Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 9.63% | 0.08% |
| 2010: | 8.03% | 0.07% |
| 2009: | 12.62% | 0.10% |
| 2008: | 9.86% | 0.08% |
| 2007: | 11.70% | 0.10% |
| 2006: | 14.22% | 0.12% |
| 2005: | 10.32% | 0.09% |
| 2004: | 10.09% | 0.08% |
| 2003: | 8.03% | 0.07% |
| 2002: | 5.50% | 0.04% |
The bar graph below represents the individual monthly volume history for Internet applications sent from Barrie, ON.
This bar graph illustrates the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Barrie occur during our first quarter (represented by the brown bars) with 29.82% while our slowest is the fourth quarter (represented by the red bars) with 20.64%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 12.4% | |
| 2: | January: | 10.1% | |
| 3: | June: | 10.1% | |
| 4: | April: | 9.9% | |
| 5: | October: | 9.2% | |
| 6: | August: | 8.3% | |
| 7: | September: | 7.6% | |
| 8: | February: | 7.3% | |
| 9: | May: | 7.1% | |
| 10: | July: | 6.7% | |
| 11: | December: | 6.0% | |
| 12: | November: | 5.5% |
The graph below compares the busy days for Internet 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 Barrie, the day with the most volume, generating 18.12% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.80% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 18.1% | |
| 2: | Wednesday: | 18.1% | |
| 3: | Tuesday: | 17.9% | |
| 4: | Thursday: | 13.8% | |
| 5: | Friday: | 12.6% | |
| 6: | Sunday: | 11.7% | |
| 7: | Saturday: | 7.8% |
Applications are received 24 hours a day from the CanEquity web site. The report shown below indicates the peak 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: | 0.9% |
| 01:00 to 01:59: | 0.7% |
| 02:00 to 02:59: | 0.2% |
| 03:00 to 03:59: | 0.5% |
| 05:00 to 05:59: | 2.5% |
| 06:00 to 06:59: | 3.0% |
| 07:00 to 07:59: | 4.8% |
| 08:00 to 08:59: | 6.9% |
| 09:00 to 09:59: | 6.2% |
| 10:00 to 10:59: | 7.3% |
| 11:00 to 11:59: | 9.2% |
| 12:00 to 12:59: | 5.5% |
| 13:00 to 13:59: | 5.5% |
| 14:00 to 14:59: | 6.2% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 4.8% |
| 17:00 to 17:59: | 6.4% |
| 18:00 to 18:59: | 4.8% |
| 19:00 to 19:59: | 5.5% |
| 20:00 to 20:59: | 5.3% |
| 21:00 to 21:59: | 4.1% |
| 22:00 to 22:59: | 2.8% |
| 23:00 to 23:59: | 1.6% |
| 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 | |
|---|---|---|
| 004: | LONDON, ON | 1.546% |
| 005: | BRAMPTON, ON | 1.493% |
| 006: | HAMILTON, ON | 1.472% |
| 007: | KITCHENER, ON | 1.048% |
| 008: | SCARBOROUGH, ON | 0.885% |
| 009: | BARRIE, ON | 0.823% |
| 010: | WINDSOR, ON | 0.804% |
| 011: | BURLINGTON, ON | 0.791% |
| 012: | GUELPH, ON | 0.681% |
| 013: | OAKVILLE, ON | 0.670% |
| 014: | CAMBRIDGE, ON | 0.642% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 23.4% | |
| Qualification: | 19.0% | |
| First-time Buyer: | 16.1% | |
| No Money Down: | 12.2% | |
| Renewal: | 10.8% | |
| Purchase: | 9.9% | |
| Variable Rate: | 2.8% | |
| Low Doc: | 1.6% | |
| Commercial: | 1.4% | |
| Pre-approval: | 1.1% | |
| Other: | 1.9% | |
| Total Application Types Found: 15 | ||
Average age: 36
Oldest age: 67
Youngest age: 19
The amounts shown below represent the average income of applicants living in Barrie who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Barrie: | $55,525.37 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($3,973.10) |
| mortgage co-applicants in Barrie: | $37,258.22 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($5,144.91) |
The table and pie chart below represents the residential status of people living in Barrie who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.4% | |
| Own: | 52.1% | |
| Other: | 1.6% | |
| No Comment: | 3.9% | |
| Live with parents: | 3.0% |
The information below shows the marital status of applicants from Barrie, Ontario using the online mortgage application found on canequity.com. Approximately 63% of the mortgage applicants are living together with someone, while only 36% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.3% | |
| Single: | 25.2% | |
| Common-law: | 16.7% | |
| Separated: | 6.4% | |
| Divorced: | 4.4% | |
| Widowed: | 0.9% |
