Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 5.41% | * 0.00% |
| 2009: | 16.22% | 0.01% |
| 2008: | 16.22% | 0.01% |
| 2007: | 10.81% | 0.01% |
| 2006: | 10.81% | 0.01% |
| 2005: | 18.92% | 0.01% |
| 2004: | 10.81% | 0.01% |
| 2003: | 5.41% | 0.00% |
| 2002: | 5.41% | 0.00% |
The bar graph 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 Brooklin the busiest day of the week, with 32.43% of all applications, is Wednesday. In comparison, Saturday's are the slowest day with only 5.41% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 32.4% | |
| 2: | Monday: | 21.6% | |
| 3: | Thursday: | 13.5% | |
| 4: | Sunday: | 10.8% | |
| 5: | Tuesday: | 8.1% | |
| 6: | Friday: | 8.1% | |
| 7: | Saturday: | 5.4% |
In Brooklin, 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.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 2.7% |
| 06:00 to 06:59: | 5.4% |
| 07:00 to 07:59: | 16.2% |
| 08:00 to 08:59: | 2.7% |
| 09:00 to 09:59: | 5.4% |
| 10:00 to 10:59: | 5.4% |
| 11:00 to 11:59: | 8.1% |
| 12:00 to 12:59: | 5.4% |
| 13:00 to 13:59: | 2.7% |
| 14:00 to 14:59: | 5.4% |
| 15:00 to 15:59: | 2.7% |
| 16:00 to 16:59: | 8.1% |
| 17:00 to 17:59: | 10.8% |
| 18:00 to 18:59: | 8.1% |
| 19:00 to 19:59: | 5.4% |
| 20:00 to 20:59: | 2.7% |
| 23:00 to 23:59: | 2.7% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.20% |
| 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: | 0.47% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.29% |
| Location | Contribution | |
|---|---|---|
| 080: | FERGUS, ON | 0.090% |
| 081: | ACTON, ON | 0.088% |
| 082: | MIDLAND, ON | 0.086% |
| 083: | STOUFFVILLE, ON | 0.083% |
| 084: | AMHERSTBURG, ON | 0.081% |
| 085: | BROOKLIN, ON | 0.081% |
| 086: | TECUMSEH, ON | 0.081% |
| 087: | LEAMINGTON, ON | 0.079% |
| 088: | WATERDOWN, ON | 0.079% |
| 089: | PORT COLBORNE, ON | 0.077% |
| 090: | PARIS, ON | 0.077% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.3% | |
| Refinance: | 21.6% | |
| Renewal: | 13.5% | |
| Purchase: | 13.5% | |
| No Money Down: | 8.1% | |
| First-time Buyer: | 8.1% | |
| Variable Rate: | 5.4% | |
| Recreational: | 2.7% | |
| Equity Mortgage: | 2.7% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 55
Youngest age: 21
The numbers below represent the average income of applicants living in Brooklin who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Brooklin: | $68,333.29 |
| applicants within all of Canada: | $58,945.88 |
| Difference: | $9,387.42 |
| mortgage co-applicants in Brooklin: | $51,644.05 |
| co-applicants within all of Canada: | $41,522.27 |
| Difference: | $10,121.78 |
The information below represents the residential status of people living in Brooklin who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 24.3% | |
| Own: | 67.6% | |
| No Comment: | 2.7% | |
| Live with parents: | 5.4% |
The following table and pie chart represents the marital status of applicants from Brooklin, Ontario using the mortgage application located at canequity.com. 89% of the mortgage applicants are living common-law or married, while only 10% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 83.8% | |
| Single: | 10.8% | |
| Common-law: | 5.4% |
