Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 10.52% | * 0.17% |
| 2009: | 16.97% | 0.27% |
| 2008: | 11.08% | 0.17% |
| 2007: | 14.16% | 0.22% |
| 2006: | 11.92% | 0.19% |
| 2005: | 10.24% | 0.16% |
| 2004: | 11.92% | 0.19% |
| 2003: | 8.55% | 0.13% |
| 2002: | 4.63% | 0.07% |
This graph illustrates CanEquity's individual monthly volume history for Internet mortgage applications sent from Brampton, ON.
The 6-year bar graph below depicts the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Brampton occur during our first quarter (represented by the brown bars) with 33.24% while our slowest is the fourth quarter (represented by the red bars) with 14.45%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 13.7% | |
| 2: | January: | 10.1% | |
| 3: | April: | 10.0% | |
| 4: | July: | 9.7% | |
| 5: | February: | 9.4% | |
| 6: | August: | 9.4% | |
| 7: | May: | 8.0% | |
| 8: | June: | 8.0% | |
| 9: | September: | 7.3% | |
| 10: | October: | 5.9% | |
| 11: | November: | 4.9% | |
| 12: | December: | 3.6% |
The graph below displays 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 Brampton the busiest day, with approximately 20.62% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 7.99% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.6% | |
| 2: | Monday: | 17.1% | |
| 3: | Thursday: | 16.4% | |
| 4: | Wednesday: | 15.7% | |
| 5: | Friday: | 11.6% | |
| 6: | Sunday: | 10.5% | |
| 7: | Saturday: | 8.0% |
Inquiries are received 24 hours a day from the CanEquity web site. The time periods 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: | 0.7% |
| 01:00 to 01:59: | 0.7% |
| 02:00 to 02:59: | 0.4% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.6% |
| 05:00 to 05:59: | 1.1% |
| 06:00 to 06:59: | 2.7% |
| 07:00 to 07:59: | 6.5% |
| 08:00 to 08:59: | 5.6% |
| 09:00 to 09:59: | 6.3% |
| 10:00 to 10:59: | 11.2% |
| 11:00 to 11:59: | 5.5% |
| 12:00 to 12:59: | 7.9% |
| 13:00 to 13:59: | 5.3% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 4.8% |
| 16:00 to 16:59: | 5.5% |
| 17:00 to 17:59: | 4.9% |
| 18:00 to 18:59: | 7.7% |
| 19:00 to 19:59: | 5.3% |
| 20:00 to 20:59: | 4.3% |
| 21:00 to 21:59: | 3.5% |
| 22:00 to 22:59: | 1.7% |
| 23:00 to 23:59: | 1.1% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.21% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 001: | TORONTO, ON | 4.845% |
| 002: | MISSISSAUGA, ON | 2.588% |
| 003: | OTTAWA, ON | 2.430% |
| 004: | BRAMPTON, ON | 1.565% |
| 005: | LONDON, ON | 1.561% |
| 006: | HAMILTON, ON | 1.508% |
| 007: | KITCHENER, ON | 1.047% |
| 008: | SCARBOROUGH, ON | 0.905% |
| 009: | BARRIE, ON | 0.839% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 19.5% | |
| Refinance: | 18.7% | |
| First-time Buyer: | 16.7% | |
| Renewal: | 16.5% | |
| No Money Down: | 10.9% | |
| Purchase: | 7.4% | |
| Variable Rate: | 2.2% | |
| Investment: | 1.5% | |
| Pre-approval: | 1.1% | |
| Second Mortgage: | 1.0% | |
| Equity Mortgage: | 1.0% | |
| Other: | 3.2% | |
| Total Application Types Found: 19 | ||
Average age: 38
Oldest age: 83
Youngest age: 21
The amounts below are the average income of applicants living in Brampton who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Brampton: | $55,975.26 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | ($2,974.86) |
| mortgage co-applicants in Brampton: | $40,627.47 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | ($889.92) |
The information shown below represents the residential status of people living in Brampton who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 34.9% | |
| Own: | 53.7% | |
| Other: | 1.7% | |
| No Comment: | 3.1% | |
| Live with parents: | 6.6% |
The following pie chart represents the marital status of applicants from Brampton, Ontario using the mortgage preapproval application found on canequity.com. In Brampton, over 67% of the mortgage applicants are living together with someone, while only 30% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.6% | |
| Single: | 23.7% | |
| Common-law: | 10.2% | |
| Divorced: | 4.1% | |
| Separated: | 3.2% | |
| Widowed: | 1.1% |
