Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 11.15% | 0.06% |
| 2010: | 11.52% | 0.06% |
| 2009: | 14.87% | 0.08% |
| 2008: | 11.90% | 0.06% |
| 2007: | 10.41% | 0.05% |
| 2006: | 9.66% | 0.05% |
| 2005: | 10.04% | 0.05% |
| 2004: | 8.92% | 0.04% |
| 2003: | 6.69% | 0.03% |
| 2002: | 4.83% | 0.03% |
The following bar graph illustrates CanEquity's individual monthly volume history for Internet mortgage applications originating from Kingston, ON.
The following bar graph shows the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Kingston seem to occur during our first quarter (represented by the brown bars) with 32.71% while our slowest is the fourth quarter (represented by the red bars) with 19.33%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 15.2% | |
| 2: | April: | 10.4% | |
| 3: | February: | 10.4% | |
| 4: | July: | 9.7% | |
| 5: | September: | 8.9% | |
| 6: | November: | 7.4% | |
| 7: | January: | 7.1% | |
| 8: | June: | 7.1% | |
| 9: | October: | 7.1% | |
| 10: | August: | 6.7% | |
| 11: | May: | 5.2% | |
| 12: | December: | 4.8% |
The data below plots the busy days for Internet applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Kingston the most busy day of the week, with 18.96% of all inquiries, is Tuesday. In comparison, Sunday's are the slowest day with only 10.04% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.0% | |
| 2: | Monday: | 16.7% | |
| 3: | Friday: | 16.0% | |
| 4: | Wednesday: | 13.8% | |
| 5: | Thursday: | 13.8% | |
| 6: | Saturday: | 10.8% | |
| 7: | Sunday: | 10.0% |
Mortgage inquiries are received 24 hours a day on the CanEquity web site. The report shown below represents the rush hours in the day. The data is taken from all days of all years. Only 37.5% of all mortgages are received during the morning, while 61.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.7% |
| 02:00 to 02:59: | 0.7% |
| 03:00 to 03:59: | 0.4% |
| 04:00 to 04:59: | 0.7% |
| 05:00 to 05:59: | 0.7% |
| 06:00 to 06:59: | 4.5% |
| 07:00 to 07:59: | 4.8% |
| 08:00 to 08:59: | 3.3% |
| 09:00 to 09:59: | 8.9% |
| 10:00 to 10:59: | 7.4% |
| 11:00 to 11:59: | 6.7% |
| 12:00 to 12:59: | 6.7% |
| 13:00 to 13:59: | 7.1% |
| 14:00 to 14:59: | 6.3% |
| 15:00 to 15:59: | 5.2% |
| 16:00 to 16:59: | 5.6% |
| 17:00 to 17:59: | 7.1% |
| 18:00 to 18:59: | 4.1% |
| 19:00 to 19:59: | 5.6% |
| 20:00 to 20:59: | 3.7% |
| 21:00 to 21:59: | 4.8% |
| 22:00 to 22:59: | 3.3% |
| 23:00 to 23:59: | 1.5% |
| 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 | |
|---|---|---|
| 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% |
| 023: | SAULT STE MARIE, ON | 0.428% |
| 024: | WATERLOO, ON | 0.423% |
| 025: | PETERBOROUGH, ON | 0.404% |
| 026: | AJAX, ON | 0.402% |
| 1 | Gananoque, Ontario |
| 2 | Seeleys Bay, Ontario |
| 3 | Athens, Ontario |
| 4 | Prescott, Ontario |
| 5 | Sydenham, Ontario |
| 6 | Amherstview, Ontario |
| 7 | Brockville, Ontario |
| 8 | Mallorytown, Ontario |
| 9 | Elgin, Ontario |
| 10 | Lyn, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 20.8% | |
| No Money Down: | 16.7% | |
| First-time Buyer: | 16.7% | |
| Refinance: | 15.6% | |
| Purchase: | 11.2% | |
| Renewal: | 9.3% | |
| Pre-approval: | 3.0% | |
| Low Doc: | 2.2% | |
| Commercial: | 1.5% | |
| Variable Rate: | 1.5% | |
| Other: | 1.6% | |
| Total Application Types Found: 14 | ||
Average age: 38
Oldest age: 79
Youngest age: 21
The amounts shown below represent the average income of Canadians living in Kingston who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Kingston: | $56,119.47 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($3,379.00) |
| mortgage co-applicants in Kingston: | $44,307.81 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $1,904.68 |
The following table represents the residential status of people living in Kingston who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 51.7% | |
| Own: | 42.0% | |
| Other: | 2.6% | |
| No Comment: | 1.9% | |
| Live with parents: | 1.9% |
The following pie chart represents the marital status of applicants from Kingston, Ontario using the preapproval application located at canequity.com. In Kingston, 63% of the mortgage applicants are living together with someone, while only 36% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.5% | |
| Single: | 26.8% | |
| Common-law: | 16.7% | |
| Separated: | 5.2% | |
| Divorced: | 4.1% | |
| Widowed: | 0.7% |
