Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 3.70% | 0.00% |
| 2010: | 5.56% | 0.01% |
| 2009: | 9.26% | 0.01% |
| 2008: | 18.52% | 0.02% |
| 2007: | 12.96% | 0.01% |
| 2006: | 12.96% | 0.01% |
| 2005: | 9.26% | 0.01% |
| 2004: | 14.82% | 0.01% |
| 2003: | 9.26% | 0.01% |
| 2002: | 3.70% | 0.00% |
The graph below represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Bolton seem to occur during our first quarter (represented by the brown bars) with 33.33% while our slowest is the third quarter (represented by the blue bars) with 12.96%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 18.5% | |
| 2: | May: | 13.0% | |
| 3: | January: | 11.1% | |
| 4: | April: | 11.1% | |
| 5: | October: | 9.3% | |
| 6: | November: | 7.4% | |
| 7: | December: | 7.4% | |
| 8: | July: | 7.4% | |
| 9: | June: | 5.6% | |
| 10: | February: | 3.7% | |
| 11: | August: | 3.7% | |
| 12: | September: | 1.9% |
The bar graph listed below plots the busy days for mortgage applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Bolton, the day with the most volume, generating 20.37% of all inquiries, is Thursday. In comparison, Saturday's are the slowest day with only 5.56% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 20.4% | |
| 2: | Wednesday: | 18.5% | |
| 3: | Tuesday: | 16.7% | |
| 4: | Sunday: | 16.7% | |
| 5: | Monday: | 14.8% | |
| 6: | Friday: | 7.4% | |
| 7: | Saturday: | 5.6% |
In Bolton, mortgages are received 24 hours a day via our web site. The report shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 05:00 to 05:59: | 1.9% |
| 06:00 to 06:59: | 9.3% |
| 07:00 to 07:59: | 11.1% |
| 08:00 to 08:59: | 20.4% |
| 09:00 to 09:59: | 3.7% |
| 10:00 to 10:59: | 9.3% |
| 11:00 to 11:59: | 7.4% |
| 12:00 to 12:59: | 7.4% |
| 13:00 to 13:59: | 1.9% |
| 14:00 to 14:59: | 7.4% |
| 17:00 to 17:59: | 3.7% |
| 18:00 to 18:59: | 5.6% |
| 19:00 to 19:59: | 3.7% |
| 20:00 to 20:59: | 5.6% |
| 23:00 to 23:59: | 1.9% |
| 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 | |
|---|---|---|
| 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% |
| 074: | COURTICE, ON | 0.100% |
| 075: | GRIMSBY, ON | 0.098% |
| 076: | PORT HOPE, ON | 0.098% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 29.6% | |
| Qualification: | 16.7% | |
| First-time Buyer: | 14.8% | |
| No Money Down: | 13.0% | |
| Renewal: | 11.1% | |
| Purchase: | 5.6% | |
| Low Doc: | 1.9% | |
| Pre-approval: | 1.9% | |
| Recreational: | 1.9% | |
| Equity Mortgage: | 1.9% | |
| Investment: | 1.9% | |
| Total Application Types Found: 11 | ||
Average age: 36
Oldest age: 60
Youngest age: 23
The following figures show the average income of applicants living in Bolton who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bolton: | $62,931.34 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $3,432.87 |
| mortgage co-applicants in Bolton: | $56,920.87 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $14,517.74 |
The following table represents the residential status of people living in Bolton who have applied for a mortgage using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 33.3% | |
| Own: | 59.3% | |
| Other: | 1.9% | |
| Live with parents: | 5.6% |
The following information represents the marital status of applicants from Bolton, Ontario using the mortgage application found on the CanEquity Mortgage web site. In Bolton, over 87% of the mortgage applicants are either married or living common-law, while only 12% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 64.8% | |
| Common-law: | 22.2% | |
| Single: | 9.3% | |
| Divorced: | 1.9% | |
| Separated: | 1.9% |
