Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 12.96% | 0.01% |
| 2010: | 9.26% | 0.01% |
| 2009: | 1.85% | 0.00% |
| 2008: | 16.67% | 0.02% |
| 2007: | 18.52% | 0.02% |
| 2006: | 11.11% | 0.01% |
| 2005: | 1.85% | 0.00% |
| 2004: | 14.82% | 0.01% |
| 2003: | 9.26% | 0.01% |
| 2002: | 3.70% | 0.00% |
The bar graph below shows the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Innisfil mostly occur during our first quarter (represented by the brown bars) with 37.04% while our slowest is the second quarter (represented by the green bars) with 14.81%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 22.2% | |
| 2: | April: | 13.0% | |
| 3: | October: | 13.0% | |
| 4: | March: | 11.1% | |
| 5: | November: | 9.3% | |
| 6: | August: | 9.3% | |
| 7: | July: | 7.4% | |
| 8: | September: | 7.4% | |
| 9: | February: | 3.7% | |
| 10: | May: | 1.9% | |
| 11: | December: | 1.9% | |
| 12: | December: | 0.0% |
The bar graph below shows the busy days for mortgage applications that were received by CanEquity. A combined total of all occurrences of each day are represented for the past 5 years. In Innisfil the most busy day of the week, with 25.93% of all submissions, is Wednesday. In comparison, Friday's are the slowest day with only 5.56% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 25.9% | |
| 2: | Thursday: | 20.4% | |
| 3: | Tuesday: | 14.8% | |
| 4: | Saturday: | 13.0% | |
| 5: | Sunday: | 11.1% | |
| 6: | Monday: | 9.3% | |
| 7: | Friday: | 5.6% |
In Innisfil, mortgages are received 24 hours a day from our web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 46.3% of all mortgages are received during the morning, while 51.9% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.9% |
| 05:00 to 05:59: | 1.9% |
| 06:00 to 06:59: | 1.9% |
| 07:00 to 07:59: | 9.3% |
| 08:00 to 08:59: | 11.1% |
| 09:00 to 09:59: | 9.3% |
| 10:00 to 10:59: | 7.4% |
| 11:00 to 11:59: | 5.6% |
| 12:00 to 12:59: | 5.6% |
| 13:00 to 13:59: | 1.9% |
| 14:00 to 14:59: | 5.6% |
| 15:00 to 15:59: | 3.7% |
| 16:00 to 16:59: | 1.9% |
| 17:00 to 17:59: | 13.0% |
| 18:00 to 18:59: | 5.6% |
| 19:00 to 19:59: | 3.7% |
| 20:00 to 20:59: | 1.9% |
| 21:00 to 21:59: | 5.6% |
| 22:00 to 22:59: | 3.7% |
| 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 | |
|---|---|---|
| 065: | FORT ERIE, ON | 0.123% |
| 066: | BRADFORD, ON | 0.121% |
| 067: | PETAWAWA, ON | 0.113% |
| 068: | ANCASTER, ON | 0.106% |
| 069: | COLLINGWOOD, ON | 0.106% |
| 070: | INNISFIL, ON | 0.102% |
| 071: | BOLTON, ON | 0.102% |
| 072: | TILLSONBURG, ON | 0.100% |
| 073: | ALLISTON, ON | 0.100% |
| 074: | COURTICE, ON | 0.100% |
| 075: | GRIMSBY, ON | 0.098% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 24.1% | |
| Qualification: | 22.2% | |
| No Money Down: | 16.7% | |
| Renewal: | 14.8% | |
| Low Doc: | 5.6% | |
| Commercial: | 3.7% | |
| Fixed Rate: | 1.9% | |
| Pre-approval: | 1.9% | |
| First-time Buyer: | 1.9% | |
| Equity Mortgage: | 1.9% | |
| Purchase: | 1.9% | |
| Investment: | 1.9% | |
| Variable Rate: | 1.9% | |
| Total Application Types Found: 13 | ||
Average age: 39
Oldest age: 62
Youngest age: 19
The figures below represent the average income of Canadians living in Innisfil who have submitted an inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Innisfil: | $61,983.18 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $2,484.71 |
| mortgage co-applicants in Innisfil: | $48,013.04 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $5,609.91 |
The following depicts the residential status of people living in Innisfil who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 29.6% | |
| Own: | 66.7% | |
| Other: | 1.9% | |
| No Comment: | 1.9% |
The information below shows the marital status of applicants from Innisfil, Ontario using the mortgage preapproval application located at canequity.com. In Innisfil, 70% of the mortgage applicants are living together with someone, while only 27% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 61.1% | |
| Single: | 16.7% | |
| Separated: | 9.3% | |
| Common-law: | 9.3% | |
| Divorced: | 1.9% | |
| Widowed: | 1.9% |
