Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.33% | 0.04% |
| 2010: | 12.68% | 0.05% |
| 2009: | 15.96% | 0.06% |
| 2008: | 15.02% | 0.06% |
| 2007: | 8.45% | 0.03% |
| 2006: | 7.04% | 0.03% |
| 2005: | 8.45% | 0.03% |
| 2004: | 8.92% | 0.04% |
| 2003: | 9.86% | 0.04% |
| 2002: | 3.29% | 0.01% |
This graph shows the individual monthly volume history for Internet mortgage pre-approval applications submitted from Ajax, ON.
This bar graph shows the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Ajax mostly occur during our second quarter (represented by the green bars) with 29.58% while our slowest is the fourth quarter (represented by the red bars) with 18.31%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 10.8% | |
| 2: | May: | 10.3% | |
| 3: | August: | 9.9% | |
| 4: | March: | 9.4% | |
| 5: | February: | 8.9% | |
| 6: | July: | 8.9% | |
| 7: | October: | 8.4% | |
| 8: | June: | 8.4% | |
| 9: | September: | 8.0% | |
| 10: | January: | 7.0% | |
| 11: | November: | 6.1% | |
| 12: | December: | 3.8% |
The bar graph listed below displays the busy days for online inquiries that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Ajax, the day with the most volume, generating 22.07% of all applications, is Tuesday. In comparison, Friday's are the slowest day with only 8.92% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 22.1% | |
| 2: | Thursday: | 16.9% | |
| 3: | Monday: | 15.5% | |
| 4: | Wednesday: | 13.6% | |
| 5: | Saturday: | 12.7% | |
| 6: | Sunday: | 10.3% | |
| 7: | Friday: | 8.9% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The report shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 45.5% of all mortgages are received before noon, while 53.5% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 0.9% |
| 04:00 to 04:59: | 0.5% |
| 05:00 to 05:59: | 3.3% |
| 06:00 to 06:59: | 4.2% |
| 07:00 to 07:59: | 2.8% |
| 08:00 to 08:59: | 7.5% |
| 09:00 to 09:59: | 5.6% |
| 10:00 to 10:59: | 12.7% |
| 11:00 to 11:59: | 8.9% |
| 12:00 to 12:59: | 5.6% |
| 13:00 to 13:59: | 6.6% |
| 14:00 to 14:59: | 5.2% |
| 15:00 to 15:59: | 2.8% |
| 16:00 to 16:59: | 5.6% |
| 17:00 to 17:59: | 3.8% |
| 18:00 to 18:59: | 5.6% |
| 19:00 to 19:59: | 3.8% |
| 20:00 to 20:59: | 5.2% |
| 21:00 to 21:59: | 5.2% |
| 22:00 to 22:59: | 3.3% |
| 23:00 to 23:59: | 0.9% |
| 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 | |
|---|---|---|
| 021: | KINGSTON, ON | 0.508% |
| 022: | MARKHAM, ON | 0.438% |
| 023: | SAULT STE MARIE, ON | 0.428% |
| 024: | WATERLOO, ON | 0.423% |
| 025: | PETERBOROUGH, ON | 0.404% |
| 026: | AJAX, ON | 0.402% |
| 027: | THUNDER BAY, ON | 0.391% |
| 028: | WHITBY, ON | 0.383% |
| 029: | SUDBURY, ON | 0.381% |
| 030: | NIAGARA FALLS, ON | 0.334% |
| 031: | PICKERING, ON | 0.330% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 21.6% | |
| Qualification: | 21.1% | |
| First-time Buyer: | 17.8% | |
| Renewal: | 12.2% | |
| No Money Down: | 10.3% | |
| Purchase: | 7.5% | |
| Variable Rate: | 2.3% | |
| Investment: | 1.9% | |
| Commercial: | 1.4% | |
| Pre-approval: | 0.9% | |
| Second Mortgage: | 0.9% | |
| HELOC: | 0.9% | |
| Other: | 1% | |
| Total Application Types Found: 14 | ||
Average age: 39
Oldest age: 76
Youngest age: 20
The information below represents the average income of people living in Ajax who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ajax: | $67,309.52 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $7,811.05 |
| mortgage co-applicants in Ajax: | $42,123.89 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($279.25) |
The table and pie chart below represents the residential status of people living in Ajax who have applied for a mortgage using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 27.7% | |
| Own: | 61.5% | |
| Other: | 3.8% | |
| No Comment: | 1.4% | |
| Live with parents: | 5.6% |
The information below shows the marital status of applicants from Ajax, Ontario using the mortgage application found on canequity.com. In Ajax, 64% of the mortgage applicants are living with someone, while only 35% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 55.4% | |
| Single: | 26.8% | |
| Common-law: | 8.9% | |
| Separated: | 5.2% | |
| Divorced: | 3.3% | |
| Widowed: | 0.5% |
