Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 6.27% | * 0.05% |
| 2009: | 14.36% | 0.12% |
| 2008: | 11.23% | 0.09% |
| 2007: | 13.32% | 0.11% |
| 2006: | 16.19% | 0.14% |
| 2005: | 11.75% | 0.10% |
| 2004: | 11.49% | 0.10% |
| 2003: | 9.14% | 0.08% |
| 2002: | 6.27% | 0.05% |
The bar graph below shows the individual monthly volume history for Internet mortgage pre-approval applications originating from Barrie, ON.
The following bar graph represents the volumes of Web 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 30.81% while our slowest is the fourth quarter (represented by the red bars) with 19.06%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 13.3% | |
| 2: | January: | 10.7% | |
| 3: | April: | 9.9% | |
| 4: | June: | 9.9% | |
| 5: | August: | 8.6% | |
| 6: | October: | 8.4% | |
| 7: | May: | 7.8% | |
| 8: | July: | 7.0% | |
| 9: | February: | 6.8% | |
| 10: | September: | 6.8% | |
| 11: | December: | 5.5% | |
| 12: | November: | 5.2% |
The bar graph listed below displays the busy days for online mortgage 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 Barrie, the day with the most volume, having more than 19.84% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 7.57% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 19.8% | |
| 2: | Monday: | 18.0% | |
| 3: | Tuesday: | 17.8% | |
| 4: | Thursday: | 13.8% | |
| 5: | Friday: | 13.1% | |
| 6: | Sunday: | 9.9% | |
| 7: | Saturday: | 7.6% |
Barrie mortgage applications are received 24 hours a day via 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: | 1.0% |
| 01:00 to 01:59: | 0.8% |
| 02:00 to 02:59: | 0.3% |
| 03:00 to 03:59: | 0.5% |
| 05:00 to 05:59: | 2.9% |
| 06:00 to 06:59: | 3.4% |
| 07:00 to 07:59: | 5.0% |
| 08:00 to 08:59: | 6.8% |
| 09:00 to 09:59: | 6.8% |
| 10:00 to 10:59: | 7.6% |
| 11:00 to 11:59: | 8.9% |
| 12:00 to 12:59: | 5.0% |
| 13:00 to 13:59: | 5.7% |
| 14:00 to 14:59: | 5.7% |
| 15:00 to 15:59: | 5.5% |
| 16:00 to 16:59: | 4.7% |
| 17:00 to 17:59: | 5.5% |
| 18:00 to 18:59: | 5.0% |
| 19:00 to 19:59: | 5.2% |
| 20:00 to 20:59: | 5.7% |
| 21:00 to 21:59: | 3.7% |
| 22:00 to 22:59: | 2.9% |
| 23:00 to 23:59: | 1.6% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.20% |
| 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: | 0.47% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.29% |
| Location | Contribution | |
|---|---|---|
| 004: | BRAMPTON, ON | 1.568% |
| 005: | LONDON, ON | 1.562% |
| 006: | HAMILTON, ON | 1.507% |
| 007: | KITCHENER, ON | 1.046% |
| 008: | SCARBOROUGH, ON | 0.904% |
| 009: | BARRIE, ON | 0.840% |
| 010: | WINDSOR, ON | 0.825% |
| 011: | BURLINGTON, ON | 0.814% |
| 012: | OAKVILLE, ON | 0.698% |
| 013: | OSHAWA, ON | 0.643% |
| 014: | CAMBRIDGE, ON | 0.630% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 24.5% | |
| Qualification: | 19.6% | |
| First-time Buyer: | 16.7% | |
| No Money Down: | 12.5% | |
| Renewal: | 11.2% | |
| Purchase: | 6.8% | |
| Variable Rate: | 3.1% | |
| Low Doc: | 1.8% | |
| Pre-approval: | 1.0% | |
| Commercial: | 1.0% | |
| Other: | 1.6% | |
| Total Application Types Found: 14 | ||
Average age: 36
Oldest age: 67
Youngest age: 19
The following figures show the average income of Canadians living in Barrie who have applied for a home loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Barrie: | $54,928.87 |
| applicants within all of Canada: | $58,945.88 |
| Difference: | ($4,017.01) |
| mortgage co-applicants in Barrie: | $36,170.27 |
| co-applicants within all of Canada: | $41,522.27 |
| Difference: | ($5,352.00) |
The chart and pie-graph below depicts the residential status of people living in Barrie who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 38.6% | |
| Own: | 53.3% | |
| Other: | 1.6% | |
| No Comment: | 4.2% | |
| Live with parents: | 2.3% |
The following information represents the marital status of applicants from Barrie, Ontario using the online mortgage application located at the CanEquity web site. Over 64% of the mortgage applicants are either married or living common-law, while only 34% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 48.6% | |
| Single: | 24.0% | |
| Common-law: | 15.7% | |
| Separated: | 6.3% | |
| Divorced: | 4.4% | |
| Widowed: | 1.0% |
