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 |
|---|---|---|
| 2010: | * 8.85% | * 0.19% |
| 2009: | 17.07% | 0.36% |
| 2008: | 11.28% | 0.24% |
| 2007: | 10.85% | 0.23% |
| 2006: | 15.70% | 0.33% |
| 2005: | 10.12% | 0.21% |
| 2004: | 7.17% | 0.15% |
| 2003: | 10.22% | 0.22% |
| 2002: | 8.75% | 0.19% |
This bar graph represents the individual monthly volume history for Internet applications originating from Manitoba.
The bar graph below displays the volumes of mortgage 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 34.67% while our slowest is the fourth quarter (represented by the red bars) with 16.02%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 13.8% | |
| 2: | May: | 12.2% | |
| 3: | March: | 10.9% | |
| 4: | July: | 8.8% | |
| 5: | June: | 8.6% | |
| 6: | January: | 8.4% | |
| 7: | February: | 8.2% | |
| 8: | August: | 8.1% | |
| 9: | October: | 6.6% | |
| 10: | November: | 5.2% | |
| 11: | September: | 5.0% | |
| 12: | December: | 4.2% |
The graph below plots the busy days for online applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Manitoba the most busy day of the week, with 18.65% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 10.43% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 18.6% | |
| 2: | Tuesday: | 17.5% | |
| 3: | Thursday: | 15.4% | |
| 4: | Wednesday: | 14.2% | |
| 5: | Friday: | 12.6% | |
| 6: | Sunday: | 11.2% | |
| 7: | Saturday: | 10.4% |
In Manitoba, mortgage applications are received 24 hours a day from our web site. The time periods 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: | 1.4% |
| 01:00 to 01:59: | 0.7% |
| 02:00 to 02:59: | 0.5% |
| 03:00 to 03:59: | 0.4% |
| 04:00 to 04:59: | 0.7% |
| 05:00 to 05:59: | 0.7% |
| 06:00 to 06:59: | 1.6% |
| 07:00 to 07:59: | 3.0% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 5.8% |
| 10:00 to 10:59: | 7.6% |
| 11:00 to 11:59: | 6.4% |
| 12:00 to 12:59: | 8.2% |
| 13:00 to 13:59: | 6.4% |
| 14:00 to 14:59: | 8.2% |
| 15:00 to 15:59: | 6.6% |
| 16:00 to 16:59: | 4.6% |
| 17:00 to 17:59: | 5.4% |
| 18:00 to 18:59: | 4.7% |
| 19:00 to 19:59: | 5.3% |
| 20:00 to 20:59: | 7.1% |
| 21:00 to 21:59: | 5.4% |
| 22:00 to 22:59: | 3.6% |
| 23:00 to 23:59: | 1.8% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 1002.8% |
| British Columbia: | 511.4% |
| Manitoba: | 100.0% |
| New Brunswick: | 102.1% |
| Newfoundland and Labrador: | 54.6% |
| Nova Scotia: | 141.1% |
| Northwest Territories: | 15.1% |
| Nunavut: | 4.3% |
| Ontario: | 2302.7% |
| Prince Edward Island: | 21.6% |
| Quebec: | 195.2% |
| Saskatchewan: | 238.6% |
| Yukon Territories: | 13.1% |
| City or Town within the province of Manitoba | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Loan | |
|---|---|---|---|---|---|---|
| 001: | WINNIPEG, MB | 54.478% | 36 | $50,741.58 | $36,023.18 | $134,805.68 |
| 002: | BRANDON, MB | 7.165% | 35 | $50,790.18 | $36,553.95 | $147,502.08 |
| 003: | THOMPSON, MB | 2.845% | 37 | $78,448.81 | $36,457.33 | $160,598.76 |
| 004: | PORTAGE LA PRAIRIE, MB | 2.107% | 36 | $41,685.00 | $30,821.60 | $78,517.65 |
| 005: | SHILO, MB | 1.686% | 34 | $54,376.67 | $30,137.60 | $179,520.00 |
| 006: | THE PAS, MB | 1.686% | 37 | $52,144.13 | $51,525.00 | $111,857.14 |
| 007: | STEINBACH, MB | 1.475% | 33 | $67,407.14 | $22,750.00 | $114,450.00 |
| 008: | SELKIRK, MB | 1.475% | 42 | $40,842.92 | $31,361.33 | $108,319.33 |
| 009: | MORDEN, MB | 1.054% | 34 | $41,116.67 | $12,400.00 | $81,417.75 |
| 010: | DAUPHIN, MB | 0.843% | 35 | $55,428.57 | $46,000.00 | $147,357.14 |
| 011: | FLIN FLON, MB | 0.843% | 42 | $50,885.71 | $56,000.00 | $198,333.33 |
| 012: | ST ADOLPHE, MB | 0.843% | 37 | $53,187.50 | $37,550.00 | $91,800.00 |
| 013: | NEEPAWA, MB | 0.738% | 32 | $33,086.67 | $27,573.00 | $86,333.33 |
| 014: | STONEWALL, MB | 0.738% | 31 | $24,279.86 | $42,500.00 | $70,700.00 |
| 015: | NIVERVILLE, MB | 0.632% | 48 | $46,705.50 | n/a | $40,000.00 |
| 016: | STE ANNE, MB | 0.632% | 42 | $41,900.00 | $28,189.25 | $83,333.33 |
| 017: | EAST ST PAUL, MB | 0.527% | 44 | $54,300.20 | n/a | $185,250.00 |
| 018: | CARMAN, MB | 0.527% | 34 | $47,388.00 | $26,941.00 | $119,500.00 |
| 019: | TEULON, MB | 0.421% | 37 | $49,500.00 | n/a | $76,000.00 |
| 020: | GROSSE ISLE, MB | 0.421% | 33 | $56,300.75 | n/a | $153,250.00 |
| 021: | ROBLIN, MB | 0.421% | 35 | $126,000.00 | $35,666.67 | $126,125.00 |
| 022: | KILLARNEY, MB | 0.421% | 34 | $21,322.67 | $25,333.33 | $77,250.00 |
| 023: | MORRIS, MB | 0.421% | 33 | $40,250.00 | $65,000.00 | $66,633.33 |
| 024: | MINNEDOSA, MB | 0.421% | 32 | $30,000.00 | $20,500.00 | $28,333.33 |
| 025: | STONY MOUNTAIN, MB | 0.316% | 32 | $41,333.33 | n/a | $120,000.00 |
| 026: | HARTNEY, MB | 0.316% | 34 | $22,800.00 | n/a | $61,000.00 |
| 027: | OAKBANK, MB | 0.316% | 30 | $83,000.00 | n/a | $163,200.00 |
| 028: | RIVERTON, MB | 0.316% | 43 | n/a | $30,000.00 | $43,666.67 |
| 029: | SWAN RIVER, MB | 0.316% | 36 | $30,373.33 | $51,500.00 | $27,950.00 |
| 030: | LAC DU BONNET, MB | 0.316% | 54 | $90,000.00 | n/a | $111,666.67 |
| 031: | MELITA, MB | 0.316% | 33 | $33,666.67 | n/a | $48,333.33 |
| 032: | SNOW LAKE, MB | 0.316% | 37 | $69,250.00 | n/a | $86,666.67 |
| 033: | VIRDEN, MB | 0.316% | 44 | $48,676.00 | $12,264.00 | $115,000.00 |
| 034: | GILLAM, MB | 0.316% | 33 | $70,666.67 | $65,000.00 | $187,500.00 |
| 035: | HEADINGLEY, MB | 0.316% | 45 | $84,104.33 | n/a | $175,000.00 |
| 036: | ST PIERRE JOLYS, MB | 0.316% | 33 | $45,000.00 | $21,000.00 | $103,000.00 |
| 037: | ROSSBURN, MB | 0.316% | 50 | $76,666.67 | n/a | $153,333.33 |
| 038: | CARTWRIGHT, MB | 0.211% | 32 | $42,500.00 | n/a | $130,000.00 |
| 039: | ANOLA, MB | 0.211% | 35 | $120,000.00 | n/a | $120,000.00 |
| 040: | GUNTON, MB | 0.211% | 23 | $22,480.00 | n/a | $77,500.00 |
| 041: | ST FRANCOIS XAVIER, MB | 0.211% | 37 | $48,000.00 | n/a | $195,000.00 |
| 042: | STRATHCLAIR, MB | 0.211% | 28 | $90,000.00 | n/a | $42,000.00 |
| 043: | EAST SELKIRK, MB | 0.211% | 35 | $34,020.00 | n/a | $90,000.00 |
| 044: | ERIKSDALE, MB | 0.211% | 30 | $28,000.00 | n/a | $102,500.00 |
| 045: | MARCHAND, MB | 0.211% | 54 | $35,000.00 | n/a | $65,000.00 |
| 046: | WOODLANDS, MB | 0.211% | 48 | $61,500.00 | $35,500.00 | $157,895.50 |
| 047: | WARREN, MB | 0.211% | 34 | $35,050.00 | n/a | $55,984.00 |
| 048: | GIMLI, MB | 0.211% | 52 | n/a | n/a | $169,500.00 |
| 049: | GRUNTHAL, MB | 0.211% | 29 | $42,500.00 | n/a | $175,000.00 |
| 050: | ST ANDREWS, MB | 0.211% | 34 | $114,500.00 | n/a | $63,500.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 28.0% | |
| Refinance: | 18.9% | |
| First-time Buyer: | 18.7% | |
| No Money Down: | 15.1% | |
| Renewal: | 7.0% | |
| Purchase: | 6.7% | |
| Variable Rate: | 1.2% | |
| Pre-approval: | 0.9% | |
| Other: | 3.4% | |
| Total Application Types Found: 18 | ||
Average age: 37
Oldest age: 83
Youngest age: 20
The amounts below are the average income of applicants living in Manitoba who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Manitoba: | $51,939.03 |
| applicants within all of Canada: | $58,901.05 |
| Difference: | ($6,962.03) |
| mortgage co-applicants in Manitoba: | $35,197.12 |
| co-applicants within all of Canada: | $41,545.22 |
| Difference: | ($6,348.10) |
The information shown below represents the residential status of people living in Manitoba who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 41.3% | |
| Own: | 43.9% | |
| Other: | 2.6% | |
| No Comment: | 6.6% | |
| Live with parents: | 5.5% |
The following pie chart represents the marital status of applicants from Manitoba using the mortgage application found on the CanEquity Mortgage web site. 63% of the mortgage applicants are living together with someone, while only 35% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 52.1% | |
| Single: | 26.4% | |
| Common-law: | 11.9% | |
| Divorced: | 5.1% | |
| Separated: | 3.6% | |
| Widowed: | 0.9% |
