Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 15.00% | 0.01% |
| 2010: | 20.00% | 0.01% |
| 2009: | 5.00% | 0.00% |
| 2008: | 20.00% | 0.01% |
| 2006: | 10.00% | 0.00% |
| 2005: | 5.00% | 0.00% |
| 2003: | 25.00% | 0.01% |
In Corunna, mortgage applications are received 24 hours a day via the CanEquity web site. The following represents the peak hours within a 24-hour period. The data is taken from all days of all years. Only 40.0% of all mortgages are received before noon, while 60.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 5.0% |
| 08:00 to 08:59: | 10.0% |
| 09:00 to 09:59: | 10.0% |
| 10:00 to 10:59: | 5.0% |
| 11:00 to 11:59: | 10.0% |
| 12:00 to 12:59: | 5.0% |
| 13:00 to 13:59: | 10.0% |
| 14:00 to 14:59: | 5.0% |
| 15:00 to 15:59: | 30.0% |
| 18:00 to 18:59: | 10.0% |
| 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 | |
|---|---|---|
| 154: | SHELBURNE, ON | 0.042% |
| 155: | PENETANGUISHENE, ON | 0.040% |
| 156: | ESSEX, ON | 0.040% |
| 157: | WAWA, ON | 0.038% |
| 158: | FORT FRANCES, ON | 0.038% |
| 159: | CORUNNA, ON | 0.038% |
| 160: | MOUNT ALBERT, ON | 0.036% |
| 161: | SIOUX LOOKOUT, ON | 0.036% |
| 162: | GARSON, ON | 0.036% |
| 163: | FENELON FALLS, ON | 0.036% |
| 164: | CAMPBELLFORD, ON | 0.034% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 25.0% | |
| No Money Down: | 15.0% | |
| Refinance: | 15.0% | |
| Purchase: | 15.0% | |
| Commercial: | 10.0% | |
| First-time Buyer: | 10.0% | |
| Qualification: | 5.0% | |
| Variable Rate: | 5.0% | |
| Total Application Types Found: 8 | ||
Average age: 37
Oldest age: 59
Youngest age: 24
The amounts below are the average income of applicants living in Corunna who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Corunna: | $64,744.44 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $5,245.98 |
| mortgage co-applicants in Corunna: | $41,200.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($1,203.13) |
The pie chart below shows the residential status of people living in Corunna who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 35.0% | |
| Own: | 65.0% |
The following table and pie chart represents the marital status of applicants from Corunna, Ontario using the mortgage preapproval application found on canequity.com. In Corunna, 85% of the mortgage applicants are living common-law or married, while only 15% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.0% | |
| Common-law: | 25.0% | |
| Single: | 10.0% | |
| Separated: | 5.0% |
