Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 12.99% | 0.02% |
| 2010: | 7.79% | 0.01% |
| 2009: | 15.58% | 0.02% |
| 2008: | 9.09% | 0.01% |
| 2007: | 14.29% | 0.02% |
| 2006: | 11.69% | 0.02% |
| 2005: | 9.09% | 0.01% |
| 2004: | 6.49% | 0.01% |
| 2003: | 9.09% | 0.01% |
| 2002: | 3.90% | 0.01% |
The following bar graph illustrates the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Dundas happen to occur during our first quarter (represented by the brown bars) with 35.06% while our slowest is the second quarter (represented by the green bars) with 16.88%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | July: | 14.3% | |
| 2: | November: | 11.7% | |
| 3: | January: | 11.7% | |
| 4: | February: | 11.7% | |
| 5: | March: | 11.7% | |
| 6: | October: | 10.4% | |
| 7: | May: | 7.8% | |
| 8: | September: | 7.8% | |
| 9: | April: | 5.2% | |
| 10: | December: | 3.9% | |
| 11: | June: | 3.9% | |
| 12: | December: | 0.0% |
The information listed below illustrates the busy days for online mortgage applications that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Dundas, the day with the most volume, having more than 20.78% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 6.49% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.8% | |
| 2: | Wednesday: | 18.2% | |
| 3: | Thursday: | 16.9% | |
| 4: | Sunday: | 14.3% | |
| 5: | Monday: | 11.7% | |
| 6: | Friday: | 11.7% | |
| 7: | Saturday: | 6.5% |
Dundas mortgage applications are received 24 hours a day via the CanEquity web site. The report shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.3% |
| 03:00 to 03:59: | 1.3% |
| 05:00 to 05:59: | 2.6% |
| 06:00 to 06:59: | 2.6% |
| 07:00 to 07:59: | 5.2% |
| 08:00 to 08:59: | 3.9% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 9.1% |
| 11:00 to 11:59: | 15.6% |
| 12:00 to 12:59: | 2.6% |
| 13:00 to 13:59: | 5.2% |
| 14:00 to 14:59: | 6.5% |
| 15:00 to 15:59: | 6.5% |
| 16:00 to 16:59: | 1.3% |
| 17:00 to 17:59: | 5.2% |
| 18:00 to 18:59: | 3.9% |
| 19:00 to 19:59: | 7.8% |
| 20:00 to 20:59: | 9.1% |
| 21:00 to 21:59: | 1.3% |
| 22:00 to 22:59: | 1.3% |
| 23:00 to 23:59: | 1.3% |
| 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 | |
|---|---|---|
| 052: | BROCKVILLE, ON | 0.155% |
| 053: | KESWICK, ON | 0.153% |
| 054: | GEORGETOWN, ON | 0.153% |
| 055: | BOWMANVILLE, ON | 0.151% |
| 056: | STRATFORD, ON | 0.145% |
| 057: | DUNDAS, ON | 0.145% |
| 058: | TRENTON, ON | 0.145% |
| 059: | SIMCOE, ON | 0.136% |
| 060: | MAPLE, ON | 0.134% |
| 061: | COBOURG, ON | 0.132% |
| 062: | LINDSAY, ON | 0.132% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 28.6% | |
| Qualification: | 16.9% | |
| Refinance: | 15.6% | |
| Renewal: | 14.3% | |
| Purchase: | 11.7% | |
| No Money Down: | 6.5% | |
| Pre-approval: | 3.9% | |
| Second Mortgage: | 1.3% | |
| Variable Rate: | 1.3% | |
| Total Application Types Found: 9 | ||
Average age: 38
Oldest age: 65
Youngest age: 19
The amounts shown below represent the average income of people living in Dundas who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Dundas: | $56,788.08 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($2,710.38) |
| mortgage co-applicants in Dundas: | $44,072.63 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $1,669.50 |
The chart and pie-graph below depicts the residential status of people living in Dundas who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.3% | |
| Own: | 41.6% | |
| Other: | 3.9% | |
| No Comment: | 2.6% | |
| Live with parents: | 11.7% |
The following table and pie chart represents the marital status of applicants from Dundas, Ontario using the online mortgage application found on the CanEquity Mortgage web site. In Dundas, 57% of the mortgage applicants are living with someone, while only 41% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 49.4% | |
| Single: | 33.8% | |
| Common-law: | 7.8% | |
| Divorced: | 3.9% | |
| Separated: | 3.9% | |
| Widowed: | 1.3% |
