010: | 18.22% | 0.08% |
| 2009: | 12.71% | 0.05% |
| 2008: | 8.05% | 0.03% |
| 2007: | 4.24% | 0.02% |
| 2006: | 5.09% | 0.02% |
| 2005: | 3.81% | 0.02% |
| 2004: | 6.36% | 0.03% |
| 2003: | 0.85% | 0.00% |
| 2002: | 1.69% | 0.01% |
The bar graph below illustrates the individual monthly volume history for Internet mortgage pre-approval applications submitted from Yukon Territories.
This bar graph depicts the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our second quarter (represented by the green bars) with 33.05% while our slowest is the fourth quarter (represented by the red bars) with 17.37%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 12.3% | |
| 2: | June: | 12.3% | |
| 3: | January: | 11.4% | |
| 4: | August: | 9.8% | |
| 5: | May: | 8.5% | |
| 6: | February: | 7.6% | |
| 7: | July: | 7.6% | |
| 8: | March: | 7.6% | |
| 9: | November: | 5.9% | |
| 10: | October: | 5.9% | |
| 11: | December: | 5.5% | |
| 12: | September: | 5.5% |
The bar graph below shows the busy days for mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Yukon Territories, the day with the most volume, generating 19.49% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 9.32% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.5% | |
| 2: | Wednesday: | 18.2% | |
| 3: | Tuesday: | 15.7% | |
| 4: | Thursday: | 13.6% | |
| 5: | Saturday: | 12.3% | |
| 6: | Sunday: | 11.4% | |
| 7: | Friday: | 9.3% |
Inquiries are received 24 hours a day from the CanEquity web site. The graph shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 18.2% of all mortgages are received before noon, while 75.4% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 3.0% |
| 01:00 to 01:59: | 2.5% |
| 02:00 to 02:59: | 0.4% |
| 04:00 to 04:59: | 0.4% |
| 05:00 to 05:59: | 0.4% |
| 06:00 to 06:59: | 0.8% |
| 07:00 to 07:59: | 0.8% |
| 08:00 to 08:59: | 1.3% |
| 09:00 to 09:59: | 3.0% |
| 10:00 to 10:59: | 6.8% |
| 11:00 to 11:59: | 5.1% |
| 12:00 to 12:59: | 5.5% |
| 13:00 to 13:59: | 6.4% |
| 14:00 to 14:59: | 6.8% |
| 15:00 to 15:59: | 6.8% |
| 16:00 to 16:59: | 7.2% |
| 17:00 to 17:59: | 7.6% |
| 18:00 to 18:59: | 6.8% |
| 19:00 to 19:59: | 5.1% |
| 20:00 to 20:59: | 4.7% |
| 21:00 to 21:59: | 6.4% |
| 22:00 to 22:59: | 4.7% |
| 23:00 to 23:59: | 7.6% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 4893.2% |
| British Columbia: | 2467.8% |
| Manitoba: | 479.2% |
| New Brunswick: | 570.8% |
| Newfoundland and Labrador: | 297.9% |
| Nova Scotia: | 771.2% |
| Northwest Territories: | 97.5% |
| Nunavut: | 22.5% |
| Ontario: | 11175.4% |
| Prince Edward Island: | 121.6% |
| Quebec: | 922.0% |
| Saskatchewan: | 1147.0% |
| Yukon Territories: | 100.0% |
| City or Town within the province of Yukon Territories | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Home Loan | |
|---|---|---|---|---|---|---|
| 001: | WHITEHORSE, YT | 81.780% | 38 | $62,091.95 | $46,219.29 | $248,973.67 |
| 002: | DAWSON, YT | 5.508% | 36 | $45,884.17 | $44,000.00 | $123,400.00 |
| 003: | HAINES JUNCTION, YT | 4.237% | 37 | $57,826.30 | $58,057.14 | $212,687.50 |
| 004: | MAYO, YT | 2.966% | 33 | $50,840.00 | $26,000.00 | $133,166.67 |
| 005: | MARSH LAKE, YT | 2.542% | 37 | $53,000.00 | $50,000.00 | $227,702.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Purchase: | 27.1% | |
| Qualification: | 26.3% | |
| First-time Buyer: | 14.8% | |
| No Money Down: | 11.9% | |
| Renewal: | 6.8% | |
| Refinance: | 4.2% | |
| Pre-approval: | 2.5% | |
| Commercial: | 2.1% | |
| Equity Mortgage: | 1.7% | |
| Other: | 2.4% | |
| Total Application Types Found: 13 | ||
Average age: 38
Oldest age: 73
Youngest age: 20
The information below represents the average income of applicants living in Yukon Territories who have applied for a home loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Yukon Territories: | $60,411.98 |
| applicants within all of Canada: | $59,709.04 |
| Difference: | $702.94 |
| mortgage co-applicants in Yukon Territories: | $46,569.65 |
| co-applicants within all of Canada: | $42,699.57 |
| Difference: | $3,870.08 |
The following depicts the residential status of people living in Yukon Territories who have applied for a mortgage using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 58.9% | |
| Own: | 32.2% | |
| Other: | 4.2% | |
| No Comment: | 0.8% | |
| Live with parents: | 3.8% |
The pie chart below represents the marital status of applicants from Yukon Territories using the preapproval application found at canequity.com. Over 61% of the mortgage applicants are living common-law or married, while only 37% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 33.5% | |
| Single: | 30.5% | |
| Common-law: | 27.5% | |
| Divorced: | 4.2% | |
| Separated: | 3.0% | |
| Widowed: | 1.3% |
