Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.25% | 0.01% |
| 2010: | 10.94% | 0.01% |
| 2009: | 10.94% | 0.01% |
| 2008: | 10.94% | 0.01% |
| 2007: | 9.38% | 0.01% |
| 2006: | 18.75% | 0.02% |
| 2005: | 14.06% | 0.02% |
| 2004: | 4.69% | 0.01% |
| 2003: | 9.38% | 0.01% |
| 2002: | 4.69% | 0.01% |
This bar graph displays the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Bradford happen to occur during our first quarter (represented by the brown bars) with 34.38% while our slowest is the fourth quarter (represented by the red bars) with 20.31%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | February: | 12.5% | |
| 2: | March: | 12.5% | |
| 3: | June: | 12.5% | |
| 4: | November: | 10.9% | |
| 5: | July: | 10.9% | |
| 6: | August: | 10.9% | |
| 7: | January: | 9.4% | |
| 8: | May: | 6.3% | |
| 9: | October: | 6.3% | |
| 10: | April: | 3.1% | |
| 11: | December: | 3.1% | |
| 12: | September: | 1.6% |
The information below shows the busy days for Internet applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Bradford, the day with the most volume, having more than 23.44% of all inquiries, is Thursday. In comparison, Saturday's are the slowest day with only 4.69% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 23.4% | |
| 2: | Tuesday: | 21.9% | |
| 3: | Monday: | 15.6% | |
| 4: | Wednesday: | 15.6% | |
| 5: | Friday: | 9.4% | |
| 6: | Sunday: | 9.4% | |
| 7: | Saturday: | 4.7% |
Bradford mortgage applications are received 24 hours a day on the CanEquity web site. The information shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 46.9% of all mortgages are received before noon, while 53.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 6.3% |
| 07:00 to 07:59: | 9.4% |
| 08:00 to 08:59: | 7.8% |
| 09:00 to 09:59: | 7.8% |
| 10:00 to 10:59: | 10.9% |
| 11:00 to 11:59: | 4.7% |
| 12:00 to 12:59: | 4.7% |
| 13:00 to 13:59: | 4.7% |
| 14:00 to 14:59: | 10.9% |
| 15:00 to 15:59: | 3.1% |
| 16:00 to 16:59: | 4.7% |
| 17:00 to 17:59: | 3.1% |
| 18:00 to 18:59: | 4.7% |
| 19:00 to 19:59: | 6.3% |
| 20:00 to 20:59: | 6.3% |
| 21:00 to 21:59: | 3.1% |
| 22:00 to 22:59: | 1.6% |
| 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 | |
|---|---|---|
| 061: | COBOURG, ON | 0.132% |
| 062: | LINDSAY, ON | 0.132% |
| 063: | STRATHROY, ON | 0.126% |
| 064: | OWEN SOUND, ON | 0.125% |
| 065: | FORT ERIE, ON | 0.123% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 21.9% | |
| Qualification: | 20.3% | |
| First-time Buyer: | 17.2% | |
| Renewal: | 15.6% | |
| Purchase: | 10.9% | |
| No Money Down: | 9.4% | |
| Low Doc: | 3.1% | |
| Home Renovation: | 1.6% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 69
Youngest age: 21
The figures below represent the average income of people living in Bradford who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bradford: | $55,138.02 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($4,360.45) |
| mortgage co-applicants in Bradford: | $52,800.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $10,396.87 |
The table and pie chart below represents the residential status of people living in Bradford who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 34.4% | |
| Own: | 51.6% | |
| Other: | 1.6% | |
| No Comment: | 1.6% | |
| Live with parents: | 10.9% |
The following information represents the marital status of applicants from Bradford, Ontario using the online mortgage application found on the CanEquity Mortgage web site. 65% of the mortgage applicants are either married or living common-law, while only 32% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.8% | |
| Single: | 21.9% | |
| Common-law: | 7.8% | |
| Divorced: | 6.3% | |
| Separated: | 4.7% | |
| Widowed: | 1.6% |
