Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.19% | 0.02% |
| 2010: | 16.55% | 0.04% |
| 2009: | 16.55% | 0.04% |
| 2008: | 11.51% | 0.03% |
| 2007: | 14.39% | 0.04% |
| 2006: | 6.47% | 0.02% |
| 2005: | 10.07% | 0.03% |
| 2004: | 5.04% | 0.01% |
| 2003: | 9.35% | 0.03% |
| 2002: | 2.88% | 0.01% |
The following bar graph displays the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Kanata usually occur during our first quarter (represented by the brown bars) with 33.81% while our slowest is the fourth quarter (represented by the red bars) with 9.35%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 14.4% | |
| 2: | June: | 14.4% | |
| 3: | January: | 12.2% | |
| 4: | July: | 10.8% | |
| 5: | September: | 10.1% | |
| 6: | May: | 9.3% | |
| 7: | August: | 8.6% | |
| 8: | February: | 7.2% | |
| 9: | November: | 3.6% | |
| 10: | April: | 3.6% | |
| 11: | December: | 2.9% | |
| 12: | October: | 2.9% |
The graph below plots the busy days for Internet mortgage applications that were received by CanEquity. Each day is a representation of the combined 6-year total of all instances of that day. In Kanata, the day with the most volume, generating 20.86% of all inquiries, is Thursday. In comparison, Saturday's are the slowest day with only 6.47% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 20.9% | |
| 2: | Monday: | 20.1% | |
| 3: | Wednesday: | 16.6% | |
| 4: | Tuesday: | 15.1% | |
| 5: | Friday: | 12.2% | |
| 6: | Sunday: | 8.6% | |
| 7: | Saturday: | 6.5% |
Applications are received 24 hours a day on the CanEquity web site. The report shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 1.4% |
| 03:00 to 03:59: | 1.4% |
| 04:00 to 04:59: | 1.4% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 2.2% |
| 07:00 to 07:59: | 3.6% |
| 08:00 to 08:59: | 7.9% |
| 09:00 to 09:59: | 10.8% |
| 10:00 to 10:59: | 7.9% |
| 11:00 to 11:59: | 6.5% |
| 12:00 to 12:59: | 11.5% |
| 13:00 to 13:59: | 10.1% |
| 14:00 to 14:59: | 4.3% |
| 15:00 to 15:59: | 3.6% |
| 16:00 to 16:59: | 3.6% |
| 17:00 to 17:59: | 2.9% |
| 18:00 to 18:59: | 3.6% |
| 19:00 to 19:59: | 3.6% |
| 20:00 to 20:59: | 4.3% |
| 21:00 to 21:59: | 5.8% |
| 23:00 to 23:59: | 2.2% |
| 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 | |
|---|---|---|
| 033: | NEWMARKET, ON | 0.302% |
| 034: | CORNWALL, ON | 0.285% |
| 035: | ORLEANS, ON | 0.276% |
| 036: | MILTON, ON | 0.266% |
| 037: | TIMMINS, ON | 0.264% |
| 038: | KANATA, ON | 0.262% |
| 039: | SARNIA, ON | 0.260% |
| 040: | WOODSTOCK, ON | 0.260% |
| 041: | THORNHILL, ON | 0.253% |
| 042: | BELLEVILLE, ON | 0.243% |
| 043: | WELLAND, ON | 0.243% |
| 12 | Nepean, Ontario |
| 13 | Westport, Ontario |
| 14 | Mcnab, Ontario |
| 15 | Ottawa, Ontario |
| 16 | Ashton, Ontario |
| 17 | Braeside, Ontario |
| 18 | Tamworth, Ontario |
| 19 | Munster, Ontario |
| 20 | Metcalfe, Ontario |
| 21 | Perth, Ontario |
| 22 | Calabogie, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 21.6% | |
| Refinance: | 21.6% | |
| Renewal: | 18.0% | |
| First-time Buyer: | 10.8% | |
| No Money Down: | 9.4% | |
| Purchase: | 8.6% | |
| Variable Rate: | 3.6% | |
| Equity Mortgage: | 2.2% | |
| Investment: | 1.4% | |
| Other: | 2.8% | |
| Total Application Types Found: 13 | ||
Average age: 40
Oldest age: 76
Youngest age: 22
The numbers below represent the average income of people living in Kanata who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Kanata: | $69,882.34 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $10,383.87 |
| mortgage co-applicants in Kanata: | $54,507.92 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $12,104.79 |
The following table represents the residential status of people living in Kanata who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 25.2% | |
| Own: | 65.5% | |
| Other: | 0.7% | |
| No Comment: | 0.7% | |
| Live with parents: | 7.9% |
The following table and pie chart represents the marital status of applicants from Kanata, Ontario using the online mortgage application found at canequity.com. Approximately 65% of the mortgage applicants are living common-law or married, while only 33% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 55.4% | |
| Single: | 22.3% | |
| Common-law: | 10.1% | |
| Separated: | 6.5% | |
| Divorced: | 5.0% | |
| Widowed: | 0.7% |
