Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 10.71% | 0.06% |
| 2010: | 8.57% | 0.04% |
| 2009: | 14.64% | 0.08% |
| 2008: | 10.71% | 0.06% |
| 2007: | 8.93% | 0.05% |
| 2006: | 7.50% | 0.04% |
| 2005: | 12.14% | 0.06% |
| 2004: | 11.43% | 0.06% |
| 2003: | 10.00% | 0.05% |
| 2002: | 5.36% | 0.03% |
The following bar graph represents the individual monthly volume history for Internet applications from Etobicoke, ON.
The following depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Etobicoke seem to occur during our second quarter (represented by the green bars) with 33.57% while our slowest is the fourth quarter (represented by the red bars) with 19.29%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 12.5% | |
| 2: | June: | 10.7% | |
| 3: | April: | 10.4% | |
| 4: | January: | 9.6% | |
| 5: | March: | 8.6% | |
| 6: | August: | 8.2% | |
| 7: | October: | 7.5% | |
| 8: | September: | 7.1% | |
| 9: | February: | 6.8% | |
| 10: | July: | 6.8% | |
| 11: | December: | 6.4% | |
| 12: | November: | 5.4% |
The information listed below plots the busy days for mortgage inquiries that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Etobicoke, the day with the most volume, having more than 19.29% of all inquiries, is Monday. In comparison, Friday's are the slowest day with only 8.57% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 19.3% | |
| 2: | Tuesday: | 16.1% | |
| 3: | Wednesday: | 16.1% | |
| 4: | Thursday: | 16.1% | |
| 5: | Sunday: | 13.6% | |
| 6: | Saturday: | 10.4% | |
| 7: | Friday: | 8.6% |
Mortgage inquiries are received 24 hours a day from our web site. The information shown below indicates the peak hours in the day. The data is taken from all days of all years. Only 38.2% of all mortgages are received during the morning, while 60.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.7% |
| 01:00 to 01:59: | 0.4% |
| 04:00 to 04:59: | 1.1% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 1.8% |
| 07:00 to 07:59: | 5.0% |
| 08:00 to 08:59: | 6.8% |
| 09:00 to 09:59: | 6.8% |
| 10:00 to 10:59: | 7.1% |
| 11:00 to 11:59: | 8.2% |
| 12:00 to 12:59: | 5.4% |
| 13:00 to 13:59: | 7.9% |
| 14:00 to 14:59: | 5.7% |
| 15:00 to 15:59: | 5.7% |
| 16:00 to 16:59: | 5.4% |
| 17:00 to 17:59: | 5.7% |
| 18:00 to 18:59: | 6.8% |
| 19:00 to 19:59: | 3.9% |
| 20:00 to 20:59: | 5.4% |
| 21:00 to 21:59: | 5.7% |
| 22:00 to 22:59: | 2.1% |
| 23:00 to 23:59: | 1.1% |
| 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 | |
|---|---|---|
| 012: | GUELPH, ON | 0.681% |
| 013: | OAKVILLE, ON | 0.670% |
| 014: | CAMBRIDGE, ON | 0.642% |
| 015: | OSHAWA, ON | 0.627% |
| 016: | ST CATHARINES, ON | 0.540% |
| 017: | ETOBICOKE, ON | 0.529% |
| 018: | BRANTFORD, ON | 0.515% |
| 019: | RICHMOND HILL, ON | 0.512% |
| 020: | NORTH YORK, ON | 0.510% |
| 021: | KINGSTON, ON | 0.508% |
| 022: | MARKHAM, ON | 0.438% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 31.8% | |
| Qualification: | 17.5% | |
| Renewal: | 12.1% | |
| No Money Down: | 11.4% | |
| Purchase: | 11.4% | |
| Refinance: | 9.6% | |
| Variable Rate: | 2.1% | |
| Pre-approval: | 1.8% | |
| Other: | 2.3% | |
| Total Application Types Found: 13 | ||
Average age: 37
Oldest age: 60
Youngest age: 21
The numbers below represent the average income of Canadians living in Etobicoke who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Etobicoke: | $56,099.38 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($3,399.09) |
| mortgage co-applicants in Etobicoke: | $42,319.06 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($84.07) |
The table and pie chart below represents the residential status of people living in Etobicoke who have applied for a loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 54.3% | |
| Own: | 32.9% | |
| Other: | 3.2% | |
| No Comment: | 3.2% | |
| Live with parents: | 6.4% |
The pie chart below represents the marital status of applicants from Etobicoke, Ontario using the preapproval application found on canequity.com. 67% of the mortgage applicants are living together with someone, while only 32% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.8% | |
| Single: | 24.3% | |
| Common-law: | 10.4% | |
| Divorced: | 4.3% | |
| Separated: | 3.9% | |
| Widowed: | 0.4% |
