Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.14% | 0.01% |
| 2010: | 5.36% | 0.01% |
| 2009: | 14.29% | 0.01% |
| 2008: | 12.50% | 0.01% |
| 2007: | 16.07% | 0.02% |
| 2006: | 21.43% | 0.02% |
| 2005: | 14.29% | 0.01% |
| 2004: | 5.36% | 0.01% |
| 2003: | 3.57% | 0.00% |
The following depicts the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Collingwood usually occur during our first quarter (represented by the brown bars) with 48.21% while our slowest is the fourth quarter (represented by the red bars) with 8.93%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 17.9% | |
| 2: | March: | 16.1% | |
| 3: | February: | 14.3% | |
| 4: | May: | 8.9% | |
| 5: | April: | 8.9% | |
| 6: | June: | 8.9% | |
| 7: | September: | 8.9% | |
| 8: | October: | 7.1% | |
| 9: | July: | 3.6% | |
| 10: | August: | 3.6% | |
| 11: | November: | 1.8% | |
| 12: | December: | 0.0% |
The bar graph below shows the busy days for mortgage 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 Collingwood, the day with the most volume, having more than 25.00% of all inquiries, is Monday. In comparison, Thursday's are the slowest day with only 5.36% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 25.0% | |
| 2: | Tuesday: | 25.0% | |
| 3: | Saturday: | 14.3% | |
| 4: | Friday: | 10.7% | |
| 5: | Wednesday: | 10.7% | |
| 6: | Sunday: | 8.9% | |
| 7: | Thursday: | 5.4% |
Mortgage inquiries are received 24 hours a day from our web site. The following indicates the busy 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: | 3.6% |
| 04:00 to 04:59: | 1.8% |
| 05:00 to 05:59: | 1.8% |
| 07:00 to 07:59: | 8.9% |
| 08:00 to 08:59: | 7.1% |
| 09:00 to 09:59: | 8.9% |
| 10:00 to 10:59: | 5.4% |
| 11:00 to 11:59: | 10.7% |
| 12:00 to 12:59: | 8.9% |
| 13:00 to 13:59: | 3.6% |
| 14:00 to 14:59: | 1.8% |
| 15:00 to 15:59: | 8.9% |
| 16:00 to 16:59: | 5.4% |
| 17:00 to 17:59: | 5.4% |
| 18:00 to 18:59: | 7.1% |
| 19:00 to 19:59: | 3.6% |
| 20:00 to 20:59: | 3.6% |
| 21:00 to 21:59: | 1.8% |
| 23:00 to 23:59: | 1.8% |
| 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 | |
|---|---|---|
| 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% |
| 072: | TILLSONBURG, ON | 0.100% |
| 073: | ALLISTON, ON | 0.100% |
| 074: | COURTICE, ON | 0.100% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 26.8% | |
| Qualification: | 23.2% | |
| Refinance: | 19.6% | |
| No Money Down: | 17.9% | |
| Renewal: | 8.9% | |
| Pre-approval: | 3.6% | |
| Total Application Types Found: 6 | ||
Average age: 37
Oldest age: 66
Youngest age: 23
The amounts shown below represent the average income of people living in Collingwood who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Collingwood: | $43,871.13 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($15,627.34) |
| mortgage co-applicants in Collingwood: | $29,592.29 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($12,810.84) |
The following depicts the residential status of people living in Collingwood who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 55.4% | |
| Own: | 39.3% | |
| Other: | 1.8% | |
| Live with parents: | 3.6% |
The information below shows the marital status of applicants from Collingwood, Ontario using the online mortgage application found at the CanEquity web site. Over 57% of the mortgage applicants are living with someone, while only 42% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 35.7% | |
| Single: | 25.0% | |
| Common-law: | 21.4% | |
| Divorced: | 10.7% | |
| Separated: | 7.1% |
