Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 5.88% | 0.00% |
| 2010: | 11.77% | 0.00% |
| 2009: | 11.77% | 0.00% |
| 2008: | 11.77% | 0.00% |
| 2007: | 5.88% | 0.00% |
| 2006: | 17.65% | 0.01% |
| 2005: | 5.88% | 0.00% |
| 2004: | 11.77% | 0.00% |
| 2003: | 11.77% | 0.00% |
| 2002: | 5.88% | 0.00% |
| 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 | |
|---|---|---|
| 172: | COLDWATER, ON | 0.032% |
| 173: | MOUNT FOREST, ON | 0.032% |
| 174: | ELORA, ON | 0.032% |
| 175: | HAVELOCK, ON | 0.032% |
| 176: | MARMORA, ON | 0.032% |
| 177: | MINDEN, ON | 0.032% |
| 178: | DURHAM, ON | 0.032% |
| 179: | SPENCERVILLE, ON | 0.032% |
| 180: | CAYUGA, ON | 0.030% |
| 181: | WATERFORD, ON | 0.030% |
| 182: | MOUNT HOPE, ON | 0.030% |
| 1 | Kinmount, Ontario |
| 2 | Bracebridge, Ontario |
| 3 | Gravenhurst, Ontario |
| 4 | Gooderham, Ontario |
| 5 | Kilworthy, Ontario |
| 6 | Norland, Ontario |
| 7 | Coboconk, Ontario |
| 8 | Severn Bridge, Ontario |
| 9 | Baysville, Ontario |
| 10 | Lakefield, Ontario |
| 11 | Kirkfield, Ontario |
| 12 | Rosseau, Ontario |
| 13 | Fenelon Falls, Ontario |
| 14 | Marmora, Ontario |
| 15 | Haliburton, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 41.2% | |
| Refinance: | 17.6% | |
| No Money Down: | 11.8% | |
| First-time Buyer: | 11.8% | |
| Renewal: | 5.9% | |
| Purchase: | 5.9% | |
| Commercial: | 5.9% | |
| Total Application Types Found: 7 | ||
Average age: 42
Oldest age: 62
Youngest age: 25
The information below represents the average income of Canadians living in Minden who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Minden: | $47,886.67 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($11,611.80) |
| mortgage co-applicants in Minden: | $33,900.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($8,503.13) |
The table and pie chart below represents the residential status of people living in Minden who have applied for a home loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 52.9% | |
| Own: | 41.2% | |
| No Comment: | 5.9% |
The following pie chart represents the marital status of applicants from Minden, Ontario using the preapproval application found on canequity.com. In Minden, approximately 76% of the mortgage applicants are either married or living common-law, while only 23% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 58.8% | |
| Common-law: | 17.6% | |
| Divorced: | 11.8% | |
| Single: | 11.8% |
