Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.71% | 0.01% |
| 2010: | 14.29% | 0.01% |
| 2009: | 26.79% | 0.03% |
| 2008: | 12.50% | 0.01% |
| 2007: | 7.14% | 0.01% |
| 2006: | 8.93% | 0.01% |
| 2005: | 3.57% | 0.00% |
| 2004: | 5.36% | 0.01% |
| 2003: | 8.93% | 0.01% |
| 2002: | 1.79% | 0.00% |
This graph illustrates the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Ancaster seem to occur during our first quarter (represented by the brown bars) with 32.14% while our slowest is the second quarter (represented by the green bars) with 19.64%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 19.6% | |
| 2: | November: | 14.3% | |
| 3: | August: | 10.7% | |
| 4: | January: | 8.9% | |
| 5: | May: | 8.9% | |
| 6: | October: | 8.9% | |
| 7: | April: | 7.1% | |
| 8: | July: | 5.4% | |
| 9: | September: | 5.4% | |
| 10: | December: | 3.6% | |
| 11: | February: | 3.6% | |
| 12: | June: | 3.6% |
The graph below shows the busy days for Internet applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Ancaster the busiest day of the week, with 21.43% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.93% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 21.4% | |
| 2: | Friday: | 16.1% | |
| 3: | Monday: | 14.3% | |
| 4: | Thursday: | 14.3% | |
| 5: | Wednesday: | 12.5% | |
| 6: | Sunday: | 12.5% | |
| 7: | Saturday: | 8.9% |
In Ancaster, mortgages are received 24 hours a day from the CanEquity web site. The information 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 |
|---|---|
| 01:00 to 01:59: | 1.8% |
| 06:00 to 06:59: | 5.4% |
| 07:00 to 07:59: | 3.6% |
| 08:00 to 08:59: | 7.1% |
| 09:00 to 09:59: | 5.4% |
| 10:00 to 10:59: | 10.7% |
| 11:00 to 11:59: | 16.1% |
| 12:00 to 12:59: | 12.5% |
| 13:00 to 13:59: | 3.6% |
| 14:00 to 14:59: | 7.1% |
| 15:00 to 15:59: | 3.6% |
| 16:00 to 16:59: | 1.8% |
| 17:00 to 17:59: | 3.6% |
| 18:00 to 18:59: | 3.6% |
| 19:00 to 19:59: | 3.6% |
| 20:00 to 20:59: | 5.4% |
| 21:00 to 21:59: | 3.6% |
| 22:00 to 22:59: | 1.8% |
| 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 | |
|---|---|---|
| 063: | STRATHROY, ON | 0.126% |
| 064: | OWEN SOUND, ON | 0.125% |
| 065: | FORT ERIE, ON | 0.123% |
| 066: | BRADFORD, ON | 0.121% |
| 067: | PETAWAWA, ON | 0.113% |
| 068: | ANCASTER, ON | 0.106% |
| 069: | COLLINGWOOD, ON | 0.106% |
| 070: | INNISFIL, ON | 0.102% |
| 071: | BOLTON, ON | 0.102% |
| 072: | TILLSONBURG, ON | 0.100% |
| 073: | ALLISTON, ON | 0.100% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 21.4% | |
| Refinance: | 17.9% | |
| Purchase: | 17.9% | |
| Qualification: | 16.1% | |
| First-time Buyer: | 10.7% | |
| Low Doc: | 3.6% | |
| No Money Down: | 3.6% | |
| Commercial: | 3.6% | |
| Pre-approval: | 1.8% | |
| Short Term Open: | 1.8% | |
| Investment: | 1.8% | |
| Total Application Types Found: 11 | ||
Average age: 41
Oldest age: 57
Youngest age: 23
The following depicts the average income of applicants living in Ancaster who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Ancaster: | $88,484.36 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $28,985.90 |
| mortgage co-applicants in Ancaster: | $69,581.82 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $27,178.69 |
The following depicts the residential status of people living in Ancaster who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 26.8% | |
| Own: | 60.7% | |
| Other: | 1.8% | |
| No Comment: | 1.8% | |
| Live with parents: | 8.9% |
The information below shows the marital status of applicants from Ancaster, Ontario using the mortgage application found at canequity.com. Approximately 76% of the mortgage applicants are either married or living common-law, while only 23% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 62.5% | |
| Single: | 19.6% | |
| Common-law: | 14.3% | |
| Separated: | 3.6% |
