Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.14% | 0.01% |
| 2010: | 11.90% | 0.01% |
| 2009: | 23.81% | 0.02% |
| 2008: | 16.67% | 0.01% |
| 2007: | 7.14% | 0.01% |
| 2006: | 14.29% | 0.01% |
| 2005: | 7.14% | 0.01% |
| 2003: | 7.14% | 0.01% |
| 2002: | 4.76% | 0.00% |
The graph below compares the busy days for mortgage inquiries that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Bracebridge the busiest day of the week, with 23.81% of all applications, is Wednesday. In comparison, Sunday's are the slowest day with only 4.76% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 23.8% | |
| 2: | Tuesday: | 21.4% | |
| 3: | Thursday: | 19.1% | |
| 4: | Monday: | 14.3% | |
| 5: | Friday: | 9.5% | |
| 6: | Saturday: | 7.1% | |
| 7: | Sunday: | 4.8% |
Applications are received 24 hours a day via the CanEquity web site. The time periods below represents the busy hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 04:00 to 04:59: | 2.4% |
| 07:00 to 07:59: | 2.4% |
| 08:00 to 08:59: | 11.9% |
| 09:00 to 09:59: | 4.8% |
| 10:00 to 10:59: | 9.5% |
| 11:00 to 11:59: | 14.3% |
| 12:00 to 12:59: | 2.4% |
| 13:00 to 13:59: | 14.3% |
| 14:00 to 14:59: | 4.8% |
| 15:00 to 15:59: | 2.4% |
| 16:00 to 16:59: | 4.8% |
| 17:00 to 17:59: | 7.1% |
| 18:00 to 18:59: | 4.8% |
| 19:00 to 19:59: | 4.8% |
| 20:00 to 20:59: | 2.4% |
| 21:00 to 21:59: | 4.8% |
| 22:00 to 22:59: | 2.4% |
| 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 | |
|---|---|---|
| 081: | SMITHS FALLS, ON | 0.087% |
| 082: | MIDLAND, ON | 0.085% |
| 083: | STOUFFVILLE, ON | 0.085% |
| 084: | ACTON, ON | 0.083% |
| 085: | WATERDOWN, ON | 0.081% |
| 086: | BRACEBRIDGE, ON | 0.079% |
| 087: | CALEDONIA, ON | 0.077% |
| 088: | LEAMINGTON, ON | 0.077% |
| 089: | BROOKLIN, ON | 0.076% |
| 090: | PORT COLBORNE, ON | 0.076% |
| 091: | PARIS, ON | 0.076% |
| 1 | Minden, Ontario |
| 2 | Rosseau, Ontario |
| 3 | Kinmount, Ontario |
| 4 | Kilworthy, Ontario |
| 5 | Novar, Ontario |
| 6 | Baysville, Ontario |
| 7 | Dorset, Ontario |
| 8 | Sprucedale, Ontario |
| 9 | Gravenhurst, Ontario |
| 10 | Gooderham, Ontario |
| 11 | Severn Bridge, Ontario |
| 12 | Norland, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 26.2% | |
| Refinance: | 21.4% | |
| First-time Buyer: | 21.4% | |
| No Money Down: | 9.5% | |
| Purchase: | 7.1% | |
| Renewal: | 4.8% | |
| Variable Rate: | 4.8% | |
| Pre-approval: | 2.4% | |
| Second Mortgage: | 2.4% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 65
Youngest age: 21
The numbers below represent the average income of Canadians living in Bracebridge who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bracebridge: | $48,443.77 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($11,054.70) |
| mortgage co-applicants in Bracebridge: | $38,743.75 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($3,659.38) |
The following table represents the residential status of people living in Bracebridge who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.7% | |
| Own: | 57.1% | |
| Other: | 2.4% | |
| No Comment: | 2.4% | |
| Live with parents: | 2.4% |
The following table and pie chart represents the marital status of applicants from Bracebridge, Ontario using the preapproval application found at canequity.com. Approximately 71% of the mortgage applicants are living common-law or married, while only 28% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.9% | |
| Common-law: | 28.6% | |
| Single: | 19.0% | |
| Divorced: | 4.8% | |
| Separated: | 4.8% |
