Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 9.43% | 0.01% |
| 2010: | 3.77% | 0.00% |
| 2009: | 18.87% | 0.02% |
| 2008: | 7.55% | 0.01% |
| 2007: | 9.43% | 0.01% |
| 2006: | 18.87% | 0.02% |
| 2005: | 5.66% | 0.01% |
| 2004: | 15.09% | 0.01% |
| 2003: | 7.55% | 0.01% |
| 2002: | 3.77% | 0.00% |
The graph below represents the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Courtice mostly occur during our second quarter (represented by the green bars) with 30.19% while our slowest is the fourth quarter (represented by the red bars) with 18.87%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 17.0% | |
| 2: | July: | 13.2% | |
| 3: | February: | 11.3% | |
| 4: | March: | 9.4% | |
| 5: | January: | 7.5% | |
| 6: | May: | 7.5% | |
| 7: | December: | 7.5% | |
| 8: | October: | 7.5% | |
| 9: | August: | 5.7% | |
| 10: | June: | 5.7% | |
| 11: | November: | 3.8% | |
| 12: | September: | 3.8% |
The information listed below illustrates the busy days for online applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Courtice the busiest day, with 24.53% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 7.55% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 24.5% | |
| 2: | Tuesday: | 17.0% | |
| 3: | Wednesday: | 17.0% | |
| 4: | Thursday: | 15.1% | |
| 5: | Friday: | 9.4% | |
| 6: | Sunday: | 9.4% | |
| 7: | Saturday: | 7.5% |
Inquiries are received 24 hours a day via the CanEquity web site. The statistics shown below represents the busy hours in the day. The data is taken from all days of all years. Only 41.5% of all mortgages are received before noon, while 56.6% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 1.9% |
| 04:00 to 04:59: | 1.9% |
| 05:00 to 05:59: | 3.8% |
| 06:00 to 06:59: | 1.9% |
| 07:00 to 07:59: | 9.4% |
| 08:00 to 08:59: | 11.3% |
| 09:00 to 09:59: | 3.8% |
| 10:00 to 10:59: | 3.8% |
| 11:00 to 11:59: | 5.7% |
| 12:00 to 12:59: | 7.5% |
| 13:00 to 13:59: | 5.7% |
| 14:00 to 14:59: | 1.9% |
| 15:00 to 15:59: | 7.5% |
| 16:00 to 16:59: | 9.4% |
| 17:00 to 17:59: | 3.8% |
| 18:00 to 18:59: | 11.3% |
| 19:00 to 19:59: | 1.9% |
| 20:00 to 20:59: | 3.8% |
| 21:00 to 21:59: | 1.9% |
| 23:00 to 23:59: | 1.9% |
| 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 | |
|---|---|---|
| 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% |
| 075: | GRIMSBY, ON | 0.098% |
| 076: | PORT HOPE, ON | 0.098% |
| 077: | LASALLE, ON | 0.098% |
| 078: | GLOUCESTER, ON | 0.096% |
| 079: | PEMBROKE, ON | 0.094% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.5% | |
| First-time Buyer: | 20.8% | |
| Refinance: | 18.9% | |
| Renewal: | 11.3% | |
| No Money Down: | 9.4% | |
| Purchase: | 7.5% | |
| Low Doc: | 1.9% | |
| Pre-approval: | 1.9% | |
| Commercial: | 1.9% | |
| Variable Rate: | 1.9% | |
| Total Application Types Found: 10 | ||
Average age: 38
Oldest age: 58
Youngest age: 20
The numbers below represent the average income of Canadians living in Courtice who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Courtice: | $57,943.22 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($1,555.25) |
| mortgage co-applicants in Courtice: | $39,460.62 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($2,942.51) |
The following depicts the residential status of people living in Courtice who have applied for a mortgage loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 30.2% | |
| Own: | 56.6% | |
| Other: | 1.9% | |
| No Comment: | 1.9% | |
| Live with parents: | 9.4% |
The following information represents the marital status of applicants from Courtice, Ontario using the preapproval application found at canequity.com. In Courtice, 66% of the mortgage applicants are living with someone, while only 33% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.6% | |
| Single: | 24.5% | |
| Common-law: | 9.4% | |
| Divorced: | 7.5% | |
| Separated: | 1.9% |
