Canadian Mortgage Rates,
Calculators, News & Insurance
Calculators, News & Insurance
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2011: | 6.25% | 0.00% |
| 2010: | 25.00% | 0.01% |
| 2009: | 12.50% | 0.00% |
| 2008: | 18.75% | 0.01% |
| 2007: | 6.25% | 0.00% |
| 2005: | 12.50% | 0.00% |
| 2004: | 6.25% | 0.00% |
| 2003: | 6.25% | 0.00% |
| 2002: | 6.25% | 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 | |
|---|---|---|
| 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% |
| 183: | ELMVALE, ON | 0.030% |
| 184: | BOBCAYGEON, ON | 0.030% |
| 185: | COPPER CLIFF, ON | 0.030% |
| 186: | UNIONVILLE, ON | 0.030% |
| 187: | BEAVERTON, ON | 0.030% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 31.3% | |
| Renewal: | 25.0% | |
| First-time Buyer: | 18.8% | |
| Refinance: | 12.5% | |
| Purchase: | 6.3% | |
| Qualification: | 6.3% | |
| Total Application Types Found: 6 | ||
Average age: 39
Oldest age: 56
Youngest age: 22
The following depicts the average income of applicants living in Mount Hope who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Mount Hope: | $77,950.00 |
| applicants within all of Canada: | $59,498.47 |
| Difference: | $18,451.53 |
| mortgage co-applicants in Mount Hope: | $43,750.00 |
| co-applicants within all of Canada: | $42,403.13 |
| Difference: | $1,346.87 |
The pie chart below shows the residential status of people living in Mount Hope who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 18.8% | |
| Own: | 56.3% | |
| Other: | 6.3% | |
| Live with parents: | 18.8% |
The pie chart below represents the marital status of applicants from Mount Hope, Ontario using the mortgage application located at the CanEquity web site. Approximately 50% of the mortgage applicants are living common-law or married, while only 50% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Single: | 31.3% | |
| Divorced: | 12.5% | |
| Separated: | 6.3% |
