Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.67% | 0.00% |
| 2010: | 6.67% | 0.00% |
| 2009: | 13.33% | 0.00% |
| 2008: | 6.67% | 0.00% |
| 2007: | 20.00% | 0.01% |
| 2006: | 20.00% | 0.01% |
| 2005: | 13.33% | 0.00% |
| 2003: | 6.67% | 0.00% |
| 2002: | 6.67% | 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 | |
|---|---|---|
| 184: | BOBCAYGEON, ON | 0.030% |
| 185: | COPPER CLIFF, ON | 0.030% |
| 186: | UNIONVILLE, ON | 0.030% |
| 187: | BEAVERTON, ON | 0.030% |
| 188: | ROCKWOOD, ON | 0.030% |
| 189: | MITCHELL, ON | 0.028% |
| 190: | EMBRUN, ON | 0.028% |
| 191: | PORT MCNICOLL, ON | 0.028% |
| 192: | HALIBURTON, ON | 0.028% |
| 193: | SOUTH PORCUPINE, ON | 0.028% |
| 194: | DRYDEN, ON | 0.028% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 40.0% | |
| No Money Down: | 33.3% | |
| Qualification: | 13.3% | |
| Refinance: | 6.7% | |
| Commercial: | 6.7% | |
| Total Application Types Found: 5 | ||
Average age: 36
Oldest age: 60
Youngest age: 23
The figures below represent the average income of applicants living in Mitchell who have applied for a home loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mitchell: | $38,300.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | ($21,198.47) |
| mortgage co-applicants in Mitchell: | $33,625.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | ($8,778.13) |
The pie chart below shows the residential status of people living in Mitchell who have applied for a mortgage loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 73.3% | |
| Own: | 13.3% | |
| No Comment: | 6.7% | |
| Live with parents: | 6.7% |
The following pie chart represents the marital status of applicants from Mitchell, Ontario using the preapproval application found on the CanEquity Mortgage web site. In Mitchell, over 53% of the mortgage applicants are either married or living common-law, while only 46% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 46.7% | |
| Married: | 40.0% | |
| Common-law: | 13.3% |
