Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.75% | 0.02% |
| 2010: | 10.08% | 0.03% |
| 2009: | 10.85% | 0.03% |
| 2008: | 15.50% | 0.04% |
| 2007: | 15.50% | 0.04% |
| 2006: | 10.85% | 0.03% |
| 2005: | 10.08% | 0.03% |
| 2004: | 11.63% | 0.03% |
| 2003: | 6.20% | 0.01% |
| 2002: | 1.55% | 0.00% |
The bar graph below depicts the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Belleville occur during our first quarter (represented by the brown bars) with 34.11% while our slowest is the fourth quarter (represented by the red bars) with 18.60%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 13.2% | |
| 2: | April: | 12.4% | |
| 3: | July: | 12.4% | |
| 4: | March: | 12.4% | |
| 5: | January: | 8.5% | |
| 6: | May: | 7.8% | |
| 7: | October: | 7.0% | |
| 8: | November: | 6.2% | |
| 9: | December: | 5.4% | |
| 10: | August: | 5.4% | |
| 11: | June: | 5.4% | |
| 12: | September: | 3.9% |
The data below plots the busy days for mortgage applications that were received by CanEquity's web site. A combined total of all occurrences of each day are represented for the past 5 years. In Belleville the most busy day of the week, with 20.16% of all applications, is Thursday. In comparison, Sunday's are the slowest day with only 9.30% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 20.2% | |
| 2: | Monday: | 17.1% | |
| 3: | Wednesday: | 15.5% | |
| 4: | Tuesday: | 13.9% | |
| 5: | Friday: | 12.4% | |
| 6: | Saturday: | 11.6% | |
| 7: | Sunday: | 9.3% |
Mortgage applications are received 24 hours a day via our web site. The statistics shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 40.3% of all mortgages are received during the morning, while 59.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 2.3% |
| 05:00 to 05:59: | 2.3% |
| 06:00 to 06:59: | 3.1% |
| 07:00 to 07:59: | 5.4% |
| 08:00 to 08:59: | 4.7% |
| 09:00 to 09:59: | 8.5% |
| 10:00 to 10:59: | 9.3% |
| 11:00 to 11:59: | 4.7% |
| 12:00 to 12:59: | 7.0% |
| 13:00 to 13:59: | 5.4% |
| 14:00 to 14:59: | 9.3% |
| 15:00 to 15:59: | 3.9% |
| 16:00 to 16:59: | 3.9% |
| 17:00 to 17:59: | 6.2% |
| 18:00 to 18:59: | 7.8% |
| 19:00 to 19:59: | 10.1% |
| 20:00 to 20:59: | 3.9% |
| 22:00 to 22:59: | 1.6% |
| 23:00 to 23:59: | 0.8% |
| 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 | |
|---|---|---|
| 037: | TIMMINS, ON | 0.264% |
| 038: | KANATA, ON | 0.262% |
| 039: | SARNIA, ON | 0.260% |
| 040: | WOODSTOCK, ON | 0.260% |
| 041: | THORNHILL, ON | 0.253% |
| 042: | BELLEVILLE, ON | 0.243% |
| 043: | WELLAND, ON | 0.243% |
| 044: | NORTH BAY, ON | 0.236% |
| 045: | STONEY CREEK, ON | 0.232% |
| 046: | WOODBRIDGE, ON | 0.217% |
| 047: | CHATHAM, ON | 0.211% |
| 1 | Corbyville, Ontario |
| 2 | Foxboro, Ontario |
| 3 | Shannonville, Ontario |
| 4 | Trenton, Ontario |
| 5 | Carrying Place, Ontario |
| 6 | Demorestville, Ontario |
| 7 | Bloomfield, Ontario |
| 8 | Tweed, Ontario |
| 9 | Frankford, Ontario |
| 10 | Picton, Ontario |
| 11 | Wooler, Ontario |
| 12 | Milford, Ontario |
| 13 | Roslin, Ontario |
| 14 | Codrington, Ontario |
| 15 | Brighton, Ontario |
| 16 | Madoc, Ontario |
| 17 | Stirling, Ontario |
| 18 | Plainfield, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.9% | |
| First-time Buyer: | 22.5% | |
| No Money Down: | 19.4% | |
| Refinance: | 12.4% | |
| Purchase: | 6.2% | |
| Renewal: | 4.7% | |
| Variable Rate: | 2.3% | |
| Fixed Rate: | 1.6% | |
| Pre-approval: | 1.6% | |
| Other: | 1.6% | |
| Total Application Types Found: 11 | ||
Average age: 37
Oldest age: 74
Youngest age: 20
The following figures show the average income of people living in Belleville who have submitted a mortgage inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Belleville: | $47,219.23 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($12,279.24) |
| mortgage co-applicants in Belleville: | $30,036.77 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($12,366.36) |
The information shown below represents the residential status of people living in Belleville who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 67.4% | |
| Own: | 27.1% | |
| Other: | 1.6% | |
| No Comment: | 0.8% | |
| Live with parents: | 3.1% |
The following table and pie chart represents the marital status of applicants from Belleville, Ontario using the mortgage application located at canequity.com. In Belleville, 66% of the mortgage applicants are either married or living common-law, while only 33% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.5% | |
| Single: | 24.0% | |
| Common-law: | 20.2% | |
| Separated: | 6.2% | |
| Divorced: | 3.1% |
