Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 7.32% | 0.01% |
| 2010: | 7.32% | 0.01% |
| 2009: | 17.07% | 0.01% |
| 2008: | 12.20% | 0.01% |
| 2007: | 2.44% | 0.00% |
| 2006: | 21.95% | 0.02% |
| 2005: | 9.76% | 0.01% |
| 2004: | 7.32% | 0.01% |
| 2003: | 12.20% | 0.01% |
| 2002: | 2.44% | 0.00% |
The bar graph below compares the busy days for online mortgage applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Leamington, the day with the most volume, having more than 24.39% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 9.76% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 24.4% | |
| 2: | Monday: | 17.1% | |
| 3: | Tuesday: | 17.1% | |
| 4: | Thursday: | 12.2% | |
| 5: | Friday: | 9.8% | |
| 6: | Saturday: | 9.8% | |
| 7: | Sunday: | 9.8% |
Mortgage applications are received 24 hours a day from the CanEquity web site. The statistics shown below represents 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 |
|---|---|
| 04:00 to 04:59: | 2.4% |
| 05:00 to 05:59: | 2.4% |
| 06:00 to 06:59: | 2.4% |
| 07:00 to 07:59: | 9.8% |
| 08:00 to 08:59: | 9.8% |
| 09:00 to 09:59: | 4.9% |
| 10:00 to 10:59: | 7.3% |
| 11:00 to 11:59: | 9.8% |
| 12:00 to 12:59: | 4.9% |
| 13:00 to 13:59: | 7.3% |
| 14:00 to 14:59: | 2.4% |
| 15:00 to 15:59: | 4.9% |
| 16:00 to 16:59: | 4.9% |
| 17:00 to 17:59: | 14.6% |
| 18:00 to 18:59: | 2.4% |
| 19:00 to 19:59: | 2.4% |
| 20:00 to 20:59: | 2.4% |
| 21:00 to 21:59: | 4.9% |
| 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 | |
|---|---|---|
| 083: | STOUFFVILLE, ON | 0.085% |
| 084: | ACTON, ON | 0.083% |
| 085: | WATERDOWN, ON | 0.081% |
| 086: | BRACEBRIDGE, ON | 0.079% |
| 087: | CALEDONIA, ON | 0.077% |
| 088: | LEAMINGTON, ON | 0.077% |
| 089: | BROOKLIN, ON | 0.076% |
| 090: | PORT COLBORNE, ON | 0.076% |
| 091: | PARIS, ON | 0.076% |
| 092: | NAPANEE, ON | 0.074% |
| 093: | EAST YORK, ON | 0.074% |
| 1 | Kingsville, Ontario |
| 2 | Ruthven, Ontario |
| 3 | Essex, Ontario |
| 4 | Maidstone, Ontario |
| 5 | Amherstburg, Ontario |
| 6 | Lasalle, Ontario |
| 7 | Cottam, Ontario |
| 8 | Tecumseh, Ontario |
| 9 | Harrow, Ontario |
| 10 | Windsor, Ontario |
| 11 | Wheatley, Ontario |
| 12 | Mcgregor, Ontario |
| 13 | South Woodslee, Ontario |
| 14 | Emeryville, Ontario |
| 15 | Belle River, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 19.5% | |
| Renewal: | 19.5% | |
| Refinance: | 19.5% | |
| Qualification: | 14.6% | |
| No Money Down: | 9.8% | |
| Purchase: | 9.8% | |
| Pre-approval: | 2.4% | |
| Commercial: | 2.4% | |
| Investment: | 2.4% | |
| Total Application Types Found: 9 | ||
Average age: 35
Oldest age: 68
Youngest age: 23
The amounts below are the average income of Canadians living in Leamington who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Leamington: | $60,428.68 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $930.22 |
| mortgage co-applicants in Leamington: | $45,040.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $2,636.87 |
The table and pie chart below represents the residential status of people living in Leamington who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 39.0% | |
| Own: | 48.8% | |
| Other: | 4.9% | |
| Live with parents: | 7.3% |
The following pie chart represents the marital status of applicants from Leamington, Ontario using the mortgage application found on the CanEquity Mortgage web site. Approximately 68% of the mortgage applicants are living with someone, while only 31% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 46.3% | |
| Single: | 29.3% | |
| Common-law: | 22.0% | |
| Separated: | 2.4% |
