Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 30.43% | 0.01% |
| 2010: | 26.09% | 0.01% |
| 2009: | 8.70% | 0.00% |
| 2008: | 13.04% | 0.01% |
| 2007: | 4.35% | 0.00% |
| 2006: | 8.70% | 0.00% |
| 2005: | 4.35% | 0.00% |
| 2004: | 4.35% | 0.00% |
Mortgage inquiries are received 24 hours a day from the CanEquity web site. The statistics shown below represents the rush hours in the day. The data is taken from all days of all years. Only 13.0% of all mortgages are received during the morning, while 78.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.3% |
| 01:00 to 01:59: | 4.3% |
| 08:00 to 08:59: | 4.3% |
| 09:00 to 09:59: | 4.3% |
| 10:00 to 10:59: | 4.3% |
| 12:00 to 12:59: | 4.3% |
| 13:00 to 13:59: | 8.7% |
| 14:00 to 14:59: | 4.3% |
| 15:00 to 15:59: | 4.3% |
| 16:00 to 16:59: | 4.3% |
| 17:00 to 17:59: | 4.3% |
| 18:00 to 18:59: | 8.7% |
| 19:00 to 19:59: | 21.7% |
| 20:00 to 20:59: | 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: | 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 | |
|---|---|---|
| 144: | BORDEN, ON | 0.045% |
| 145: | ROCKLAND, ON | 0.043% |
| 146: | BLENHEIM, ON | 0.043% |
| 147: | COCHRANE, ON | 0.043% |
| 148: | YORK, ON | 0.043% |
| 149: | ESPANOLA, ON | 0.043% |
| 150: | ST MARYS, ON | 0.042% |
| 151: | WALKERTON, ON | 0.042% |
| 152: | NIAGARA ON THE LAKE, ON | 0.042% |
| 153: | ALMONTE, ON | 0.042% |
| 154: | SHELBURNE, ON | 0.042% |
| 1 | Little Current, Ontario |
| 2 | Mckerrow, Ontario |
| 3 | Worthington, Ontario |
| 4 | Massey, Ontario |
| 5 | Mindemoya, Ontario |
| 6 | Lively, Ontario |
| 7 | Wikwemikong, Ontario |
| 8 | Copper Cliff, Ontario |
| 9 | Sudbury, Ontario |
| 10 | Azilda, Ontario |
| 11 | Garson, Ontario |
| 12 | Coniston, Ontario |
| 13 | Chelmsford, Ontario |
| 14 | Val Caron, Ontario |
| 15 | Hanmer, Ontario |
| 16 | Noelville, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 47.8% | |
| Purchase: | 21.7% | |
| Refinance: | 8.7% | |
| Qualification: | 8.7% | |
| No Money Down: | 8.7% | |
| Commercial: | 4.3% | |
| Total Application Types Found: 6 | ||
Average age: 35
Oldest age: 61
Youngest age: 19
The amounts shown below represent the average income of applicants living in Espanola 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 Espanola: | $58,408.57 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($1,089.89) |
| mortgage co-applicants in Espanola: | $32,650.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($9,753.13) |
The information below represents the residential status of people living in Espanola who have applied for a mortgage using CanEquity's preapproval application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 60.9% | |
| Own: | 21.7% | |
| Other: | 8.7% | |
| Live with parents: | 8.7% |
The following table and pie chart represents the marital status of applicants from Espanola, Ontario using the preapproval application located at canequity.com. Over 60% of the mortgage applicants are living common-law or married, while only 39% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 34.8% | |
| Common-law: | 26.1% | |
| Single: | 26.1% | |
| Separated: | 8.7% | |
| Divorced: | 4.3% |
