Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 24.00% | 0.01% |
| 2010: | 16.00% | 0.01% |
| 2009: | 16.00% | 0.01% |
| 2008: | 12.00% | 0.01% |
| 2007: | 8.00% | 0.00% |
| 2006: | 16.00% | 0.01% |
| 2005: | 8.00% | 0.00% |
The bar graph listed below compares the busy days for online 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 Chelmsford the most busy day of the week, with 36.00% of all submissions, is Tuesday. In comparison, Wednesday's are the slowest day with only 4.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 36.0% | |
| 2: | Monday: | 24.0% | |
| 3: | Friday: | 12.0% | |
| 4: | Sunday: | 8.0% | |
| 5: | Thursday: | 8.0% | |
| 6: | Saturday: | 8.0% | |
| 7: | Wednesday: | 4.0% |
In Chelmsford, applications are received 24 hours a day from the CanEquity web site. The following represents the rush hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 8.0% |
| 08:00 to 08:59: | 4.0% |
| 09:00 to 09:59: | 12.0% |
| 10:00 to 10:59: | 12.0% |
| 11:00 to 11:59: | 8.0% |
| 14:00 to 14:59: | 4.0% |
| 16:00 to 16:59: | 16.0% |
| 17:00 to 17:59: | 4.0% |
| 19:00 to 19:59: | 24.0% |
| 20:00 to 20:59: | 8.0% |
| 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 | |
|---|---|---|
| 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% |
| 140: | KIRKLAND LAKE, ON | 0.045% |
| 1 | Mckerrow, Ontario |
| 2 | Copper Cliff, Ontario |
| 3 | Worthington, Ontario |
| 4 | Val Caron, Ontario |
| 5 | Azilda, Ontario |
| 6 | Lively, Ontario |
| 7 | Capreol, Ontario |
| 8 | Sudbury, Ontario |
| 9 | Garson, Ontario |
| 10 | Coniston, Ontario |
| 11 | Espanola, Ontario |
| 12 | Massey, Ontario |
| 13 | Hanmer, Ontario |
| 14 | Little Current, Ontario |
| 15 | Noelville, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 28.0% | |
| No Money Down: | 24.0% | |
| Qualification: | 20.0% | |
| Refinance: | 16.0% | |
| Renewal: | 8.0% | |
| Low Doc: | 4.0% | |
| Total Application Types Found: 6 | ||
Average age: 32
Oldest age: 54
Youngest age: 19
The numbers below represent the average income of people living in Chelmsford who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Chelmsford: | $45,860.20 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($13,638.27) |
| mortgage co-applicants in Chelmsford: | $41,600.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($803.13) |
The table and pie chart below represents the residential status of people living in Chelmsford who have submitted a mortgage inquiry using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 56.0% | |
| Own: | 40.0% | |
| Live with parents: | 4.0% |
The pie chart below represents the marital status of applicants from Chelmsford, Ontario using the mortgage application found at the CanEquity web site. In Chelmsford, approximately 80% of the mortgage applicants are either married or living common-law, while only 20% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 48.0% | |
| Common-law: | 32.0% | |
| Single: | 16.0% | |
| Divorced: | 4.0% |
