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 bar graph below illustrates the busy days for Internet applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Amherstburg, the day with the most volume, having more than 21.62% of all applications, 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% |
In Amherstburg, mortgages are received 24 hours a day from the CanEquity web site. The report shown below represents the busy hours in the day. 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: | 21.21% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 079: | SMITHS FALLS, ON | 0.092% |
| 080: | FERGUS, ON | 0.090% |
| 081: | ACTON, ON | 0.088% |
| 082: | MIDLAND, ON | 0.086% |
| 083: | STOUFFVILLE, ON | 0.083% |
| 084: | AMHERSTBURG, ON | 0.081% |
| 085: | BROOKLIN, ON | 0.081% |
| 086: | TECUMSEH, ON | 0.081% |
| 087: | LEAMINGTON, ON | 0.079% |
| 088: | WATERDOWN, ON | 0.079% |
| 089: | PORT COLBORNE, ON | 0.077% |
| 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 applicants living in Amherstburg who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Amherstburg: | $60,571.31 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | $1,621.18 |
| mortgage co-applicants in Amherstburg: | $40,278.57 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | ($1,238.81) |
The table and pie chart below represents the residential status of people living in Amherstburg who have applied for a home loan using the online application located at the CanEquity 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 table and pie chart represents the marital status of applicants from Amherstburg, Ontario using the mortgage preapproval application found on the CanEquity Mortgage web site. Approximately 62% of the mortgage applicants are either married or living common-law, while only 37% are single 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% |
