Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 17.65% | 0.01% |
| 2009: | 17.65% | 0.01% |
| 2008: | 5.88% | 0.00% |
| 2007: | 5.88% | 0.00% |
| 2006: | 23.53% | 0.01% |
| 2005: | 17.65% | 0.01% |
| 2003: | 11.77% | 0.00% |
| 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 | |
|---|---|---|
| 173: | MOUNT FOREST, ON | 0.032% |
| 174: | ELORA, ON | 0.032% |
| 175: | HAVELOCK, ON | 0.032% |
| 176: | MARMORA, ON | 0.032% |
| 177: | MINDEN, ON | 0.032% |
| 178: | DURHAM, ON | 0.032% |
| 179: | SPENCERVILLE, ON | 0.032% |
| 180: | CAYUGA, ON | 0.030% |
| 181: | WATERFORD, ON | 0.030% |
| 182: | MOUNT HOPE, ON | 0.030% |
| 183: | ELMVALE, ON | 0.030% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 29.4% | |
| First-time Buyer: | 23.5% | |
| Purchase: | 11.8% | |
| Qualification: | 11.8% | |
| No Money Down: | 11.8% | |
| Fixed Rate: | 5.9% | |
| Commercial: | 5.9% | |
| Total Application Types Found: 7 | ||
Average age: 41
Oldest age: 67
Youngest age: 20
The numbers below represent the average income of Canadians living in Durham who have applied for a home loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Durham: | $74,340.93 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $14,842.47 |
| mortgage co-applicants in Durham: | $48,285.71 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $5,882.58 |
The table and pie chart below represents the residential status of people living in Durham who have submitted an inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 41.2% | |
| Own: | 52.9% | |
| Live with parents: | 5.9% |
The following pie chart represents the marital status of applicants from Durham, Ontario using the mortgage application found at the CanEquity web site. In Durham, over 82% of the mortgage applicants are living together with someone, while only 17% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 64.7% | |
| Common-law: | 17.6% | |
| Single: | 17.6% |
