Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | 5.41% | 0.00% |
| 2009: | 8.11% | 0.01% |
| 2008: | 18.92% | 0.01% |
| 2007: | 13.51% | 0.01% |
| 2006: | 16.22% | 0.01% |
| 2005: | 8.11% | 0.01% |
| 2004: | 8.11% | 0.01% |
| 2003: | 10.81% | 0.01% |
| 2002: | 10.81% | 0.01% |
The information below illustrates the busy days for Internet mortgage applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Amherstburg the busiest day, with approximately 21.62% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 8.11% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.6% | |
| 2: | Wednesday: | 18.9% | |
| 3: | Friday: | 16.2% | |
| 4: | Sunday: | 13.5% | |
| 5: | Monday: | 10.8% | |
| 6: | Thursday: | 10.8% | |
| 7: | Saturday: | 8.1% |
Inquiries 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.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.7% |
| 05:00 to 05:59: | 2.7% |
| 06:00 to 06:59: | 5.4% |
| 07:00 to 07:59: | 2.7% |
| 09:00 to 09:59: | 2.7% |
| 10:00 to 10:59: | 8.1% |
| 11:00 to 11:59: | 2.7% |
| 12:00 to 12:59: | 16.2% |
| 13:00 to 13:59: | 5.4% |
| 15:00 to 15:59: | 5.4% |
| 16:00 to 16:59: | 10.8% |
| 17:00 to 17:59: | 5.4% |
| 18:00 to 18:59: | 5.4% |
| 19:00 to 19:59: | 8.1% |
| 20:00 to 20:59: | 8.1% |
| 21:00 to 21:59: | 5.4% |
| 22:00 to 22:59: | 2.7% |
| 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 | |
|---|---|---|
| 090: | PORT COLBORNE, ON | 0.076% |
| 091: | PARIS, ON | 0.076% |
| 092: | NAPANEE, ON | 0.074% |
| 093: | EAST YORK, ON | 0.074% |
| 094: | HUNTSVILLE, ON | 0.072% |
| 095: | AMHERSTBURG, ON | 0.070% |
| 096: | INGERSOLL, ON | 0.070% |
| 097: | TECUMSEH, ON | 0.070% |
| 098: | HANOVER, ON | 0.066% |
| 099: | PICTON, ON | 0.064% |
| 100: | HANMER, ON | 0.064% |
| 1 | Lasalle, Ontario |
| 2 | Harrow, Ontario |
| 3 | Maidstone, Ontario |
| 4 | Kingsville, Ontario |
| 5 | Essex, Ontario |
| 6 | Ruthven, Ontario |
| 7 | Tecumseh, Ontario |
| 8 | Mcgregor, Ontario |
| 9 | Leamington, Ontario |
| 10 | Windsor, Ontario |
| 11 | Cottam, Ontario |
| 12 | South Woodslee, Ontario |
| 13 | Emeryville, Ontario |
| 14 | Belle River, Ontario |
| 15 | Wheatley, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.0% | |
| Refinance: | 21.6% | |
| First-time Buyer: | 16.2% | |
| Renewal: | 13.5% | |
| No Money Down: | 8.1% | |
| Pre-approval: | 5.4% | |
| Recreational: | 2.7% | |
| Equity Mortgage: | 2.7% | |
| Purchase: | 2.7% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 61
Youngest age: 24
The numbers below represent the average income of people living in Amherstburg who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Amherstburg: | $60,571.31 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $1,072.84 |
| mortgage co-applicants in Amherstburg: | $40,278.57 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,124.56) |
The following depicts the residential status of people living in Amherstburg who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 32.4% | |
| Own: | 51.4% | |
| Other: | 2.7% | |
| No Comment: | 2.7% | |
| Live with parents: | 10.8% |
The following pie chart represents the marital status of applicants from Amherstburg, Ontario using the mortgage preapproval application located at canequity.com. Over 62% of the mortgage applicants are living with someone, while only 37% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 51.4% | |
| Single: | 27.0% | |
| Common-law: | 10.8% | |
| Divorced: | 8.1% | |
| Separated: | 2.7% |
