Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.69% | 0.00% |
| 2010: | 15.39% | 0.01% |
| 2009: | 11.54% | 0.01% |
| 2008: | 11.54% | 0.01% |
| 2007: | 7.69% | 0.00% |
| 2006: | 11.54% | 0.01% |
| 2005: | 3.85% | 0.00% |
| 2004: | 23.08% | 0.01% |
| 2002: | 7.69% | 0.00% |
The information below shows the busy days for mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Brighton the busiest day, with approximately 30.77% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 7.69% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 30.8% | |
| 2: | Friday: | 15.4% | |
| 3: | Wednesday: | 15.4% | |
| 4: | Sunday: | 15.4% | |
| 5: | Monday: | 7.7% | |
| 6: | Thursday: | 7.7% | |
| 7: | Saturday: | 7.7% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the busy hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 3.8% |
| 05:00 to 05:59: | 7.7% |
| 06:00 to 06:59: | 7.7% |
| 07:00 to 07:59: | 11.5% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 11.5% |
| 11:00 to 11:59: | 3.8% |
| 12:00 to 12:59: | 7.7% |
| 13:00 to 13:59: | 3.8% |
| 15:00 to 15:59: | 3.8% |
| 16:00 to 16:59: | 7.7% |
| 17:00 to 17:59: | 7.7% |
| 21:00 to 21:59: | 11.5% |
| 23:00 to 23:59: | 7.7% |
| 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 | |
|---|---|---|
| 129: | KAPUSKASING, ON | 0.049% |
| 130: | KENORA, ON | 0.049% |
| 131: | PORT ELGIN, ON | 0.049% |
| 132: | RENFREW, ON | 0.049% |
| 133: | TOTTENHAM, ON | 0.049% |
| 134: | BRIGHTON, ON | 0.049% |
| 135: | CHELMSFORD, ON | 0.047% |
| 136: | ARNPRIOR, ON | 0.047% |
| 137: | KINCARDINE, ON | 0.047% |
| 138: | PORT DOVER, ON | 0.047% |
| 139: | GRAVENHURST, ON | 0.045% |
| 1 | Wooler, Ontario |
| 2 | Colborne, Ontario |
| 3 | Codrington, Ontario |
| 4 | Carrying Place, Ontario |
| 5 | Grafton, Ontario |
| 6 | Milford, Ontario |
| 7 | Trenton, Ontario |
| 8 | Campbellford, Ontario |
| 9 | Belleville, Ontario |
| 10 | Corbyville, Ontario |
| 11 | Frankford, Ontario |
| 12 | Bloomfield, Ontario |
| 13 | Baltimore, Ontario |
| 14 | Perth Road, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 30.8% | |
| First-time Buyer: | 19.2% | |
| No Money Down: | 15.4% | |
| Refinance: | 15.4% | |
| Purchase: | 7.7% | |
| Low Doc: | 3.8% | |
| Renewal: | 3.8% | |
| Short Term Open: | 3.8% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 68
Youngest age: 24
The numbers below represent the average income of Canadians living in Brighton who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Brighton: | $65,430.38 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $5,931.91 |
| mortgage co-applicants in Brighton: | $31,580.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($10,823.13) |
The pie chart below shows the residential status of people living in Brighton who have applied for a mortgage loan using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.3% | |
| Own: | 42.3% | |
| No Comment: | 7.7% | |
| Live with parents: | 7.7% |
The following table and pie chart represents the marital status of applicants from Brighton, Ontario using the mortgage application found at canequity.com. In Brighton, over 57% of the mortgage applicants are living common-law or married, while only 38% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 30.8% | |
| Common-law: | 7.7% | |
| Separated: | 7.7% | |
| Widowed: | 3.8% |
