Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.33% | 0.00% |
| 2010: | 29.17% | 0.01% |
| 2009: | 8.33% | 0.00% |
| 2008: | 20.83% | 0.01% |
| 2006: | 4.17% | 0.00% |
| 2005: | 8.33% | 0.00% |
| 2004: | 12.50% | 0.01% |
| 2003: | 8.33% | 0.00% |
Borden mortgage applications are received 24 hours a day on our web site. The statistics shown below represents the rush 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: | 4.2% |
| 06:00 to 06:59: | 8.3% |
| 07:00 to 07:59: | 25.0% |
| 09:00 to 09:59: | 8.3% |
| 10:00 to 10:59: | 8.3% |
| 11:00 to 11:59: | 8.3% |
| 12:00 to 12:59: | 4.2% |
| 13:00 to 13:59: | 4.2% |
| 15:00 to 15:59: | 8.3% |
| 16:00 to 16:59: | 4.2% |
| 18:00 to 18:59: | 4.2% |
| 19:00 to 19:59: | 12.5% |
| 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 | |
|---|---|---|
| 139: | GRAVENHURST, ON | 0.045% |
| 140: | KIRKLAND LAKE, ON | 0.045% |
| 141: | ELMIRA, ON | 0.045% |
| 142: | FRANKFORD, ON | 0.045% |
| 143: | LISTOWEL, ON | 0.045% |
| 144: | BORDEN, ON | 0.045% |
| 145: | ROCKLAND, ON | 0.043% |
| 146: | BLENHEIM, ON | 0.043% |
| 147: | COCHRANE, ON | 0.043% |
| 148: | YORK, ON | 0.043% |
| 149: | ESPANOLA, ON | 0.043% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 29.2% | |
| First-time Buyer: | 29.2% | |
| No Money Down: | 20.8% | |
| Purchase: | 12.5% | |
| Refinance: | 4.2% | |
| Second Mortgage: | 4.2% | |
| Total Application Types Found: 6 | ||
Average age: 37
Oldest age: 63
Youngest age: 22
The following depicts the average income of people living in Borden who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Borden: | $59,827.27 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $328.81 |
| mortgage co-applicants in Borden: | $44,237.50 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $1,834.37 |
The pie chart below shows the residential status of people living in Borden who have submitted an inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 100.0% |
The following pie chart represents the marital status of applicants from Borden, Ontario using the preapproval application found on the CanEquity Mortgage web site. In Borden, approximately 79% of the mortgage applicants are either married or living common-law, while only 20% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.3% | |
| Common-law: | 20.8% | |
| Single: | 16.7% | |
| Separated: | 4.2% |
