Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 8.33% | 0.00% |
| 2010: | 25.00% | 0.01% |
| 2009: | 12.50% | 0.01% |
| 2008: | 16.67% | 0.01% |
| 2006: | 16.67% | 0.01% |
| 2005: | 12.50% | 0.01% |
| 2004: | 4.17% | 0.00% |
| 2003: | 4.17% | 0.00% |
Mortgage inquiries are received 24 hours a day on the CanEquity web site. The report shown below indicates 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 |
|---|---|
| 00:00 to 00:59: | 4.2% |
| 06:00 to 06:59: | 4.2% |
| 07:00 to 07:59: | 16.7% |
| 09:00 to 09:59: | 8.3% |
| 10:00 to 10:59: | 4.2% |
| 11:00 to 11:59: | 8.3% |
| 12:00 to 12:59: | 12.5% |
| 13:00 to 13:59: | 4.2% |
| 15:00 to 15:59: | 8.3% |
| 17:00 to 17:59: | 4.2% |
| 18:00 to 18:59: | 16.7% |
| 19:00 to 19:59: | 4.2% |
| 22:00 to 22:59: | 4.2% |
| 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 | |
|---|---|---|
| 134: | BRIGHTON, ON | 0.049% |
| 135: | CHELMSFORD, ON | 0.047% |
| 136: | ARNPRIOR, ON | 0.047% |
| 137: | KINCARDINE, ON | 0.047% |
| 138: | PORT DOVER, ON | 0.047% |
| 139: | GRAVENHURST, ON | 0.045% |
| 140: | KIRKLAND LAKE, ON | 0.045% |
| 141: | ELMIRA, ON | 0.045% |
| 142: | FRANKFORD, ON | 0.045% |
| 143: | LISTOWEL, ON | 0.045% |
| 144: | BORDEN, ON | 0.045% |
| 1 | Kilworthy, Ontario |
| 2 | Severn Bridge, Ontario |
| 3 | Kirkfield, Ontario |
| 4 | Coboconk, Ontario |
| 5 | Norland, Ontario |
| 6 | Kinmount, Ontario |
| 7 | Bobcaygeon, Ontario |
| 8 | Fenelon Falls, Ontario |
| 9 | Minden, Ontario |
| 10 | Ennismore, Ontario |
| 11 | Rosseau, Ontario |
| 12 | Cameron, Ontario |
| 13 | Bridgenorth, Ontario |
| 14 | Dunsford, Ontario |
| 15 | Peterborough, Ontario |
| 16 | Gooderham, Ontario |
| 17 | Lindsay, Ontario |
| 18 | Omemee, Ontario |
| 19 | Bracebridge, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.0% | |
| Purchase: | 25.0% | |
| No Money Down: | 12.5% | |
| First-time Buyer: | 8.3% | |
| Investment: | 8.3% | |
| Commercial: | 4.2% | |
| Second Mortgage: | 4.2% | |
| Renewal: | 4.2% | |
| Refinance: | 4.2% | |
| Variable Rate: | 4.2% | |
| Total Application Types Found: 10 | ||
Average age: 43
Oldest age: 65
Youngest age: 22
The following depicts the average income of Canadians living in Gravenhurst who have applied for a mortgage loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Gravenhurst: | $53,880.43 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($5,618.04) |
| mortgage co-applicants in Gravenhurst: | $36,193.71 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($6,209.42) |
The table and pie chart below represents the residential status of people living in Gravenhurst who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 12.5% | |
| Own: | 70.8% | |
| Other: | 4.2% | |
| Live with parents: | 12.5% |
The following pie chart represents the marital status of applicants from Gravenhurst, Ontario using the online mortgage application found on the CanEquity Mortgage web site. In Gravenhurst, approximately 45% of the mortgage applicants are living common-law or married, while only 54% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 45.8% | |
| Married: | 37.5% | |
| Common-law: | 8.3% | |
| Divorced: | 4.2% | |
| Separated: | 4.2% |
