Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 3.70% | 0.01% |
| 2010: | 13.58% | 0.02% |
| 2009: | 8.64% | 0.01% |
| 2008: | 6.17% | 0.01% |
| 2007: | 16.05% | 0.03% |
| 2006: | 13.58% | 0.02% |
| 2005: | 16.05% | 0.03% |
| 2004: | 3.70% | 0.01% |
| 2003: | 9.88% | 0.01% |
| 2002: | 8.64% | 0.01% |
The bar graph below represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Georgetown happen to occur during our first quarter (represented by the brown bars) with 32.10% while our slowest is the fourth quarter (represented by the red bars) with 14.81%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 16.1% | |
| 2: | April: | 11.1% | |
| 3: | August: | 11.1% | |
| 4: | February: | 9.9% | |
| 5: | July: | 9.9% | |
| 6: | June: | 8.6% | |
| 7: | December: | 7.4% | |
| 8: | October: | 7.4% | |
| 9: | September: | 7.4% | |
| 10: | March: | 6.2% | |
| 11: | May: | 4.9% | |
| 12: | December: | 0.0% |
The information listed below displays the busy days for online inquiries that were received by CanEquity. Each day represents a combined total of all occurrences of that day in the past 5 years. In Georgetown the busiest day of the week, with 20.99% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 7.41% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 21.0% | |
| 2: | Tuesday: | 17.3% | |
| 3: | Monday: | 16.1% | |
| 4: | Sunday: | 13.6% | |
| 5: | Friday: | 12.4% | |
| 6: | Thursday: | 12.4% | |
| 7: | Saturday: | 7.4% |
In Georgetown, inquiries are received 24 hours a day via the CanEquity web site. The graph shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 45.7% of all mortgages are received during the morning, while 54.3% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 1.2% |
| 06:00 to 06:59: | 2.5% |
| 07:00 to 07:59: | 4.9% |
| 08:00 to 08:59: | 9.9% |
| 09:00 to 09:59: | 7.4% |
| 10:00 to 10:59: | 11.1% |
| 11:00 to 11:59: | 8.6% |
| 12:00 to 12:59: | 4.9% |
| 13:00 to 13:59: | 11.1% |
| 14:00 to 14:59: | 13.6% |
| 15:00 to 15:59: | 4.9% |
| 16:00 to 16:59: | 3.7% |
| 17:00 to 17:59: | 3.7% |
| 18:00 to 18:59: | 2.5% |
| 19:00 to 19:59: | 1.2% |
| 20:00 to 20:59: | 4.9% |
| 21:00 to 21:59: | 2.5% |
| 23:00 to 23:59: | 1.2% |
| 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 | |
|---|---|---|
| 049: | ST THOMAS, ON | 0.185% |
| 050: | AURORA, ON | 0.181% |
| 051: | ORANGEVILLE, ON | 0.164% |
| 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% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 24.7% | |
| First-time Buyer: | 18.5% | |
| Qualification: | 14.8% | |
| Renewal: | 14.8% | |
| No Money Down: | 9.9% | |
| Purchase: | 6.2% | |
| Variable Rate: | 4.9% | |
| Second Mortgage: | 2.5% | |
| Fixed Rate: | 1.2% | |
| Low Doc: | 1.2% | |
| Investment: | 1.2% | |
| Total Application Types Found: 11 | ||
Average age: 39
Oldest age: 61
Youngest age: 23
The numbers below represent the average income of people living in Georgetown who have applied for a loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Georgetown: | $67,839.77 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $8,341.30 |
| mortgage co-applicants in Georgetown: | $52,065.02 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $9,661.89 |
The information shown below represents the residential status of people living in Georgetown who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.0% | |
| Own: | 56.8% | |
| Other: | 1.2% | |
| No Comment: | 3.7% | |
| Live with parents: | 1.2% |
The following table and pie chart represents the marital status of applicants from Georgetown, Ontario using the mortgage application found on the CanEquity Mortgage web site. In Georgetown, over 66% of the mortgage applicants are living common-law or married, while only 33% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 56.8% | |
| Single: | 21.0% | |
| Common-law: | 9.9% | |
| Separated: | 8.6% | |
| Divorced: | 3.7% |
