Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.41% | 0.00% |
| 2010: | 7.41% | 0.00% |
| 2009: | 29.63% | 0.01% |
| 2008: | 14.82% | 0.01% |
| 2007: | 3.70% | 0.00% |
| 2006: | 7.41% | 0.00% |
| 2005: | 3.70% | 0.00% |
| 2004: | 7.41% | 0.00% |
| 2003: | 11.11% | 0.01% |
| 2002: | 7.41% | 0.00% |
The graph below illustrates the busy days for Internet mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Angus the busiest day, with approximately 18.52% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 7.41% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 18.5% | |
| 2: | Friday: | 18.5% | |
| 3: | Thursday: | 18.5% | |
| 4: | Monday: | 14.8% | |
| 5: | Wednesday: | 11.1% | |
| 6: | Sunday: | 11.1% | |
| 7: | Saturday: | 7.4% |
Inquiries are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 33.3% of all mortgages are received before noon, while 66.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 3.7% |
| 08:00 to 08:59: | 3.7% |
| 09:00 to 09:59: | 3.7% |
| 10:00 to 10:59: | 14.8% |
| 11:00 to 11:59: | 7.4% |
| 12:00 to 12:59: | 11.1% |
| 13:00 to 13:59: | 3.7% |
| 14:00 to 14:59: | 7.4% |
| 15:00 to 15:59: | 3.7% |
| 16:00 to 16:59: | 3.7% |
| 17:00 to 17:59: | 14.8% |
| 19:00 to 19:59: | 7.4% |
| 20:00 to 20:59: | 3.7% |
| 21:00 to 21:59: | 7.4% |
| 22:00 to 22:59: | 3.7% |
| 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 | |
|---|---|---|
| 116: | BELLE RIVER, ON | 0.059% |
| 117: | PERTH, ON | 0.057% |
| 118: | UXBRIDGE, ON | 0.057% |
| 119: | KINGSVILLE, ON | 0.057% |
| 120: | AYLMER, ON | 0.057% |
| 121: | ANGUS, ON | 0.051% |
| 122: | HARROW, ON | 0.051% |
| 123: | VAUGHAN, ON | 0.051% |
| 124: | GANANOQUE, ON | 0.051% |
| 125: | STURGEON FALLS, ON | 0.051% |
| 126: | NEWCASTLE, ON | 0.051% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 25.9% | |
| Qualification: | 14.8% | |
| Renewal: | 14.8% | |
| Purchase: | 14.8% | |
| Refinance: | 11.1% | |
| Low Doc: | 3.7% | |
| Commercial: | 3.7% | |
| First-time Buyer: | 3.7% | |
| HELOC: | 3.7% | |
| Variable Rate: | 3.7% | |
| Total Application Types Found: 10 | ||
Average age: 39
Oldest age: 58
Youngest age: 24
The figures below represent the average income of applicants living in Angus who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Angus: | $56,729.54 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($2,768.93) |
| mortgage co-applicants in Angus: | $49,437.31 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $7,034.18 |
The information below represents the residential status of people living in Angus who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.7% | |
| Own: | 55.6% | |
| No Comment: | 3.7% |
The pie chart below represents the marital status of applicants from Angus, Ontario using the mortgage preapproval application found at canequity.com. Over 77% of the mortgage applicants are either married or living common-law, while only 22% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 66.7% | |
| Single: | 14.8% | |
| Common-law: | 11.1% | |
| Divorced: | 3.7% | |
| Separated: | 3.7% |
