Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 8.70% | * 0.00% |
| 2009: | 17.39% | 0.01% |
| 2008: | 13.04% | 0.01% |
| 2007: | 17.39% | 0.01% |
| 2006: | 13.04% | 0.01% |
| 2005: | 4.35% | 0.00% |
| 2004: | 8.70% | 0.00% |
| 2003: | 13.04% | 0.01% |
| 2002: | 4.35% | 0.00% |
In Elliot Lake, inquiries are received 24 hours a day via the CanEquity web site. The statistics shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 8.7% |
| 08:00 to 08:59: | 17.4% |
| 09:00 to 09:59: | 4.3% |
| 10:00 to 10:59: | 17.4% |
| 11:00 to 11:59: | 8.7% |
| 12:00 to 12:59: | 4.3% |
| 13:00 to 13:59: | 4.3% |
| 14:00 to 14:59: | 8.7% |
| 15:00 to 15:59: | 4.3% |
| 17:00 to 17:59: | 4.3% |
| 19:00 to 19:59: | 8.7% |
| 21:00 to 21:59: | 4.3% |
| 23:00 to 23:59: | 4.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.21% |
| British Columbia: | 10.79% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.19% |
| Newfoundland and Labrador: | 1.17% |
| Nova Scotia: | 3.03% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 48.60% |
| Prince Edward Island: | 0.46% |
| Quebec: | 4.12% |
| Saskatchewan: | 5.02% |
| Yukon Territories: | 0.28% |
| Location | Contribution | |
|---|---|---|
| 123: | BELLE RIVER, ON | 0.053% |
| 124: | NEWCASTLE, ON | 0.053% |
| 125: | BRIGHTON, ON | 0.053% |
| 126: | ROCKLAND, ON | 0.050% |
| 127: | KENORA, ON | 0.050% |
| 128: | ELLIOT LAKE, ON | 0.050% |
| 129: | PORT DOVER, ON | 0.050% |
| 130: | TOTTENHAM, ON | 0.050% |
| 131: | BANCROFT, ON | 0.050% |
| 132: | KAPUSKASING, ON | 0.048% |
| 133: | PORT ELGIN, ON | 0.048% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 39.1% | |
| Qualification: | 17.4% | |
| No Money Down: | 8.7% | |
| Pre-approval: | 8.7% | |
| Refinance: | 8.7% | |
| Variable Rate: | 8.7% | |
| Renewal: | 4.3% | |
| Purchase: | 4.3% | |
| Total Application Types Found: 8 | ||
Average age: 40
Oldest age: 70
Youngest age: 19
The amounts shown below represent the average income of Canadians living in Elliot Lake who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Elliot Lake: | $56,234.43 |
| applicants within all of Canada: | $58,950.13 |
| Difference: | ($2,715.70) |
| mortgage co-applicants in Elliot Lake: | $37,427.17 |
| co-applicants within all of Canada: | $41,517.38 |
| Difference: | ($4,090.21) |
The table and pie chart below represents the residential status of people living in Elliot Lake who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 56.5% | |
| Own: | 34.8% | |
| No Comment: | 4.3% | |
| Live with parents: | 4.3% |
The pie chart below represents the marital status of applicants from Elliot Lake, Ontario using the online mortgage application found on canequity.com. In Elliot Lake, 73% of the mortgage applicants are living common-law or married, while only 21% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 60.9% | |
| Single: | 17.4% | |
| Common-law: | 13.0% | |
| Widowed: | 4.3% | |
| Separated: | 4.3% |
