Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.82% | 0.01% |
| 2010: | 11.36% | 0.01% |
| 2009: | 29.55% | 0.03% |
| 2008: | 6.82% | 0.01% |
| 2007: | 15.91% | 0.01% |
| 2006: | 9.09% | 0.01% |
| 2005: | 9.09% | 0.01% |
| 2004: | 4.54% | 0.00% |
| 2003: | 2.27% | 0.00% |
| 2002: | 4.54% | 0.00% |
The graph below displays the busy days for online inquiries that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Acton, the day with the most volume, generating 25.00% of all applications, is Wednesday. In comparison, Saturday's are the slowest day with only 6.82% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 25.0% | |
| 2: | Monday: | 22.7% | |
| 3: | Thursday: | 18.2% | |
| 4: | Tuesday: | 13.6% | |
| 5: | Friday: | 6.8% | |
| 6: | Sunday: | 6.8% | |
| 7: | Saturday: | 6.8% |
In Acton, mortgage applications are received 24 hours a day on the CanEquity web site. The graph shown below represents the peak hours within a 24-hour period. 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 Inquiries |
|---|---|
| 05:00 to 05:59: | 2.3% |
| 06:00 to 06:59: | 9.1% |
| 07:00 to 07:59: | 4.5% |
| 09:00 to 09:59: | 9.1% |
| 10:00 to 10:59: | 6.8% |
| 11:00 to 11:59: | 9.1% |
| 12:00 to 12:59: | 6.8% |
| 13:00 to 13:59: | 6.8% |
| 14:00 to 14:59: | 9.1% |
| 15:00 to 15:59: | 6.8% |
| 16:00 to 16:59: | 2.3% |
| 18:00 to 18:59: | 6.8% |
| 19:00 to 19:59: | 6.8% |
| 20:00 to 20:59: | 2.3% |
| 21:00 to 21:59: | 9.1% |
| 22:00 to 22:59: | 2.3% |
| 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 | |
|---|---|---|
| 079: | PEMBROKE, ON | 0.094% |
| 080: | FERGUS, ON | 0.091% |
| 081: | SMITHS FALLS, ON | 0.087% |
| 082: | MIDLAND, ON | 0.085% |
| 083: | STOUFFVILLE, ON | 0.085% |
| 084: | ACTON, ON | 0.083% |
| 085: | WATERDOWN, ON | 0.081% |
| 086: | BRACEBRIDGE, ON | 0.079% |
| 087: | CALEDONIA, ON | 0.077% |
| 088: | LEAMINGTON, ON | 0.077% |
| 089: | BROOKLIN, ON | 0.076% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 22.7% | |
| Refinance: | 18.2% | |
| Renewal: | 15.9% | |
| No Money Down: | 15.9% | |
| First-time Buyer: | 13.6% | |
| Purchase: | 9.1% | |
| Investment: | 2.3% | |
| Pre-approval: | 2.3% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 71
Youngest age: 23
The following depicts the average income of applicants living in Acton who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Acton: | $54,855.72 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($4,642.74) |
| mortgage co-applicants in Acton: | $40,468.05 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($1,935.08) |
The information below represents the residential status of people living in Acton who have applied for a loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.4% | |
| Own: | 50.0% | |
| No Comment: | 2.3% | |
| Live with parents: | 11.4% |
The information below shows the marital status of applicants from Acton, Ontario using the online mortgage application found on the CanEquity Mortgage web site. 70% of the mortgage applicants are either married or living common-law, while only 29% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 59.1% | |
| Single: | 20.5% | |
| Common-law: | 11.4% | |
| Separated: | 6.8% | |
| Divorced: | 2.3% |
